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Scam-hit Punjab National Bank stock goes down 2% as probe widens

Since February 12 till February 19, the stock had fallen almost 28 per cent

PNB
File photo: Reuters
Press Trust of India New Delhi
Last Updated : Feb 22 2018 | 10:58 PM IST
Shares of scam-hit Punjab National Bank on Thursday came under selling pressure, falling over 2 per cent, after witnessing marginal gains in the past two sessions.

The stock went down 2.09 per cent to end at Rs 114.65 on BSE. During the day, it lost 2.90 per cent to Rs 113.70.

At NSE, shares of the company slipped 2.30 per cent to close at Rs 114.60.

In terms of equity volume, 279,8000 shares of the company were traded on BSE and over 4 crore shares changed hands at NSE during the day.

Since February 12 till February 19, the stock had fallen almost 28 per cent.

State-owned PNB on Thursday said it has followed lawful avenues to recover its dues following Rs114 billion swindling of funds allegedly by jewellery designer Nirav Modi and associates.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Feb 22 2018 | 10:57 PM IST

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