5 Articles
5 Articles
Stock under Rs 100: PNB shares in action as bank's Q4 profit surges 52%
PNB Share Price, PNB Results: Shares of state-owned Punjab National Bank (PNB) gained on Thursday on the back of strong quarterly results announced by it. The counter started the session in green at Rs 95.80 on the BSE against the previous close of Rs 94.25. The counter gained after five consecutive days of fall. However, it dipped amid profit booking and touched the intraday low of Rs 93.40. On the NSE, the stock opened at Rs 95.50, gaining fur…
PNB Share Price Extends Decline, Rs 100 Barrier Limits Upside Traction
Punjab National Bank (NSE:PNB) share price stayed on the downtrend on Thursday as traders booked profit following the bank’s earnings release. The stock traded at Rs 93.00, down by 1.33% at press time. The bank’s announcement of a 145% dividend, failed to change the stock’s trajectory. PNB share price action below the psychological Rs 100 level is likely to exacerbate the bearish sentiment in the near-term. State-owned PNB announced a 51% YoY sp…
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