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PNB

33.3
-0.85 (-2.49%)
Updated 03:29 27/01 IST

PNB Buy or Sell - FrontPage Forums

10 Users have submitted 12 trade ideas of Rs. 1,310,708 for PNB
Disclaimer
92% Bullish
8% Bearish

PNB Buy or Sell - Brokerage Reports

No. of reports in last year
1
No. of analysts
1
Average Consensus Forecast
30
Consensus Potential
-13.83%
See PNB Share Price Targets >>

PNB Ratings

Long term PNB rating by FrontPage users
3.5/5 (2 Ratings)
Find answers to all your questions on live PNB message board: Is PNB buy or sell? Should I buy PNB shares? Why are PNB shares falling? Should I invest in PNB stock?

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PNB Share Price Discussion

N
Reputation: 10,507 • Today 12:31 PM
PNB Housing Finance renews QIP plan, may look to raise around Rs 1,000 crore
The size of the QIP could be in the range of Rs 1000 crore so that PNBs shareholding is maintained around 27%. PNB had earlier announced that it would like to maintain a minimum 26% stake in PNB Housing.
The Economic Times
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Reply

Type
Buy
Instrument
PNB
Entry Price
₹34.05
Price@Trade
₹34.05
Target Price
₹50
Stop Price
₹25
Valid Till
Jan 27, 2022 3:20 AM
Margin
₹3,405 approx for 100 Qty
Status
Active
Like
Reply

Type
Buy
Instrument
PNB FEB21 35 CE
Entry Price
₹1.55
Price@Trade
₹3.15
Target Price
₹5
Stop Price
₹1.1
Valid Till
Jan 27, 2021 3:20 AM
Margin
₹148,800 approx for 96000 Qty
Status
Exited before entry
Like
Reply (1)
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Update
Exited before entry
Price @ Update
₹2.5
E
Reputation: -2,115 • Today 12:21 PM
Like
Reply
R
Reputation: 12,197 • Jan 25 4:45 AM

Type
Buy
Instrument
PNB FEB21 35 CE
Entry Price
₹3.4
Price@Trade
₹3.45
Target Price
₹10
Stop Price
₹3
Valid Till
Feb 25, 2021 3:20 AM
Margin
₹54,400 approx for 16000 Qty
Status
Stoploss Hit
Exit Price
₹2.5
Net P&L
-₹14,400 (-26.47%)
1
Reply (2)
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TrackerBot @trackerbot
Jan 25 7:04 AM

Update
Trade Entered
Entry Price
₹3.4
TrackerBot @trackerbot
Today 3:26 AM

Update
Stoploss Hit
Exit Price
₹2.5
E
Reputation: -2,115 • Jan 25 1:42 AM
Like
Reply
V
Reputation: 7,199 • Jan 22 4:31 AM
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Reply (12)
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vijay jaria @tradeonlevel
Jan 24 2:26 AM
Krishann @krishnanB1wPrLyRv
Jan 24 2:27 AM

Pnb ce Feb expiry
newtradebee @newtradebee
Jan 25 6:03 AM

same here, I have incurred loss of 44% in PNB FEB CE..shld I wait or exit..?
N
Reputation: 10,507 • Jan 22 4:16 AM
PNB raises Rs 495 cr via AT-1 bonds
The bank has issued and allotted Rs 495 crore Additional Tier - 1 (Basel III Compliant) Capital Bonds at a coupon of 8.6 per cent per annum on private placement basis, PNB said in a regulatory filing.
The Economic Times
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N
Reputation: 10,507 • Jan 22 3:21 AM
RBI fails to sell Rs 19,000 crore bonds in weekly auction as traders demanded higher yields
More than half of the size with five-year maturity devolved on bond houses, key players in any government bond primary sale. The central bank cancelled the sale of the rest sum with 10-year maturity, a move aimed at retaining yields in sync with policy benchmarks.
The Economic Times
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Reply
N
Reputation: 10,507 • Jan 22 7:26 AM
IL&FS addresses aggregate debt of Rs 32,000 crore
The total debt of Rs 32,000 addressed comprises of Rs 21,600 crore of debt addressed basis cash balances and nearly Rs 10,300 crore of additional net recovery expected from resolution and restructuring applications filed with the National Company Law Tribunal at Mumbai and NCLAT, the approvals for which are awaited.
The Economic Times
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Reply
V
Reputation: -5,688 • Jan 22 5:27 AM

