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Punjab & Sind Bank declines on reporting 78% fall in Q2 net profit

15 Nov 2017 Evaluate

Punjab & Sind Bank is currently trading at Rs. 49.50, down by 0.60 points or 1.20% from its previous closing of Rs. 50.10 on the BSE.

The scrip opened at Rs. 50.00 and has touched a high and low of Rs. 50.00 and Rs. 49.10 respectively. So far 1580 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 72.30 on 05-May-2017 and a 52 week low of Rs. 44.45 on 05-Oct-2017.

Last one week high and low of the scrip stood at Rs. 53.10 and Rs. 49.00 respectively. The current market cap of the company is Rs. 1994.05 crore.

The promoters holding in the Bank stood at 79.62%, while Institutions and Non-Institutions held 12.48% and 7.90% respectively.

The Bank has reported 77.86% fall in its net profit at Rs 13.70 crore for second quarter ended September 30, 2017 as compared to Rs 61.89 crore for the same quarter in the previous year. Total income of the Bank decreased marginally by 1.68% at Rs 2166.64 crore for Q2FY18 as compared Rs 2203.74 crore for the corresponding quarter previous year.

The Bank’s gross NPA for the July-September quarter of the current fiscal increased to 11.25%, as compared to 8.63% in the same quarter of the previous year. Besides, Bank’s Net NPA stood at 7.72% in Q2FY18. 


Punjab & Sind Bank Share Price

25.21 0.00 (0.00%)
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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