PNB

Punjab National Bank Share PricePunjab National Bank

₹86.8
1.35 (1.58%)
As on 07 December, 2023 | 19:47 BSE: 532461 NSE: PNBISIN: INE160A01022

Punjab National Bank Performance

Day Range

  • Low 84.50
  • High 87.20
₹ 86.8

52 Week Range

  • Low 44.40
  • High 87.20
₹ 86.8
  • Open Price85.85
  • Previous Close85.45
  • Volume52407229

Start SIP in Punjab National Bank

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Punjab National Bank Share Price

  • Over 1 Month 13.99%
  • Over 3 Month 30.33%
  • Over 6 Month 65.81%
  • Over 1 Year 56.54%

Punjab National Bank Key Statistics

P/E Ratio 16.2
PEG Ratio 0.1
Market Cap Cr 95,576
Price to Book Ratio 1
EPS 2.3
Dividend 0.7
Relative Strength Index 74.36
Money Flow Index 72.71
MACD Signal 1.67
Average True Range 2.29

Punjab National Bank Investment Rating

  • Master Rating:
  • Punjab National Bank has an operating revenue of Rs. 113,155.92 Cr. on a trailing 12-month basis. An annual revenue growth of 12% is good, Pre-tax margin of 5% is okay, ROE of 3% is fair but needs improvement. The stock from a technical standpoint is comfortably placed above its key moving averages, around 11% and 41% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around 5% from the pivot point (which is the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 98 which is a GREAT score indicating consistency in earnings, a RS Rating of 77 which is FAIR indicating the recent price performance, Buyer Demand at B+ which is evident from recent demand for the stock, Group Rank of 142 indicates it belongs to a poor industry group of Banks-Money Center and a Master Score of B is close to being the best. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Punjab National Bank Financials
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 26,35525,14523,84922,38420,15418,75718,645
Operating Expenses Qtr Cr 6,7356,9707,0536,8015,5514,7014,489
Operating Profit Qtr Cr 6,2165,9685,8665,7165,5675,3795,265
Depreciation Qtr Cr 0000000
Interest Qtr Cr 16,43215,64114,35013,20511,88311,21411,341
Tax Qtr Cr 1,016747877374250281212
Net Profit Qtr Cr 1,7561,2551,159629411308202
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 97,28787,199
Operating Expenses Annual Cr 24,10520,253
Operating Profit Annual in Cr 22,52920,762
Depreciation Cr 897889
Interest Annual Cr 50,65246,185
Tax Annual Cr 1,781859
Net Profit Annual Cr 2,5073,457
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 21,78020,364
Cash from Investing Activity Annual Cr -682-1,107
Cash from Financing Annual Activity Cr 1,3642,041
Net Cash Flow Annual Cr 22,46221,297
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 99,85695,487
Fixed Assets Annual Cr 12,05110,674
Total Non Current Assets Annual Cr 00
Total Current Assets Annual Cr 1,053,784931,964
Total Assets Annual Cr 1,461,8311,314,805
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 9187
ROE Annual % 34
ROCE Annual % 55
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 00
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 26,85825,67324,30522,80820,58819,14419,090
Operating Expenses Qtr Cr 6,7987,0357,1056,8595,6104,7624,547
Operating Profit Qtr Cr 6,2395,9346,3385,7625,5105,3235,307
Depreciation Qtr Cr 0000000
Interest Qtr Cr 16,82016,06414,69013,51312,17211,44311,497
Tax Qtr Cr 1,014768889383263258225
Net Profit Qtr Cr 1,9901,3421,864708497282338
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 99,08588,339
Operating Expenses Annual Cr 24,33620,491
Operating Profit Annual in Cr 22,93221,026
Depreciation Cr 905896
Interest Annual Cr 51,81746,823
Tax Annual Cr 1,792919
Net Profit Annual Cr 3,3483,861
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 22,59219,932
Cash from Investing Activity Annual Cr -732-1,104
Cash from Financing Annual Activity Cr 1,2752,032
Net Cash Flow Annual Cr 23,13520,859
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 102,88197,582
Fixed Assets Annual Cr 12,08410,696
Total Non Current Assets Annual Cr 00
Total Current Assets Annual Cr 1,064,651940,019
Total Assets Annual Cr 1,493,6491,339,301
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 9389
ROE Annual % 44
ROCE Annual % 55
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 00