Type
Buy
Instrument
PNB FEB21 40 CE
Entry Price
₹2.35
Price@Trade
₹2.35
Target Price
₹6
Stop Price
₹0.05
Valid Till
Feb 25, 2021 3:20 AM
Margin
₹37,600 approx for 16000 Qty
Status
Active
Educational
Like
Reply
V
Reputation: -4,667 • Jan 22 4:54 AM

Sold #PNB options - PNB21JAN40CE at 0.20
Like
Reply
P
Reputation: 322 • Jan 21 8:38 AM

Type
Buy
Instrument
PNB FEB21 40 CE
Entry Price
₹2.65
Price@Trade
₹2.65
Target Price
₹10
Stop Price
₹0
Valid Till
Feb 25, 2021 3:20 AM
Margin
₹42,400 approx for 16000 Qty
Status
Exited
Exit Price
₹2.85
Net P&L
+₹3,200 (+7.55%)
1
Reply (1)
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Prawinr @prawinr
Jan 21 8:45 AM

Update
Exited
Exit Price
₹2.85
Net P&L
+₹3,200 (+7.55%)
J
Reputation: 4,600 • Jan 21 5:57 AM

Type
Buy
Instrument
PNB FEB21 37 CE
Entry Price
₹4.25
Price@Trade
₹4.3
Target Price
₹8
Stop Price
₹2
Valid Till
Feb 25, 2021 3:20 AM
Margin
₹68,000 approx for 16000 Qty
Status
Stoploss Hit
Exit Price
₹2
Net P&L
-₹36,000 (-52.94%)
Like
Reply (2)
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TrackerBot @trackerbot
Jan 21 6:08 AM

Update
Trade Entered
Entry Price
₹4.25
TrackerBot @trackerbot
Jan 25 3:18 AM

Update
Stoploss Hit
Exit Price
₹2

Bought more #PNB Avg Price 36.86
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Reply

Bought #PNB at 36.90
1
Reply
N
Reputation: 10,507 • Jan 20 10:08 AM
Govt Raises Authorised Capital Of Punjab & Sind Bank To Rs 10,000 Crore
Last year, the government had approved capital infusion of Rs 5,500 crore into the bank through preferential allotment of shares.
Moneycontrol
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Reply

Type
Buy
Instrument
PNB JAN21 40 CE
Entry Price
₹0.9
Price@Trade
₹0.9
Target Price
₹3
Stop Price
₹0.1
Valid Till
Jan 28, 2021 3:20 AM
Margin
₹14,400 approx for 16000 Qty
Status
Exited
Exit Price
₹0.25
Net P&L
-₹10,400 (-72.22%)
Like
Reply (1)
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Update
Exited
Exit Price
₹0.25
Net P&L
-₹10,400 (-72.22%)

Type
Sell
Instrument
PNB JAN21 FUT
Entry Price
₹37.15
Price@Trade
₹37.15
Target Price
₹36.25
Stop Price
₹37.9
Valid Till
Jan 20, 2021 3:20 AM  Jan 21, 2021 3:20 AM
Margin
₹242,090 approx for 16000 Qty
Status
Exited
Exit Price
₹36.95
Net P&L
+₹3,200 (+1.32%)
1
Reply (2)
See all replies
Chaitu @chaitu-ryyR--C3v
Jan 20 8:31 AM

