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Punjab National Bank spurts 1.74%, up for five straight sessions

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Capital Market
Last Updated : Apr 27 2021 | 1:05 PM IST

Punjab National Bank is quoting at Rs 35.05, up 1.74% on the day as on 12:49 IST on the NSE. The stock is up 12.16% in last one year as compared to a 55.77% gain in NIFTY and a 57.7% gain in the Nifty Bank.

Punjab National Bank rose for a fifth straight session today. The stock is quoting at Rs 35.05, up 1.74% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.88% on the day, quoting at 14612.8. The Sensex is at 48827.09, up 0.91%. Punjab National Bank has dropped around 3.04% in last one month.

Meanwhile, Nifty Bank index of which Punjab National Bank is a constituent, has dropped around 3.77% in last one month and is currently quoting at 32275.15, up 1% on the day. The volume in the stock stood at 611.4 lakh shares today, compared to the daily average of 1111.18 lakh shares in last one month.

The benchmark April futures contract for the stock is quoting at Rs 35.15, up 1.88% on the day. Punjab National Bank is up 12.16% in last one year as compared to a 55.77% gain in NIFTY and a 57.7% gain in the Nifty Bank index.

The PE of the stock is 49.21 based on TTM earnings ending December 20.

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First Published: Apr 27 2021 | 1:00 PM IST

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