PNB

PUNJAB NATIONAL BANK

Large Cap BSE: 532461 NSE: PNB
₹55.15
1.15 (2.13%)
  • Advice
  • Hold
As on 05 December, 2022 | 17:52

Punjab National Bank Performance

Day Range

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52 Week Range

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  • High
  • Open Price
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  • Volume

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Punjab National Bank Share Price

Punjab National Bank Share Returns

  • Over 1 Month 40.38%
  • Over 3 Month 56.31%
  • Over 6 Month 72.19%
  • Over 1 Year 43.12%

Punjab National Bank Key Statistics

P/E Ratio 25.7
PEG Ratio -0.7
Market Cap Cr 60,726
Price to Book Ratio 0.7
EPS 3.1
Dividend 1.2
Relative Strength Index 76.97
Money Flow Index 80.21
MACD Signal 2.92
Average True Range 1.92

Punjab National Bank Investment Rating

  • Master Rating:
  • Punjab National Bank has an operating revenue of Rs. 88,443.11 Cr. on a trailing 12-month basis. An annual revenue de-growth of -7% needs improvement, Pre-tax margin of 5% is okay, ROE of 4% is fair but needs improvement. The stock from a technical standpoint is comfortably placed above its key moving averages, around 28% and 50% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around 20% from the pivot point (which is extended from the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 12 which is a POOR score indicating inconsistency in earnings, a RS Rating of 85 which is GOOD indicating the outperformance as compared to other stocks, Buyer Demand at A+ which is evident from recent demand for the stock, Group Rank of 41 indicates it belongs to a fair industry group of Banks-Money Center and a Master Score of C is fair but needs to improve. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock is lagging behind in earnings parameter, but excellent technical strength makes it a stock to examine in more detail.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Punjab National Bank Financials
IndicatorSep 2022Jun 2022Mar 2022Dec 2021Sep 2021Jun 2021Mar 2021
Oper Rev Qtr Cr 20,15418,75718,64519,32517,98018,92118,790
Operating Expenses Qtr Cr 5,5514,7014,4895,4285,6144,7225,045
Operating Profit Qtr Cr 2,7202,8422,8152,3767392,5051,892
Depreciation Qtr Cr 0000000
Interest Qtr Cr 11,88311,21411,34111,52211,62811,69411,852
Tax Qtr Cr 250281212596-345397362
Net Profit Qtr Cr 4113082021,1271,1051,023586

Punjab National Bank Technicals

EMA & SMA

Current Price
55.1
1.1 (2.04%)
  • Bullish Moving Average
  • ___
  • 0
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • 48.53
  • 50 Day
  • 43.84
  • 100 Day
  • 40.27
  • 200 Day
  • 38.14
  • 20 Day
  • 47.73
  • 50 Day
  • 42.16
  • 100 Day
  • 38.27
  • 200 Day
  • 35.88

Punjab National Bank Resistance and Support

PIVOT
₹53.67
Resistance
First Resistance 54.59
Second Resistance 55.17
Third Resistance 56.09
RSI 75.05
MFI 77.62
MACD Single Line 2.92
MACD 3.36
Support
First Resistance 53.09
Second Resistance 52.17
Third Resistance 51.59

Punjab National Bank Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 101,063,295 2,729,719,598 27.01
Week 108,284,707 2,872,793,282 26.53
1 Month 134,969,548 3,536,202,149 26.2
6 Month 62,415,249 1,595,957,921 25.57

Punjab National Bank Result Highlights

Punjab National Bank Synopsis

NSE-Banks-Money Center

Punjab National Bank is a Public Limited Listed company incorporated on 19/07/1969 and registered in the State of New Delhi, India. Company presently involved in the business activities of Banking Business.
Market Cap 60,781
Sales 87,416
Shares in Float 297.30
No of funds 214
Yield 1.19
Book Value 0.67
U/D Vol ratio 2
LTDebt / Equity 48
Alpha 0.12
Beta 1.39

Punjab National Bank

Owner NameSep-22Jun-22Mar-22Dec-21
Promoters 73.15%73.15%73.15%
Mutual Funds 3.56%2.73%2.87%
Insurance Companies 8.69%8.69%8.69%
Foreign Portfolio Investors 1.22%0.99%1.36%
Financial Institutions/ Banks 0.03%0.03%0.03%
Individual Investors 11.43%12.67%12%
Others 1.92%1.74%1.9%

Punjab National Bank Management

Name Designation
Mr. Atul Kumar Goel Managing Director & CEO
Mr. Kalyan Kumar Executive Director
Mr. Swarup Kumar Saha Executive Director
Mr. Sanjay Kumar Executive Director
Mr. Vijay Dube Executive Director
Mr. Pankaj Joshi Part Time Non Official Director
Mr. Sanjeev Kumar Singhal Part Time Non Official Director
Mr. Gautam Guha Shareholder Director
Dr. Rekha Jain Shareholder Director
Mr. Pankaj Sharma Government Nominee Director
Mr. Anil Kumar Misra Nominee Director