Punjab National Bank Technicals

EMA & SMA

Current Price
₹86.8
1.35 (1.58%)
pointer
  • Bullish Moving Average
  • ___
  • 16
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • ₹79.95
  • 50 Day
  • ₹76.37
  • 100 Day
  • ₹71.34
  • 200 Day
  • ₹63.99
  • 20 Day
  • ₹79.32
  • 50 Day
  • ₹76.96
  • 100 Day
  • ₹71.00
  • 200 Day
  • ₹60.76

Punjab National Bank Resistance and Support

PIVOT
₹86.17
Resistance
First Resistance 87.83
Second Resistance 88.87
Third Resistance 90.53
RSI 74.36
MFI 72.71
MACD Single Line 1.67
MACD 2.53
Support
First Resistance 85.13
Second Resistance 83.47
Third Resistance 82.43

Punjab National Bank Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 55,909,204 1,444,693,831 25.84
Week 85,023,919 2,662,098,916 31.31
1 Month 48,829,732 1,502,490,845 30.77
6 Month 65,442,697 1,876,896,544 28.68

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 95,741
Sales 110,954
Shares in Float 297.30
No of funds 250
Yield 0.76
Book Value 1.03
U/D Vol ratio 1
LTDebt / Equity 51
Alpha 0.09
Beta 1.97

Punjab National Bank

Owner NameSep-23Jun-23Mar-23Dec-22
Promoters 73.15%73.15%73.15%73.15%
Mutual Funds 4.85%4.68%4.61%4.05%
Insurance Companies 8.91%8.72%8.87%8.87%
Foreign Portfolio Investors 2.65%1.82%1.71%1.71%
Financial Institutions/ Banks 0.03%0.03%0.03%0.03%
Individual Investors 9.07%10.05%10.16%10.39%
Others 1.34%1.55%1.47%1.8%

Punjab National Bank Management

Name Designation
Mr. K G Ananthakrishnan Chairman
Mr. Atul Kumar Goel Managing Director & CEO
Mr. Kalyan Kumar Executive Director
Mr. Vijay Dube Executive Director
Mr. M Paramasivam Executive Director
Mr. Binod Kumar Executive Director
Mr. Gautam Guha Shareholder Director
Dr. Rekha Jain Shareholder Director
Mr. Sanjeev Kumar Singhal Part Time Non Official Director
Mr. Pankaj Joshi Part Time Non Official Director
Mr. Anil Kumar Misra Nominee Director
Mr. Pankaj Sharma Government 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
2023-10-26 Quarterly Results
2023-07-26 Quarterly Results
2023-05-19 Audited Results, Dividend & A.G.M.
2023-01-30 Quarterly Results
2022-11-01 Quarterly Results

Punjab National Bank MF Shareholding

Name Amount(cr)
HDFC Balanced Advantage Fund Growth 63,981
Kotak Equity Arbitrage Fund Growth 28,958
SBI Arbitrage Opportunities Fund Regular Growth 22,370
SBI Contra Fund Regular Payout Inc Dist cum Cap Wdrl 16,667
SBI Long Term Equity Fund Regular Payout of Income Distribution cum capital wdrl 15,774

About Punjab National Bank

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 ₹86 As on 07 December, 2023 | 19:33

What is the Market Cap of Punjab National Bank ?

The Market Cap of Punjab National Bank is ₹95575.6 Cr As on 07 December, 2023 | 19:33

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

The P/E ratio of Punjab National Bank is 16.2 As on 07 December, 2023 | 19:33

What is the PB ratio of Punjab National Bank ?

The PB ratio of Punjab National Bank is 1 As on 07 December, 2023 | 19:33

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