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Punjab & Sind Bank soars 14.56%, Gains for third straight session

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Last Updated : Feb 02 2024 | 1:31 PM IST

Punjab & Sind Bank is quoting at Rs 62.15, up 14.56% on the day as on 12:49 IST on the NSE. The stock is up 118.45% in last one year as compared to a 22.58% gain in NIFTY and a 70.45% gain in the Nifty PSU Bank index.

Punjab & Sind Bank is up for a third straight session in a row. The stock is quoting at Rs 62.15, up 14.56% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.86% on the day, quoting at 21884.95. The Sensex is at 72269.08, up 0.87%. Punjab & Sind Bank has added around 40.45% in last one month.

Meanwhile, Nifty PSU Bank index of which Punjab & Sind Bank is a constituent, has added around 14.26% in last one month and is currently quoting at 6466.45, up 2.5% on the day. The volume in the stock stood at 324.05 lakh shares today, compared to the daily average of 65.71 lakh shares in last one month.

The PE of the stock is 31.28 based on TTM earnings ending September 23.

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First Published: Feb 02 2024 | 1:05 PM IST

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