Punjab National Bank is currently trading at Rs. 61.30, up by 0.05 points or 0.08% from its previous closing of Rs. 61.25 on the BSE.
The scrip opened at Rs. 61.40 and has touched a high and low of Rs. 61.55 and Rs. 60.80 respectively. So far 254435 shares were traded on the counter.
The BSE group ‘A’ stock of face value Rs. 2 has touched a 52 week high of Rs. 99.90 on 01-Apr-2019 and a 52 week low of Rs. 58.65 on 01-Oct-2018.
Last one week high and low of the scrip stood at Rs. 62.40 and Rs. 58.75 respectively. The current market cap of the company is Rs. 28245.83 crore.
The promoters holding in the company stood at 75.41%, while Institutions and Non-Institutions held 16.00% and 8.60% respectively.
Punjab National Bank (PNB) has put up for sale nearly a dozen non-performing assets (NPA) to recover dues of more than Rs 1,234 crore. The accounts include Visa Steel, which has irrecoverable dues of Rs 441.83 crore, IndBarath Energy (Utkal) Rs 414.23 crore, Aster Rs 113.57 crore and Om Shiv Estates Rs 100.16 crore. The sale is on 100 percent cash basis.
PNB is one of the oldest banks in India having a virtual presence in every important center of the country. The Bank caters to a wide variety of audience through spectrum of services including corporate and personal banking, industrial finance, agricultural finance and international finance.