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Punjab National Bank soars 5.3%

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Capital Market
Last Updated : Jul 30 2018 | 1:16 PM IST

The stock is quoting at Rs 86.35, up 5.3% on the day as on 12:49 IST on the NSE. Punjab National Bank is down 46.8% in last one year as compared to a 12.09% spurt in NIFTY and a 10.56% spurt in the Nifty Bank index.

Punjab National Bank is up for a third straight session in a row. The stock is quoting at Rs 86.35, up 5.3% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.15% on the day, quoting at 11295.7. The Sensex is at 37421.9, up 0.23%. Punjab National Bank has risen around 10.49% in last one month.

Meanwhile, Nifty Bank index of which Punjab National Bank is a constituent, has risen around 5.81% in last one month and is currently quoting at 27634.4, up 0.43% on the day. The volume in the stock stood at 549.17 lakh shares today, compared to the daily average of 254.19 lakh shares in last one month.

The benchmark August futures contract for the stock is quoting at Rs 87, up 5.33% on the day. Punjab National Bank is down 46.8% in last one year as compared to a 12.09% spurt in NIFTY and a 10.56% spurt in the Nifty Bank index.

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

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First Published: Jul 30 2018 | 1:05 PM IST

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