Punjab & Sind is currently trading at Rs. 13.65, down by 0.30 points or 2.15% from its previous closing of Rs. 13.95 on the BSE.
The scrip opened at Rs. 13.95 and has touched a high and low of Rs. 14.20 and Rs. 13.55 respectively. So far 34633 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 26.65 on 07-Aug-2019 and a 52 week low of Rs. 9.20 on 23-Mar-2020.
Last one week high and low of the scrip stood at Rs. 14.45 and Rs. 13.50 respectively. The current market cap of the company is Rs. 963.95 crore.
The promoters holding in the company stood at 83.06%, while Institutions and Non-Institutions held 6.83% and 10.10% respectively.
Punjab & Sind Bank has reported fraud of Rs 112.42 crore in two NPA accounts of Maha Associated Hotels and Edyar Zinc. The bank has reported the fraud to the Reserve Bank of India and is in the process of filing complaints with the Central Bureau of Investigation. At present, the case of Maha Associated Hotels is pending at NCLT.
Punjab & Sind Bank’s primary business is taking deposits, and making advances and investments, and is principally divided into retail banking, corporate banking, priority sector banking, treasury operations and other banking services such as agency functions for insurance, distribution of mutual funds and pension and tax collection services.