Punjab National Bank spurts 2.9%

Punjab National Bank is quoting at Rs 49.75, up 2.9% on the day as on 12:49 IST on the NSE. The stock is up 40.74% in last one year as compared to a 4.9% jump in NIFTY and a 14.77% jump in the Nifty Bank index.

Punjab National Bank is up for a third straight session today. The stock is quoting at Rs 49.75, up 2.9% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.67% on the day, quoting at 17419.15. The Sensex is at 59342.26, up 0.64%. Punjab National Bank has slipped around 2.07% in last one month.

Meanwhile, Nifty Bank index of which Punjab National Bank is a constituent, has slipped around 0.18% in last one month and is currently quoting at 40269.05, up 0.82% on the day. The volume in the stock stood at 323.52 lakh shares today, compared to the daily average of 551.52 lakh shares in last one month.

The benchmark March futures contract for the stock is quoting at Rs 50.1, up 2.87% on the day. Punjab National Bank is up 40.74% in last one year as compared to a 4.9% jump in NIFTY and a 14.77% jump in the Nifty Bank index.

The PE of the stock is 34.29 based on TTM earnings ending December 22.

Powered by Capital Market - Live News

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)