Update
Time Extended
Price @ Update
₹37.25
Original Time
Jan 20, 2021 3:20 AM
New Time
Jan 21, 2021 3:20 AM
Chaitu @chaitu-ryyR--C3v
Jan 21 3:17 AM

Update
Exited
Exit Price
₹36.95
Net P&L
+₹3,200 (+1.32%)

Type
Sell
Instrument
PNB JAN21 FUT
Entry Price
₹37.1
Price@Trade
₹37.1
Target Price
₹36.25
Stop Price
₹37.9
Valid Till
Jan 20, 2021 3:20 AM  Jan 21, 2021 3:20 AM
Margin
₹242,020 approx for 16000 Qty
Status
Exited
Exit Price
₹37
Net P&L
+₹1,600 (+0.66%)
1
Reply (2)
See all replies
Chaitu @chaitu-ryyR--C3v
Jan 20 8:39 AM

Update
Time Extended
Price @ Update
₹37.2
Original Time
Jan 20, 2021 3:20 AM
New Time
Jan 21, 2021 3:20 AM
Chaitu @chaitu-ryyR--C3v
Jan 21 3:17 AM

Update
Exited
Exit Price
₹37
Net P&L
+₹1,600 (+0.66%)
D
Reputation: -26,425 • Jan 20 7:57 AM

Type
Buy
Instrument
PNB FEB21 40 CE
Entry Price
₹3.25
Price@Trade
₹3.25
Target Price
₹6
Stop Price
₹1.5
Valid Till
Feb 25, 2021 3:20 AM
Margin
₹520,000 approx for 160000 Qty
Status
Stoploss Hit
Exit Price
₹1.5
Net P&L
-₹280,000 (-53.85%)
Like
Reply (1)
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TrackerBot @trackerbot
Jan 25 2:49 AM

Update
Stoploss Hit
Exit Price
₹1.5
T
Reputation: -2,204 • Jan 20 7:51 AM

Type
Buy
Instrument
PNB JAN21 35 CE
Entry Price
₹3.1
Price@Trade
₹3.1
Target Price
₹5.25
Stop Price
₹2
Valid Till
Jan 28, 2021 3:20 AM
Margin
₹49,600 approx for 16000 Qty
Status
Stoploss Hit
Exit Price
₹2
Net P&L
-₹17,600 (-35.48%)
Like
Reply (1)
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TrackerBot @trackerbot
Jan 21 8:04 AM

Update
Stoploss Hit
Exit Price
₹2

Type
Buy
Instrument
PNB JAN21 FUT
Entry Price
₹37.3
Price@Trade
₹37.3
Target Price
₹38.5
Stop Price
₹36.35
Valid Till
Jan 20, 2021 3:20 AM
Margin
₹242,210 approx for 16000 Qty
Status
Exited
Exit Price
₹37.3
Net P&L
₹0 (0%)
1
Reply (1)
See all replies
Chaitu @chaitu-ryyR--C3v
Jan 20 8:03 AM

Update
Exited
Exit Price
₹37.3
Net P&L
₹0 (0%)
ADPI Helpdesk in PNB
*** PNB *** CASH STOCK LOVER CASH ( PNB ) @36...

I TOLD YOU FOR PNB
1.15 TO 1.50 NOW ( 6,600+ PROFIT RUNNING )

Like
Reply

Type
Buy
Instrument
PNB JAN21 35 CE
Entry Price
₹2.55
Price@Trade
₹2.55
Target Price
₹5
Stop Price
₹1.8
Valid Till
Jan 28, 2021 3:20 AM
Margin
₹40,800 approx for 16000 Qty
Status
Exited
Exit Price
₹3.1
Net P&L
+₹8,800 (+21.57%)
Like
Reply (1)
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Chirag Sharma @chiragsharma
Jan 20 7:47 AM

Update
Exited
Exit Price
₹3.1
Net P&L
+₹8,800 (+21.57%)

