Punjab National Bank (PNB) is up for a third straight session. The company’s stock is quoted at Rs 35.35, up 5.37 per cent on the NSE. The benchmark NIFTY is up around 0.61 per cent, and the bank’s stock is at 17712.85. The Sensex is at 59427.21, up 0.58 per cent. Last month, Punjab National Bank added around 11.87 per cent.
Meanwhile, the Nifty Bank index, of which Punjab National Bank is a constituent, has added around 8.38 per cent. Recently, the bank’s stock has been quoting 39038.5, up 1.08 per cent. Today, the volume of shares stood at 541.85 lakh shares compared to the daily average of 320.54 lakh shares.
- Glenmark Pharmaceuticals Shares Gain 1% on Receiving USFDA Approval
- Stocks in Focus: Vedanta, PB Fintech, Vodafone Idea, and Others
- Stocks Under F&O Ban: Bandhan Bank, Piramal Enterprise, Biocon, and Others
- Go-Digit’s Second Day of IPO: Latest Updates and RHP Details
- Digital Competition Bill Can Hinder With Tech Startup’s Investment Plans
In August, the futures contract for the bank’s stock was quoted at Rs 35.4, up 5.36 per cent. In comparison, the bank stock is down 1.26 per cent over the stock 10.79 per cent gain in the Nifty Bank index. The private equity of the bank’s stock is 13.45 based on TTM earnings ending June 22
Last year in December, Punjab National Bank stock was quoting at Rs 38.1. The benchmark NIFTY is up around 0.77 per cent on that day. The Sensex is at 57389.88, up 0.81 per cent. In July, PNB slipped around 5.81 per cent.