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Punjab & Sind Bank sees good buying

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Capital Market

Punjab & Sind Bank is quoting at Rs 17.9, up 4.68% on the day as on 12:54 IST on the NSE. The stock is up 47.93% in last one year as compared to a 52.69% jump in NIFTY and a 77.61% jump in the Nifty PSU Bank index.

Punjab & Sind Bank is up for a third straight session today. The stock is quoting at Rs 17.9, up 4.68% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 0.37% on the day, quoting at 17583.65. The Sensex is at 58988.02, up 0.45%. Punjab & Sind Bank has gained around 3.77% in last one month.

 

Meanwhile, Nifty PSU Bank index of which Punjab & Sind Bank is a constituent, has gained around 7.8% in last one month and is currently quoting at 2411, up 3.83% on the day. The volume in the stock stood at 11.48 lakh shares today, compared to the daily average of 3.34 lakh shares in last one month.

The PE of the stock is 0 based on TTM earnings ending June 21.

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First Published: Sep 16 2021 | 1:06 PM IST

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