Punjab National Bank spurts 1.42%

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Capital Market
Last Updated : Nov 09 2021 | 1:31 PM IST

Punjab National Bank is quoting at Rs 43, up 1.42% on the day as on 12:54 IST on the NSE. The stock is up 45.27% in last one year as compared to a 42.84% gain in NIFTY and a 37.8% gain in the Nifty Bank index.

Punjab National Bank rose for a third straight session today. The stock is quoting at Rs 43, up 1.42% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is down around 0.14% on the day, quoting at 18042.45. The Sensex is at 60398.7, down 0.24%. Punjab National Bank has added around 6.3% in last one month.

Meanwhile, Nifty Bank index of which Punjab National Bank is a constituent, has added around 2.94% in last one month and is currently quoting at 39438.25, down 0.05% on the day. The volume in the stock stood at 368.62 lakh shares today, compared to the daily average of 1260.2 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 43.15, up 1.29% on the day. Punjab National Bank is up 45.27% in last one year as compared to a 42.84% gain in NIFTY and a 37.8% gain in the Nifty Bank index.

The PE of the stock is 14.47 based on TTM earnings ending September 21.

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First Published: Nov 09 2021 | 1:06 PM IST

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