*** PNB ***

CASH STOCK LOVER

CASH ( PNB ) @36-36.50
TGT : 45/50/60/80+
______________________
FUTURE LOVER -
FUT PNB @36-36.50
TGT : 45/50/60/80+
_____________________
PNB STOCK OPTION
PNB 38 CE @1-1.20
TGT: 2/4/10/20+
____________________
SOON BIG INVESTMENT WILL COME.
ME & M...
Read more...
1
Reply

Type
Sell
Instrument
PNB JAN21 30 CE
Entry Price
₹6.1
Price@Trade
₹6.1
Target Price
₹1
Stop Price
₹8
Valid Till
Jan 28, 2021 3:20 AM
Margin
₹324,488 approx for 16000 Qty
Status
Active
Like
Reply

Type
Buy
Instrument
PNB JAN21 FUT
Entry Price
₹36.35
Price@Trade
₹36.35
Target Price
₹38
Stop Price
₹36
Valid Till
Jan 28, 2021 3:20 AM
Margin
₹227,912 approx for 16000 Qty
Status
Stoploss Hit
Exit Price
₹36
Net P&L
-₹5,600 (-2.46%)
Like
Reply (1)
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TrackerBot @trackerbot
Jan 19 7:04 AM

Update
Stoploss Hit
Exit Price
₹36
N
Reputation: 10,507 • Jan 19 4:21 AM
Sell Punjab National Bank, target price Rs 31: Kotak Securities
Punjab National Bank, incorporated in the year 1969, is a banking company (having a market cap of Rs 37667.27 Crore).
The Economic Times
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Like
Reply
Like
Reply

Bought #PNB Avg Price 35.60
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Reply
S
Reputation: -1,732 • Jan 18 7:47 AM

Type
Buy
Instrument
PNB JAN21 FUT
Entry Price
₹36
Price@Trade
₹36
Target Price
₹50
Stop Price
₹30
Valid Till
Jan 28, 2021 3:20 AM
Margin
₹676,800 approx for 48000 Qty
Status
Exited
Exit Price
₹36.25
Net P&L
+₹12,000 (+1.77%)
Like
Reply (1)
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sellerrr @SANJUUU27
Jan 19 5:20 AM

Update
Exited
Exit Price
₹36.25
Net P&L
+₹12,000 (+1.77%)
Like
Reply

Bought #PNB at 35.90
Like
Reply
S
Reputation: -1,732 • Jan 18 7:37 AM

Type
Buy
Instrument
PNB JAN21 FUT
Entry Price
₹36
Price@Trade
₹36
Target Price
₹50
Stop Price
₹30
Valid Till
Jan 28, 2021 3:20 AM
Margin
₹676,800 approx for 48000 Qty
Status
Exited
Exit Price
₹36.15
Net P&L
+₹7,200 (+1.06%)
Like
Reply (1)
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sellerrr @SANJUUU27
Jan 18 7:45 AM

Update
Exited
Exit Price
₹36.15
Net P&L
+₹7,200 (+1.06%)
N
Reputation: 9,364 • Jan 18 7:36 AM

Type
Buy
Instrument
PNB JAN21 FUT
Entry Price
₹35.9
Price@Trade
₹35.9
Target Price
₹40
Stop Price
₹35
Valid Till
Jan 28, 2021 3:20 AM
Margin
₹225,488 approx for 16000 Qty
Status
Stoploss Hit
Exit Price
₹35
Net P&L
-₹14,400 (-6.39%)
Like
Reply (1)
See all replies
TrackerBot @trackerbot
Jan 22 4:38 AM

Update
Stoploss Hit
Exit Price
₹35

Bought more #PNB Avg Price 35.45
Like
Reply

Sold partially #PNB Avg Price 35.45
Like
Reply

Bought #PNB at 35.45
Like
Reply

Type
Sell
Instrument
PNB
Entry Price
₹35.4
Price@Trade
₹35.4
Target Price
₹31
Stop Price
₹37  ₹36.4
Valid Till
Jan 19, 2021 3:20 AM
Margin
₹35.4 approx for 1 Qty
Status
Exited
Exit Price
₹36
Net P&L
-₹0.6 (-1.69%)
Like
Reply (2)
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FUTURE STOCKS EXPERT @magan
Jan 18 6:31 AM

