Punjab National Bank in demand

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Capital Market
Last Updated : Nov 25 2020 | 1:31 PM IST

Punjab National Bank is quoting at Rs 32, up 5.26% on the day as on 12:49 IST on the NSE. The stock is down 49.37% in last one year as compared to a 8.17% spurt in NIFTY and a 6.31% spurt in the Nifty Bank index.

Punjab National Bank gained for a third straight session today. The stock is quoting at Rs 32, up 5.26% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.26% on the day, quoting at 13021.05. The Sensex is at 44394.83, down 0.29%. Punjab National Bank has risen around 14.29% in last one month.

Meanwhile, Nifty Bank index of which Punjab National Bank is a constituent, has risen around 23.43% in last one month and is currently quoting at 29737.25, down 0.07% on the day. The volume in the stock stood at 572.32 lakh shares today, compared to the daily average of 374.24 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 32.2, up 5.57% on the day. Punjab National Bank is down 49.37% in last one year as compared to a 8.17% spurt in NIFTY and a 6.31% spurt in the Nifty Bank index.

The PE of the stock is 0 based on TTM earnings ending September 20.

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First Published: Nov 25 2020 | 1:05 PM IST

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