Pnb Shares

PVR Inox, SAIL, PNB may soon enter F&O ban; SRF, Oil India top movers

On Thursday, 5 stocks - Bandhan Bank, Hindustan Copper, L&T Finance, Manappuram Finance and RBL Bank were placed under futures & options ban period on the NSE.

Why is PNB near its 8-month low after slipping 7% in 2 days? Details here

PNB shares have slipped after it announced Rs 109.16 per share as the floor price for the QIP, launched on September 23, that aims to raise Rs 7,500 crore.

SBI, PNB, Bandhan Bank: Trading strategies in bank stocks post Q4 results

Nifty Bank index may rise up to 2.25% once hits a new historic peak, shows technical charts

Buy ICICI Bank, PNB, recommends Vinay Rajani of HDFC Securities

The technical analyst expects the NSE Nifty to face resistance around 17,773, while suggests to hold longs on the Nifty with a stop at 17,200.

PNB shares climb over 3% after Q3 earnings see two-fold jump in profit

Shares of Punjab National Bank (PNB) on Friday gained over 3 per cent after the company reported a two-fold jump in standalone net profit for the third quarter ended December. The stock jumped 3.16 per cent to Rs 42.40 on the BSE. At the NSE, it gained 3.03 per cent to Rs 42.40. Punjab National Bank on Thursday reported a two-fold jump in standalone net profit to Rs 1,126.78 crore for the third quarter ended December, as bad loans marginally declined. The country's second-largest public sector lender had earned a net profit of Rs 506.03 crore in the year-ago period. However, total income during October-December 2021 declined to Rs 22,026.02 crore, as against Rs 23,298.53 crore a year ago, PNB said in a regulatory filing. On the asset quality front, the bank witnessed slight improvement by cutting its gross non-performing assets (NPAs) as a percentage of gross advances to 12.88 per cent from 12.99 per cent by the same period a year ago. In absolute value, gross NPAs stood at Rs .

NARCL boost: Select PSU Banks can rally up to 25%; SBI may hit Rs 500-level

The Finance Minister in Budget 2021-22 announced that the high level of provisioning by public sector banks of their stressed assets calls for measures to clean up the bank books

PNB posts net profit of Rs 586 crore in Q4; NII rises 48%

The bank's gross non-performing assets (NPAs) increased to 14.12 per cent in the March quarter

Punjab National Bank slips 8%, falls below QIP floor price of Rs 37.35

PNB said the committee will meet on Friday to consider and determine the issue price for the equity shares, including a discount, if any, to be allotted to QIBs

PNB rises 3% ahead of Q3 results, nod to raise Rs 1,000 crore via bonds

Among the key monitorables, analysts would watch out for an update on integration and merger of United Bank of India and Oriental Bank of Commerce with PNB.

Fund managers buy 1.7 mn PNB shares in Feb despite 40% slump in price

Most mutual fund managers added shares of fraud-hit Punjab National Bank (PNB) to their portfolios in February amid a 40 per cent slide in the counter. A total of 1.7 million shares of the state-owned banks were added to by equity MFs, data shows.Put together, the number of shares in fund managers' holdings, in the end of February, stood at 233.8 million against 232.1 million in the preceding month of January.Several of the large equity schemes have taken quite a sizeable exposure to the bank in terms of number of shares, data shows.The overall allocation to PNB in terms of assets, however, is marginal to substantially impact the performance of the top schemes, given their huge asset size."We did not expect the free fall to be so fast and so steep. Even we had wanted to liquidate, time was too short but loss on the counter too big to easily digest. It was only when shares cracked below Rs 125 that we started buying," said a fund manager.However, fund managers have their fingers ...

PNB stocks fall 12% on Tuesday as fraud amount rises to nearly $2 billion

The stock dropped 12.11 per cent to end at Rs 98.35 on BSE. During the day, it tumbled 14.11 per cent to Rs 96.10 -- its 52-week low