Meanwhile, the BSE Sensex was down 91.94 points, or 0.56%, to 16404.11.
On BSE, 28,717 shares were traded in the counter as against an average daily volume of 85,135 shares in the past one quarter.
The stock hit a high of Rs 887.10 and a low of Rs 865 so far during the day. The stock had hit a 52-week high of Rs 960 on 11 January 2010 and a 52-week low of Rs 286.20 on 6 March 2009.
The stock had outperformed the market over the past one month till 3 February 2010, falling 2.10% compared with the Sensex's 5.55% fall. It underperformed the market in past one quarter, gaining 6.16% as against 7.08% rise in the Sensex.
The large-cap state-run bank has an equity capital of Rs 315.30 crore. Face value per share is Rs 10.
The current price of Rs 873.45 discounts the company's Q3 December 2009 annualised EPS of Rs 128.30, by a PE multiple of 6.80.
Punjab National Bank (PNB)'s net profit rose 0.5% to Rs 1011.31 crore on a flat operating income of Rs 6236.55 crore in Q3 December 2009 over Q3 December 2008.
The state-run bank provides treasury and banking operations. The activities include accepting deposits, lending loans and to provide other financial related services.
The Government of India holds 57.80% stake in the bank (end December 2009).