Update
Stoploss Trailed
Price @ Update
₹35.4
Original SL
₹37
New SL
36.4
FUTURE STOCKS EXPERT @magan
Jan 19 3:59 AM

Update
Exited
Exit Price
₹36
Net P&L
-₹0.6 (-1.69%)
H
Reputation: 1,848 • Jan 18 4:40 AM

Type
Buy
Instrument
PNB JAN21 35 CE
Entry Price
₹2.1
Price@Trade
₹2.1
Target Price
₹4
Stop Price
₹1.9
Valid Till
Jan 18, 2021 3:20 AM
Margin
₹33,600 approx for 16000 Qty
Status
Exited
Exit Price
₹2.1
Net P&L
₹0 (0%)
Like
Reply (1)
See all replies
Hukam Singh @hukamsingh
Jan 18 4:55 AM

Update
Exited
Exit Price
₹2.1
Net P&L
₹0 (0%)
H
Reputation: 1,848 • Jan 18 4:30 AM

Type
Sell
Instrument
PNB JAN21 35 CE
Entry Price
₹2
Price@Trade
₹2
Target Price
₹0.5
Stop Price
₹2.6
Valid Till
Jan 18, 2021 3:20 AM
Margin
₹253,032 approx for 16000 Qty
Status
Exited
Exit Price
₹2.1
Net P&L
-₹1,600 (-0.63%)
Like
Reply (1)
See all replies
Hukam Singh @hukamsingh
Jan 18 4:39 AM

Update
Exited
Exit Price
₹2.1
Net P&L
-₹1,600 (-0.63%)
J
Reputation: 436 • Jan 18 2:56 AM

Type
Buy
Instrument
PNB JAN21 37 CE
Entry Price
₹1.8
Price@Trade
₹1.95
Target Price
₹3.6
Stop Price
₹0
Valid Till
Jan 18, 2021 3:20 AM
Margin
₹28,800 approx for 16000 Qty
Status
Exited
Exit Price
₹1.65
Net P&L
-₹2,400 (-8.33%)
Like
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TrackerBot @trackerbot
Jan 18 3:01 AM

Update
Trade Entered
Entry Price
₹1.8
Jaggu @jaggu-ByGP8kqBw
Jan 18 3:07 AM

Update
Exited
Exit Price
₹1.65
Net P&L
-₹2,400 (-8.33%)
Like
Reply
N
Reputation: 10,507 • Jan 18 1:16 AM
Money market swings dilute the promise of an easy policy
Furthermore, the RBI move to take excess funds from banks at a peak yield of 3.55 per cent Friday, 20 basis points above the reverse repo rate, has left bond traders scrambling to figure what the central bank would do next. A basis point is 0.01 percentage point.
The Economic Times
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Reply
N
Reputation: 10,507 • Jan 15 12:06 PM
Singapore-based Investment Opportunities V raises stake in PNB Housing Finance to 9.92%
The foreign portfolio investor held 1.67 crore equity shares in the Indian mortgage lender at the end of December, against 1.38 crore shares held three months back, according to shareholding details filed by PNB Housing Finance to stock exchanges.
The Economic Times
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Reply

Type
Buy
Instrument
PNB JAN21 37 CE
Entry Price
₹2.4
Price@Trade
₹2.55
Target Price
₹6
Stop Price
₹1  ₹2
Valid Till
Jan 22, 2021 3:20 AM
Margin
₹38,400 approx for 16000 Qty
Status
Stoploss Hit
Exit Price
2.0
Net P&L
-₹6,400 (-16.67%)
Like
Reply (3)
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TrackerBot @trackerbot
Jan 15 3:02 AM

