Punjab National is currently trading at Rs. 72.91, up by 3.10 points or 4.44% from its previous closing of Rs. 69.81 on the BSE.
The scrip opened at Rs. 71.93 and has touched a high and low of Rs. 74.12 and Rs. 70.92 respectively. So far 3723749 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 83.45 on 03-Oct-2023 and a 52 week low of Rs. 38.95 on 03-Nov-2022.
Last one week high and low of the scrip stood at Rs. 74.12 and Rs. 67.34 respectively. The current market cap of the company is Rs. 80402.44 crore.
The promoters holding in the company stood at 73.15%, while Institutions and Non-Institutions held 16.45% and 10.40% respectively.
Punjab National Bank has reported over 4-fold jump in its net profit at Rs 1756.13 crore for second quarter ended September 30, 2023 (Q2FY24) as compared to Rs 411.27 crore for the same quarter in the previous year. Total income of the bank increased by 27.75% at Rs 29383.20 crore for Q2FY24 as compared Rs 23001.26 crore for the corresponding quarter previous year.
On consolidated basis, the bank has reported over 4-fold jump in its net profit at Rs 1764.54 crore for the quarter under review as compared to Rs 363.72 crore for the same quarter in the previous year. Total income of the bank increased by 28.19% at Rs 29857.05 crore for Q2FY24 as compared Rs 23291.70 crore for the corresponding quarter previous year.