Punjab National Bank soars 5.37%, rises for third straight session

25 Aug 2022 , 01:05 PM

Punjab National Bank is up for a third straight session in a row. The stock is quoting at Rs 35.35, up 5.37% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.61% on the day, quoting at 17712.85. The Sensex is at 59427.21, up 0.58%. Punjab National Bank has added around 11.87% in last one month. Meanwhile, Nifty Bank index of which Punjab National Bank is a constituent, has added around 8.38% in last one month and is currently quoting at 39038.5, up 1.08% on the day. The volume in the stock stood at 541.85 lakh shares today, compared to the daily average of 320.54 lakh shares in last one month. The benchmark August futures contract for the stock is quoting at Rs 35.4, up 5.36% on the day. Punjab National Bank is down 1.26% in last one year as compared to a 6.47% gain in NIFTY and a 10.79% gain in the Nifty Bank index.The PE of the stock is 13.45 based on TTM earnings ending June 22.Powered by Capital Market – Live News