According to rbi.org, the financial institution sector in India comprises over 91 commercial banks, including 20 public sector banks and various specialized entities. Key institutions like the Reserve Bank of India and NABARD play pivotal roles in economic stability and development, facilitating credit and investment across diverse sectors, thus significantly contributing to the nation’s GDP growth.
Shares of affordable housing finance companies dropped sharply on Monday following the Union Budget 2025, which fell short of market expectations for increased capital expenditure in the sector. The government allocated Rs 11.21 lakh crore for FY26, a modest 0.9% increase, disappointing analysts hoping for more support.
Ahead of the Budget, industry stakeholders recommended raising the house value cap under Pradhan Mantri Awas Yojana (PMAY) from ₹35 lahks to ₹50 lakh in metro cities to enhance the scheme’s effectiveness. However, this proposal was not included in the Budget announcements.
Analysts noted that expectations were high for the government to revise home loan interest deduction limits to provide relief to buyers and stimulate demand. However, the lack of any change in this regard has further dampened sentiment in the sector, disappointing stakeholders and reducing market optimism.
Here are the housing stocks that fell up to 12% after disappointing market expectations on higher capital expenditure in Union Budget 2025.
Housing and Urban Development Corporation
With a market capitalization of Rs 39,657.64 crores, the shares were trading at Rs 198.10 per share, decreased around 12 percent as compared to the previous closing price.
Can Fin Homes Ltd.
With a market capitalization of Rs 8,631.72 crores, the shares were trading at Rs 648.25 per share, decreased around 4 percent as compared to the previous closing price.
India Shelter Finance Corporation Ltd
With a market capitalization of Rs 6,633.95 crores, the shares were trading at Rs 615.80 per share, decreased around 2.49 percent as compared to the previous closing price.
Coral India Finance and Housing Ltd
With a market capitalization of Rs 187.49 crores, the shares were trading at Rs 46.52 per share, decreased around 2.84 percent as compared to the previous closing price.
Written by Abhishek Singh
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