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Punjab National Bank remains supported

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Capital Market
Last Updated : Mar 22 2019 | 1:31 PM IST

Punjab National Bank is quoting at Rs 93.9, up 0.37% on the day as on 12:49 IST on the NSE. The stock is up 0.81% in last one year as compared to a 15% jump in NIFTY and a 25.63% jump in the Nifty Bank.

Punjab National Bank is up for a fifth straight session today. The stock is quoting at Rs 93.9, up 0.37% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.2% on the day, quoting at 11498. The Sensex is at 38298.89, down 0.23%. Punjab National Bank has gained around 27.76% in last one month.

Meanwhile, Nifty Bank index of which Punjab National Bank is a constituent, has gained around 9.49% in last one month and is currently quoting at 29832.2, down 0.32% on the day. The volume in the stock stood at 434.12 lakh shares today, compared to the daily average of 344.79 lakh shares in last one month.

The benchmark March futures contract for the stock is quoting at Rs 94.15, up 0.43% on the day. Punjab National Bank is up 0.81% in last one year as compared to a 15% jump in NIFTY and a 25.63% jump in the Nifty Bank index.

The PE of the stock is 0 based on TTM earnings ending December 18.

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First Published: Mar 22 2019 | 1:00 PM IST

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