Punjab National Bank (PNB) is currently trading at Rs. 76.35 up by 1.00 points or 1.33% from its previous closing of Rs. 75.35 on the BSE.
The scrip opened at Rs. 75.50 and has touched a high and low of Rs. 76.40and Rs. 75.05 respectively. So far 295398 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 99.90 on 01-Apr-2019 and a 52 week low of Rs. 58.65 on 01-Oct-2018.
Last one week high and low of the scrip stood at Rs. 77.70 and Rs 74.05 respectively. The current market cap of the company is Rs. 34875.66 crore.
The promoters holding in the company stood at 75.41%, while Institutions and Non-Institutions held 16.51% and 8.09% respectively.
Punjab National Bank (PNB) has been granted permission for raising capital through issuance of Basel III compliant Tier II Bonds amounting up to Rs 1,500 crore in one or more tranches. The Board of Directors of the Bank at its meeting held on June 19, 2019 has approved the same.
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.
