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Punjab National Bank slips for fifth straight session

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Capital Market

The stock is quoting at Rs 83.9, down 2.67% on the day as on 13:19 IST on the NSE. Punjab National Bank tumbled 42.36% in last one year as compared to a 11.87% rally in NIFTY and a 12.01% spurt in the Nifty Bank index.

Punjab National Bank dropped for a fifth straight session today. The stock is quoting at 83.9, down 2.67% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.01% on the day, quoting at 10772.7. The Sensex is at 35574.81, up 0.08%.Punjab National Bank has added around 2.88% in last one month.Meanwhile, Nifty Bank index of which Punjab National Bank is a constituent, has increased around 3.13% in last one month and is currently quoting at 26557.7, up 0.11% on the day. The volume in the stock stood at 115.36 lakh shares today, compared to the daily average of 228.87 lakh shares in last one month.

 

The benchmark June futures contract for the stock is quoting at Rs 83.9, down 2.84% on the day. Punjab National Bank tumbled 42.36% in last one year as compared to a 11.87% rally in NIFTY and a 12.01% 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: Jun 21 2018 | 1:35 PM IST

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