Feb 27, 2018 05:21 PM IST | Source: CNBC-TV18

A downward spiral: PNB slips below Rs 100 per share

Dalal Street punished the PNB stock yet again after the announcement of fresh addition to the estimated cost of fraud. That stock ended the day down around 13 percent, hitting the sub Rs 100 mark for the first time in over a year-and-a-half.

CNBC TV18 @moneycontrolcom

Dalal Street punished the Punjab National Bank stock yet again after the announcement of fresh addition to the estimated cost of fraud. That stock ended the day down around 13 percent, hitting the sub Rs 100 mark for the first time in over a year-and-a-half.

Watch accompanying video of CNBC-TV18’s Nigel D’Souza for more on how the stock has fared since the detection of the Nirav Modi fraud.