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Punjab National Bank spurts around 3%

Capital Market 

Punjab National Bank is quoting at Rs 38.3, up 2.96% on the day as on 12:54 IST on the NSE. The stock is down 58.16% in last one year as compared to a 23.99% fall in NIFTY and a 30.58% fall in the Nifty Bank index.

Punjab National Bank is up for a third straight session in a row. The stock is quoting at Rs 38.3, up 2.96% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 5.39% on the day, quoting at 8708.65. The Sensex is at 29836.01, up 5.47%. Punjab National Bank has dropped around 23.93% in last one month.

Meanwhile, Nifty Bank index of which Punjab National Bank is a constituent, has dropped around 32.57% in last one month and is currently quoting at 20083.5, up 2.25% on the day. The volume in the stock stood at 188.79 lakh shares today, compared to the daily average of 289.52 lakh shares in last one month.

The benchmark March futures contract for the stock is quoting at Rs 38.35, up 3.51% on the day. Punjab National Bank is down 58.16% in last one year as compared to a 23.99% fall in NIFTY and a 30.58% 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: Fri, March 20 2020. 13:05 IST
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