Update
Trade Entered
Entry Price
₹2.4
FUTURE STOCKS EXPERT @magan
Jan 15 6:08 AM

Update
Stoploss Trailed
Price @ Update
₹2.1
Original SL
₹1
New SL
2.0
TrackerBot @trackerbot
Jan 15 6:38 AM

Update
Stoploss Hit
Exit Price
2.0
N
Reputation: 10,507 • Jan 14 10:26 AM
NCLT passes order to liquidate dairy firm Kwality
A two-member bench of the Delhi-based NCLT observed that despite extension in the insolvency timeline, the lenders of the Kwality failed to finalise any potential buyer for the company.
The Economic Times
Like
Reply
S
Reputation: -34,655 • Jan 14 6:58 AM

Type
Buy
Instrument
PNB FEB21 FUT
Entry Price
₹37.85
Price@Trade
₹37.85
Target Price
₹60
Stop Price
₹20
Valid Till
Feb 25, 2021 3:20 AM
Margin
₹226,194 approx for 16000 Qty
Status
Active
Like
Reply
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  • PNB - Share Price - Fundamentals

    keyboard_arrow_down
    Market Capitalization26,349.45
    Enterprise Value700,637.42
    Price to Earnings24.29
    Price to Book Value0.7
    Return on Capital Employed0.02
    Return on Equity-0.33
    Face Value2
    Dividend YieldNA
  • PNB - Brokerage Reports

    keyboard_arrow_down
    DateBrokerageCallTarget
    4-Nov-20Prabhudas LilladherHold30
    6-Nov-19Prabhudas LilladherReduce57
    2-Aug-19SharekhanBuy85
    2-Aug-19Nirmal BangBuy73
    31-May-19Nirmal BangAccumulate92
    PNB Brokerage Price Target
  • PNB Share Price - Historical (₹)

    keyboard_arrow_down
    DateOpenHighLowClose
    Jan 2734.134.2533.0533.35
    Jan 253535.133.534.15
    Jan 2235.836.0534.234.55
    Jan 2137.137.435.2535.65
    Jan 2036.7537.336.336.95
  • PNB Share Price - Daily Moving Averages (DMA)

    keyboard_arrow_down
    20 Day Moving Average₹35.27
    30 Day Moving Average₹35.13
    50 Day Moving Average₹34.74
    100 Day Moving Average₹32.23
    200 Day Moving Average₹32.3
  • PNB - Profit And Loss

    keyboard_arrow_down
    CONSOLIDATEDMar-18Mar-17 % Change
    Revenue47,99647,275.990.02
    Operating Profit5,19425,768.02-0.8
    Profit Before Tax-19,5752,011.54-10.73
    Net Income-12,2831,324.8-10.27
  • PNB - Balance Sheet

    keyboard_arrow_down
    CONSOLIDATEDMar-18Mar-17 % Change
    Shareholder's Funds37,39038,096.45-0.02
    Total Liabilities729,450682,726.580.07
    Total Assets766,840720,823.030.06
  • PNB - Cash Flow

    keyboard_arrow_down
    CONSOLIDATEDMar-18Mar-17 % Change
    Cash from Operating Activity1,01212,497.05-0.92
    Cash from Investing Activity-1,288-527.181.44
    Cash from Financing Activity7,407738.699.03
    Net Cash Flow7,13012,708.56-0.44
  • PNB - Ratios

    keyboard_arrow_down
    CONSOLIDATEDMar-18Mar-17
    Return on Assets-0.02NA
    Return on Equity-0.330.03
    Return on Capital Employed0.020.05
  • PNB - 3 year Growth

    keyboard_arrow_down
    3 Year CAGR Growth in Revenue0.04
    3 Year CAGR Growth in Operating Profit-0.82
    3 Year CAGR Growth in EBIDTA-0.59
    3 Year CAGR Growth in Net Income-5.01
    3 Yr CAGR Growth - Diluted EPS-3.69
  • PNB - 5 year Growth

