Stock market update: Punjab National Bank shares gain 4.56%

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Stock market update: Punjab National Bank shares gain 4.56%


NEW DELHI: Shares of traded 4.56 per cent up in Thursday’s trade at 01:22PM (IST). Around 263740449 shares changed hands on the counter. The stock opened at Rs 42.0 and touched an intraday high and low of Rs 44.15 and Rs 41.8, respectively, in the session so far.

The stock quoted a 52-week high of Rs 91.2 and a 52-week low of Rs 26.35.

Financials

Punjab National Bank, incorporated in the year 1969, is a banking company (having a market cap of Rs 45577.92 Crore).

Punjab National Bank key Products/Revenue Segments include Interest & Discount on Advances & Bills, Income From Investment, Interest On Balances with RBI and Other Inter-Bank Funds and Interest for the year ending 31-Mar-2020.

Promoter holding

Promoters held 76.87 per cent stake in the company as of quarter ended 31st Dec 2020.

Valuation ratio

It quoted a price-to-earnings ratio of 43.65 and price to book value of 0.37.





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