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Punjab National Bank trades higher on the bourses

26 Nov 2015 Evaluate

Punjab National Bank is currently trading at Rs. 139.95, up by 1.80 points or 1.30% from its previous closing of Rs. 138.15 on the BSE.

The scrip opened at Rs. 138.50 and has touched a high and low of Rs. 140.20 and Rs. 137.05 respectively. So far 590801 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 231.50 on 19-Dec-2014 and a 52 week low of Rs. 123.60 on 04-Sep-2015.

Last one week high and low of the scrip stood at Rs. 141.35 and Rs. 137.00 respectively. The current market cap of the company is Rs. 27362.73 crore.

The promoters holding in the company stood at 62.08% while Institutions and Non-Institutions held 32.67% and 5.25% respectively.

PNB Housing Finance, a subsidiary of Punjab National Bank (PNB), is reportedly planning to raise $75 million from International Finance Corporation (IFC), a member of the World Bank Group. The investment will be done by subscription to a secured fixed/floating rate non-covertible debenture (NCD) issued by the company. These funds will be used to finance construction of green residential buildings that are certified by recognized green building certification standards, including EDGE.

The bank has reported 7.94% rise in its net profit at Rs 621.03 crore for the quarter ended September 30, 2015 as compared to Rs 575.34 crore for the same quarter in the previous year. The bank’s total income has increased by 5.23% to Rs 13701.93 crore for the quarter under review from Rs 13020.46 crore for the corresponding quarter of the previous year.

PNB Housing Finance, a subsidiary of Punjab National Bank (PNB), is planning to raise $75 million from International Finance Corporation (IFC), a member of the World Bank Group. The investment will be done by subscription to a secured fixed/floating rate non-covertible debenture (NCD) issued by the company. These funds will be used to finance construction of green residential buildings that are certified by recognized green building certification standards, including EDGE.

The bank has reported 7.94% rise in its net profit at Rs 621.03 crore for the quarter ended September 30, 2015 as compared to Rs 575.34 crore for the same quarter in the previous year. The bank’s total income has increased by 5.23% to Rs 13701.93 crore for the quarter under review from Rs 13020.46 crore for the corresponding quarter of the previous year.

 

PNB Share Price

114.50 1.00 (0.88%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
SBI 1080.35
PNB 114.50
Canara Bank 142.35
Bank Of Baroda 280.00
Union Bank Of India 188.90
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