    keyboard_arrow_down
    5 Year CAGR Growth in Revenue0.15
    5 Year CAGR Growth in Operating Profit-0.82
    5 Year CAGR Growth in EBIDTA-0.58
    5 Year CAGR Growth in Net Income-3.59
    3 Yr CAGR Growth - Diluted EPS-1.33
  • PNB - Recent News

    keyboard_arrow_down
    NewsBot
    Today 12:31 PM
    PNB Housing Finance renews QIP plan, may look to raise around Rs 1,000 crore
    The Economic Times
    NewsBot
    Jan 22 4:16 AM
    PNB raises Rs 495 cr via AT-1 bonds
    The Economic Times
    NewsBot
    Jan 22 3:21 AM
    RBI fails to sell Rs 19,000 crore bonds in weekly auction as traders demanded higher yields
    The Economic Times
    NewsBot
    Jan 20 10:08 AM
    Govt Raises Authorised Capital Of Punjab & Sind Bank To Rs 10,000 Crore
    Moneycontrol
    NewsBot
    Jan 19 4:21 AM
    Sell Punjab National Bank, target price Rs 31: Kotak Securities
    The Economic Times
    NewsBot
    Jan 15 12:06 PM
    Singapore-based Investment Opportunities V raises stake in PNB Housing Finance to 9.92%
    The Economic Times
    NewsBot
    Jan 13 1:16 AM
    Choksi plea to pre-screen Netflix series academic exercise, says Delhi High Court
    The Economic Times
    NewsBot
    Jan 13 2:31 AM
    UK High Court refuses to release money for Vijay Mallya
    The Economic Times
    NewsBot
    Jan 9 1:41 AM
    Judgement day for Nirav Modi UK extradition on Feb 25
    The Economic Times
    NewsBot
    Jan 8 4:33 AM
    PNB Scam: Judgment Day In Nirav Modi UK Extradition Case On February 25
    Moneycontrol
  • PNB - Related Communities

    keyboard_arrow_down
    State Bank of India NSE: SBIN | BSE: ...
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  • PNB - More Information

