Buy Punjab National Bank, target Rs 218: Dharmesh Shah
ETMarkets.com|
Nov 07, 2017, 08.37 AM IST
Dharmesh Shah of ICICI Direct has a buy call on Punjab National Bank with a target price of Rs 218.
The current market price of Punjab National Bank is Rs 201.15.
Time period given by the analyst is intraday when Punjab National Bank price can reach defined target.
Dharmesh Shah recommended to keep a stop loss at Rs 191.
Punjab National Bank, incorporated in the year 1969, is a banking company (having a market cap of Rs 45,293.83 Crore).
Punjab National Bank key Products/Revenue Segments include Interest & Discount on Advances & Bills which contributed Rs 32,958.82 Crore to Sales Value (69.71 per cent of Total Sales), Income From Investment which contributed Rs 12577.17 Crore to Sales Value (26.60 per cent of Total Sales), Interest On Balances with RBI and Other Inter-Bank Funds which contributed Rs 1354.20 Crore to Sales Value (2.86 per cent of Total Sales) and Interest which contributed Rs 385.80 Crore to Sales Value (0.81 per cent of Total Sales)for the year ending 31-Mar-2017.
The current market price of Punjab National Bank is Rs 201.15.
Time period given by the analyst is intraday when Punjab National Bank price can reach defined target.
Dharmesh Shah recommended to keep a stop loss at Rs 191.
Punjab National Bank, incorporated in the year 1969, is a banking company (having a market cap of Rs 45,293.83 Crore).
Punjab National Bank key Products/Revenue Segments include Interest & Discount on Advances & Bills which contributed Rs 32,958.82 Crore to Sales Value (69.71 per cent of Total Sales), Income From Investment which contributed Rs 12577.17 Crore to Sales Value (26.60 per cent of Total Sales), Interest On Balances with RBI and Other Inter-Bank Funds which contributed Rs 1354.20 Crore to Sales Value (2.86 per cent of Total Sales) and Interest which contributed Rs 385.80 Crore to Sales Value (0.81 per cent of Total Sales)for the year ending 31-Mar-2017.