Punjab National Bank Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Punjab National Bank Corporate Action

Date Purpose Remarks
2022-11-01 Quarterly Results
2022-07-28 Quarterly Results
2022-05-11 Audited Results & Dividend
2022-03-29 Others Inter alia, for considering the proposal for raising of capital through issuance of Basel-III Compliant Additional Tier-1 Bonds and/or Tier-2 Bonds or combination thereof. alia, to consider and approve Qualified Institutions Placement of Equity Shares of Face Value of Rs.2 each (the "Equity Shares")
2022-01-27 Quarterly Results

Punjab National Bank MF Shareholding

Name Amount(cr)
HDFC Balanced Advantage Fund Growth 49709
Kotak Equity Arbitrage Fund Growth 22082
Kotak Balanced Advantage Fund Regular Growth 14553
SBI Magnum Long Term Equity Scheme Regular Payout of Income Distribution cum capital wdrl 11600
ICICI Prudential Equity Arbitrage Fund Regular Growth 10891

About Company

In 1894, Punjab National Bank (PNB) is one of the oldest banks of India, with its headquarters in Lahore. The founder of this bank was Dyal Singh Majithia, who also served as the first chairman of the bank. It is one of India's largest banks, with over 10,528 domestic branches, and 2 International branches along with overseas offices in Colombo, Yangon, Dhaka, Dubai and London. The bank provides all major banking products like current accounts, savings accounts, term deposits and money market instruments to its customers.

Business Verticals

The bank has evolved into a leading universal banking institution catering to customer needs across segments by adopting best practices and embracing technology in all its business processes. The bank offers a wide range of products and services to suit varied customer needs. 

PNB is India’s first bank to have been started solely with Indian capital. They provide a wide range of banking services, including internet banking, ATMs, credit cards, debit cards, mobile banking, NEFT/RTGS. PNB is one of only two banks in India with a network of over 10,000 branches, and over 13,506 automated teller machines (ATMs) spread across more than 675 cities/towns/villages. Over 50% of its branch network is situated outside major metropolitan areas.

Milestones

1894 - PNB was established in Lahore.

1895 - PNB began operations on Ganpatrai Road in Lahore.

1904 - PNB opened branches in Karachi and Peshawar.

1939 - PNB acquired Bhagwan Dass Bank Limited.

1947 - When India and Pakistan were divided after independence, PNB lost its Lahore headquarters but continued to operate in Pakistan. To save itself, PNB merged with Indo-Commercial Bank Limited (founded in 1933).

1961 - PNB acquired Universal Bank of India.

1963 - the PNB branch in Rangoon (Yangon) was nationalized by the Government of Burma.

1965 - Following the Indo-Pak war, the Pakistani government seized all Indian bank offices in Pakistan, including PNB's head office, which may have relocated to Karachi. East Pakistan also had PNB branches (Bangladesh).

1969 - PNB and 13 other major banks were nationalized by The Government of India.

1978 - PNB opened a branch in London.

1986 - Following a fraud scandal, the Reserve Bank of India required PNB to transfer its London branch to the State Bank of India.

1988 - PNB rescued Hindustan Commercial Bank Limited through acquisition.

1993 - PNB acquired the New Bank of India, which had been nationalised by the Government of India in 1980

1998 - PNB established a representative office in Almaty, Kazakhstan.

2003 - PNB acquired Nedungadi Bank (founded in 1899), Kerala's oldest private sector bank. 
 

Punjab National Bank FAQs

What is Share Price of Punjab National Bank ?

Punjab National Bank share price is ₹55 As on 05 December, 2022 | 17:38

What is the Market Cap of Punjab National Bank ?

The Market Cap of Punjab National Bank is ₹60725.8 Cr As on 05 December, 2022 | 17:38

What is the P/E ratio of Punjab National Bank ?

The P/E ratio of Punjab National Bank is 25.7 As on 05 December, 2022 | 17:38

What is the PB ratio of Punjab National Bank ?

The PB ratio of Punjab National Bank is 0.7 As on 05 December, 2022 | 17:38

What was the company's most recent reported net income?

Punjab National Bank recorded a total interest income of 74,879 crores most recently.

What is the future of the company's shares?

Punjab National Bank stock is a good option for long-term investment since Punjab National Bank outperformed its peers across the boards, including growth, asset quality, and margins.
 

How to buy shares of Punjab National Bank?

The company's shares can be bought online or offline by opening a Demat account with 5Paisa and verifying the KYC documents.

Q2FY23