Punjab National Bank is currently trading at Rs. 31.65, up by 1.40 points or 4.63% from its previous closing of Rs. 30.25 on the BSE.
The scrip opened at Rs. 30.15 and has touched a high and low of Rs. 32.65 and Rs. 29.90 respectively. So far 4563605 shares were traded on the counter.
The BSE group ‘A’ stock of face value Rs. 2 has touched a 52 week high of Rs. 83.35 on 05-Jun-2019 and a 52 week low of Rs. 26.30 on 20-May-2020.
Last one week high and low of the scrip stood at Rs. 32.65 and Rs. 26.35 respectively. The current market cap of the company is Rs. 29737.59 crore.
The promoters holding in the company stood at 83.19%, while Institutions and Non-Institutions held 10.00% and 6.80% respectively.
Moody’s Investor Service has affirmed Punjab National Bank’s (PNB) long-term local and foreign currency deposit ratings at Ba1 and its Baseline Credit Assessment (BCA) at b1. The rating outlook has been changed to stable from positive.
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.