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    Punjab National Bank:
    Punjab National Bank is a well-known bank of India which provides financial services to its clients. The company provides services for almost every sector, be hat household loans or even international commercial loans.
    The company offers insurance services in case of any human-made and a few natural disasters. Further, the company helps in Mobile banking, e-banking, cardless transaction and various passbooks for various accounts.
    As recorded on March 31, 2019, it has a network of 6,989 branches and 9,255 ATMs in India. The company was established in 1895 and is headquartered at Delhi.
    About Company Information:
    Punjab National Bank was initially established at Lahore. It is the first bank to be established completely with Indian capital. In the year of 1969, the bank was nationalized.
    In 1993, they achieved the New Bank of India. In 1996, they designed a schemed which allowed the clients to derive funds from off- country schemes. They also set up an outlet in Kazakhstan. In 2000, they introduced the scheme of providing loans against immovable belonging of property, gold scheme loans and a credit card with collaboration with HSBC. In 2002, the Bank released its first IPO for 5, 30, 60,700 equity shares which reduced the governments holding in the bank. In 2002, they started a branch in Bangalore known as the MCD to provide credit limits to their corporate clients. They made joint ventures with both Infosys and CISCO for their huge investment
    In 2003, the Bank took over NBL. The bank invested in opening outlets in London, USA during this year and collaborated with Vijaya Bank for Life Insurance, Pensions and Asset Management business. They also made a venture with IL and FS for domestic loans.
    In 2004, the Bank attained the assets of Hindustan Transmission Product Ltd. They signed an agreement (ECGC). They signed MoU with Intel, ICICI bank and awarded a project to TCS. Branches were established in Kabul and Shanghai. The collaboration was made with Everest Bank in Nepal. In 2005, the Bank started an ATM at Edappal and a representative office in Dubai.
    In 2006, the Bank tied up MasterCard International for debit cards and Indian Airlines for the booking of tickets. In 2007, the Bank signed an MoU with IIFC. In 2008, PNB started commercial banking in Hong Kong. By 2008-09, collaboration with LÍC and Oriental Insurance occurred. In 2009, they launched their credit cards commercially with two types of credit cards, Gold and Classic. The same year, PNB entered into an agreement with Tata Motors.
    By 2009-10, the Bank established 524 domestic branches and 1400 ATMs. A representative office was established in Bhutan and Norway. They introduced the Corporate Credit Card. In 2009, the Bank introduced a subsidiary company called PNB Investment Services Ltd.in the same year; they signed a conjecture with FIM Bank (Malta), Banca IFIS, Italy and Blend Financial Services Ltd,
    The number of branches rose to 5189 at the end of March 2010. The bank opened a branch in Sydney in the same year. On January 12 2011, PNB bought PFG, Mauritius and U K Paints. On February 15 2011, PNB entered signed the agreement with Weizmann Forex Ltd., Mumbai under MTSS. On April 28 2011, PNB declared the allotment of 15.09 lakh equity share at issue price of Rs.1218.82 per capital share to the Government of India.
    On March 6 2013, PNB announced that it had received a lump-sum capital of Rs.1247.99 crore from the Government of India. The span of 2015 to 2017 saw the selling of stakes of various companies which were in collaboration with PNB. The directors kept in announcing the various deals and the selling of equity shares. This continued up to 2018.
    On February 12 2018, after an investigation, total fraud of Rs.11394.02 crore in case of illegal issuance of Letters of Undertakings, Foreign Letter of Credits and Inland Letter of Guarantees in the accounts of Nirav Modi Group and M/s Gitanjali Group and in the account of M/s. Chandri Paper & Allied Products Pvt. Ltd. The entire matter was reported to RBI. On February 26 2018, PNB reported that the fraud amount could increase by about USD 204.25 million.
    How Punjab National Bank, is categorised as Banks Sector, and Finance Industry :
    The Financial Industry is a section that leads the world in terms of equity market capitalization and earnings. The companies that are in the economic enterprise focus mainly on managing money, as their revenue is generated mostly by the sectors from mortgage and loans that gain value as interest rates rise. Also, this industry's economy is made up of institutions and firms that provide financial services to wholesale and retail customers.
    The main sectors that are into the Financial industry are,
    • Accounting and Bookkeeping.
    • Financial Markets and Planning.
    • Banking and General Financial Services.
    • Mortgage and Financial Broking.
    • Insurance and Superannuation.
    • Specialised Financial Services.
    Punjab National Bank comes under the Banking sector. The banking sector is one of the active areas in India, which makes a significant portion of the growth of a country’s GDP. The banking sector in India is of great importance in Asia and also throughout the World because of its steady performance in the market.
    Punjab National Bank, Competitors and Sector Peers:
    Allahabad Bank ALLABA
    Andhra Bank ANDBAN
    Bank of India BANOFI
    Bank of Maharashtra BANK5
    Canara Bank CANBAN
    Central Bank of India CENTRB
    Corporation Bank CORBAN
    IDBI Bank Ltd. INDDEV
    Indian Bank INDIBA
    Indian Overseas Bank INDOVE
    Oriental Bank of Commerce ORIBAN
    Punjab & Sind Bank PUNSI
    Punjab National Bank PUNNAT
    State Bank Of Bikaner and Jaipur [Merged] STABAN
    State Bank of India STATEB
    State Bank Of Mysore STATE3
    State Bank of Travancore [Merged] STATE6
    Syndicate Bank SYNBAN
    UCO Bank UCOBAN
    Union Bank of India UNIBAN
    United Bank of India UNITBA
SOURCE: Data from D'Market via Quandl. Intraday data delayed 15 minutes.
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