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Punjab National Bank eases for fifth straight session

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Punjab National Bank is quoting at Rs 26.55, down 0.19% on the day as on 13:24 IST on the NSE. The stock tumbled 69.16% in last one year as compared to a 23.6% slide in NIFTY and a 42.24% fall in the Nifty Bank index.

Punjab National Bank dropped for a fifth straight session today. The stock is quoting at Rs 26.55, down 0.19% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is up around 0.75% on the day, quoting at 8945.7. The Sensex is at 30372.19, up 0.58%.Punjab National Bank has eased around 14.63% in last one month.Meanwhile, Nifty Bank index of which Punjab National Bank is a constituent, has eased around 9.81% in last one month and is currently quoting at 17486.25, up 0.11% on the day. The volume in the stock stood at 106.24 lakh shares today, compared to the daily average of 204.42 lakh shares in last one month.

The benchmark May futures contract for the stock is quoting at Rs 26.4, down 0.19% on the day. Punjab National Bank tumbled 69.16% in last one year as compared to a 23.6% slide in NIFTY and a 42.24% fall in the Nifty Bank index.

The PE of the stock is 0 based on TTM earnings ending December 19.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, May 20 2020. 13:35 IST
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