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Punjab National Bank eases for fifth straight session

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Punjab National Bank is quoting at Rs 40.05, down 1.84% on the day as on 13:19 IST on the NSE. The stock jumped 13.46% in last one year as compared to a 66.58% rally in NIFTY and a 57.57% spurt in the Nifty Bank index.

Punjab National Bank fell for a fifth straight session today. The stock is quoting at Rs 40.05, down 1.84% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.05% on the day, quoting at 14937. The Sensex is at 50477.79, up 0.16%.Punjab National Bank has eased around 3.96% in last one month.Meanwhile, Nifty Bank index of which Punjab National Bank is a constituent, has eased around 5.42% in last one month and is currently quoting at 35182.55, down 0.77% on the day. The volume in the stock stood at 705.93 lakh shares today, compared to the daily average of 1815.35 lakh shares in last one month.

 

The benchmark March futures contract for the stock is quoting at Rs 39.75, down 2.09% on the day. Punjab National Bank jumped 13.46% in last one year as compared to a 66.58% rally in NIFTY and a 57.57% spurt in the Nifty Bank index.

The PE of the stock is 58.29 based on TTM earnings ending December 20.

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First Published: Mar 16 2021 | 1:35 PM IST

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