This PSU bank shares gain over 6% after highest-ever quarterly profit - Buy, sell or hold? Check targets by brokerages
PNB Share Price Target: Shares of Punjab National Bank (PNB) gained over 6 per cent in the early trade on Monday as equity benchmark indices Sensex and Nifty opened at a record high. The Sensex was up 381.79 points or 0.47 per cent at 81,714.51, and the Nifty was up 126.70 points or 0.51 per cent at 24,961.50.
PNB Share Price Today NSE, BSE
PNB Share Price Today: The counter opened at Rs 125.15 and gained further to touch the high of Rs 128, a gain of around 6.7 per cent from the previous close of Rs 119.90 on the BSE.
PNB Share Price Target: Strong Quarterly Results
PNB Share Price Target: The shares of Punjab National Bank (PNB) have gained after the PSU bank reported its highest-ever quarterly standalone profit at Rs 3,252 crore in April-June FY25.
PNB Share Price Target: Highest-ever net profit
PNB Share Price Target: This is the highest ever quarterly profit recorded by the bank on account of improvement in various parameters, including net interest income, recovery and CASA, Managing Director Atul Kumar Goel said.
PNB Share Price Target: Brokerages Bullish
Several brokerages are bullish on this stock after Q1 Results and raised their targets. Check details here.
PNB Share Price Target: Jefferies
PNB Share Price Target: The brokerage firm has maintained a 'buy' call and has raised the target to 150 from 145.
PNB Share Price Target: JP Morgan
PNB Share Price Target: Maintain neutral, target raised to Rs 130 from Rs 110.
PNB Share Price Target: Citi
PNB Share Price Target: Maintain sell. The target raised to Rs 105 from Rs 95.
PNB Share Price history: 105% return in one year
PNB Share Price history: The shares of PNB have given a solid return of 105 per cent in one year and 306 per cent in two years.