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Punjab National Bank drops for fifth straight session

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Capital Market
Last Updated : Jan 22 2020 | 1:50 PM IST

Punjab National Bank is quoting at Rs 61.2, down 0.41% on the day as on 13:19 IST on the NSE. The stock tumbled 21.29% in last one year as compared to a 12.01% rally in NIFTY and a 12.87% spurt in the Nifty Bank index.

Punjab National Bank fell for a fifth straight session today. The stock is quoting at Rs 61.2, down 0.41% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.31% on the day, quoting at 12132.55. The Sensex is at 41198.64, down 0.3%.Punjab National Bank has eased around 3.85% in last one month.Meanwhile, Nifty Bank index of which Punjab National Bank is a constituent, has eased around 4.89% in last one month and is currently quoting at 30947.55, down 0.61% on the day. The volume in the stock stood at 91.38 lakh shares today, compared to the daily average of 166.05 lakh shares in last one month.

The benchmark January futures contract for the stock is quoting at Rs 61.25, down 0.49% on the day. Punjab National Bank tumbled 21.29% in last one year as compared to a 12.01% rally in NIFTY and a 12.87% spurt in the Nifty Bank index.

The PE of the stock is 0 based on TTM earnings ending September 19.

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First Published: Jan 22 2020 | 1:35 PM IST

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