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Punjab National Bank soars 1.3%, up for third straight session

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Capital Market

Punjab National Bank is quoting at Rs 54.7, up 1.3% on the day as on 12:49 IST on the NSE. The stock is up 43.95% in last one year as compared to a 10.57% jump in NIFTY and a 21.11% jump in the index.

Punjab National Bank rose for a third straight session today. The stock is quoting at Rs 54.7, up 1.3% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.02% on the day, quoting at 18699.55. The Sensex is at 62872.28, up 0.01%. Punjab National Bank has gained around 30.7% in last one month.

 

Meanwhile, index of which Punjab National Bank is a constituent, has gained around 3.82% in last one month and is currently quoting at 43103.75, up 0.41% on the day. The volume in the stock stood at 539.48 lakh shares today, compared to the daily average of 1317.81 lakh shares in last one month.

The benchmark December futures contract for the stock is quoting at Rs 54.75, up 0.74% on the day. Punjab National Bank is up 43.95% in last one year as compared to a 10.57% jump in NIFTY and a 21.11% jump in the index.

The PE of the stock is 29.03 based on TTM earnings ending September 22.

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First Published: Dec 05 2022 | 1:05 PM IST

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