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Punjab National Bank share Price Today

Company details

129.85
133.90
47.90
138.30
6M Return 79.86%
1Y Return 174.15%
Mkt Cap.(Cr) 146,556.62
Volume 37,565,464
Div Yield 0.51%
OI
-
OI Chg %
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Volume 37,565,464

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Punjab National Bank announced Q2FY24 & H1FY24 results:


1. Financial Performance:
- Net profit increased to Rs 1,756 crore during Q2FY24, with YoY growth of 327.14%.
- Operating profit was at Rs 6,216 crore during Q2FY24, which grew by 11.67% on a YoY basis.
- Net interest income increased by 20% YoY to Rs 9,923 crore in Q2FY24.
- The GNPA ratio improved by 352 bps on a YoY basis to 6.96% as of September'23.
- NNPA ratio improved by 233 bps on a YoY basis to 1.47% as of September'23.

2. Business Performance:
- Global Business increased by 11.26% on a YoY basis to Rs 22,51,631 crore as of September'23.
- Global deposits grew by 9.75% on a YoY basis to Rs 13,09,910 crore as of September'23.
- Global Advances grew by 13.43% on a YoY basis to Rs 9,41,721 crore as of September'23.
- Core Retail Advances grew YoY by 16.5% to Rs 1,47,247 crore as of September'23.
- Agriculture Advances grew by 4.49% on a YoY basis to Rs 1,46,598 crore in September'23.

3. Profitability:
- Net profit of the bank for H1FY24 was at Rs 3,012 crore, recording a growth of 318.3% on a YoY basis.
- Operating profit of the bank for H1FY24 was at Rs 12,184 crore, recording a growth of 11.3% on a YoY basis.
- The net interest income of the Bank for H1FY24 was at Rs 19,427 crore, recording a growth of 22.8% on a YoY basis.

4. Asset Quality:
- Gross Non-Performing Assets (GNPA) were at Rs 65,563 crore as of September'23.
- Net Non-Performing Assets (NNPA) were at Rs 13,114 crore as of September'23.
- Provision Coverage Ratio (PCR) Excluding TWO improved by 1,372 bps YoY to 80.0% on September 23.

5. Digital Progress:
The number of Digital Transactions increased to 287 Lakh during H1FY24.
- Internet Banking Services (IBS) users increased to 407 Lakhs as of September 23.
- Mobile Banking Users increased to 442 Lakhs as of September 23.

6. Financial Inclusion:
- PMJDY account increased to 479 lakhs as of September 23.
- Credit to Micro Enterprises exceeded the National Goal of 7.50% and was at 7.67 % of ANBC.

7. Awards and Accolades:
- PNB felicitated with the 'Green Ribbon Champions' award under the category- 'CSR Green Initiative of the Year'.
- PNB was honoured with the 1st Prize in Rajbhasha Kirti for the year 2022-23.
- The Bank was also awarded the Rajbhasha Kirti Second prize for the year 2022-23 for the in-house magazine PNB Pratibha.

 

 

Result PDF

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Punjab National Bank shares SWOT Analysis

Strengths (12)

  • Strong Momentum: Price above short, medium and long term moving averages
  • Company with high TTM EPS Growth
  • Companies with rising net profit margins - quarterly as well as TTM basis

Weakness (3)

  • Red Flag: High Interest Payments Compared to Earnings
  • MFs decreased their shareholding last quarter
  • Inefficient use of capital to generate profits - RoCE declining in the last 2 years

Opportunity (3)

  • Positive Breakout Second Resistance ( LTP > R2)
  • Highest Recovery from 52 Week Low
  • Decrease in Provision in recent results

Threats (1)

  • Increase in NPA in Recent Results

Resistance and support

R1 130.0
R2 131.7
R3 134.1
Pivot

127.62

S1 125.9
S2 123.5
S3 121.8
EMA SMA
129.2
123.4
112.2
95.6
128.2
126.2
110.4
89.6
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
BNP PARIBAS ARBITRAGE Bulk Purchase 2024-02-29 121.42 59387 NSE
BNP PARIBAS ARBITRAGE Bulk Sell 2024-02-29 121.65 73862981 NSE
THE JUPITER GLOBAL FUND-JUPITER INDIA SELECT Block Purchase 2024-02-21 129.5 2658887 BSE
Name Category Shares
Central Government (Through President of India) PROMOTER 73.15%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Punjab National Bank Stocks COMPARISON

Financials( in Cr) Punjab National Bank HDFC Bank Ltd ICICI Bank Ltd State Bank of India Kotak Mahindra Bank Ltd
Price 133.10 1,512.20 1,086.65 766.10 1,809.95
% Change 3.78 -1.25 1.82 2.09 0.97
Mcap Cr 146,556.62 1,148,804.88 762,266.07 683,714.53 359,803.76
Revenue TTM Cr 86,845.29 170,754.05 121,066.81 350,844.58 42,151.06
Net Profit TTM Cr 3,358.78 46,148.70 34,463.03 56,558.43 14,780.44
PE TTM 18.51 19.71 17.65 9.70 20.44
1 Year Return 174.15 -9.22 21.84 41.79 -3.98
ROCE 0.00 0.00 0.00 0.00 0.00
ROE 3.63 17.20 17.66 18.44 14.14
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 102,880.50 Cr FV: 2.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 18,396.48 -4,381.83
LAST 3M 82,644.28 31,619.26
LAST 6M 141,441.37 66,162.53
LAST 12M 215,515.77 196,008.04
Punjab National Bank - Loss of Share Certificates

Apr 19, 2024 l NSE Announcement

Punjab National Bank - Copy of Newspaper Publication

Apr 18, 2024 l NSE Announcement

Punjab National Bank - Copy of Newspaper Publication

Apr 16, 2024 l NSE Announcement

Date Action Type Ratio
Jun 23, 2023 Dividend 32.5
Jun 22, 2022 Dividend 32

Punjab National Bank Information

Stock PE (TTM)
18.51
Promoter Holding
73.15%
Book Value
91.0324
ROE
3.63%
Description
  • Punjab National bank is engaged in the banking sector, having its market capitalization worth INR 36,514.72 Cr. as of 16 April 2021. The bank was founded in 1894. The company has reported quarterly revenue of INR 20,324.67 Cr. at the end of December 2020. This company is found listed on the Bombay Stock Exchange (BSE), having the code 532461 and on the National Stock Exchange (NSE) with the symbol PNB. Headquartered in Delhi, It is the second-largest public sector bank in the country. It has expanded its presence across the nation with 10925 branches, 13914 ATMs by the end of 2020. Punjab National Bank is a commercial bank owned by the Government of India, headquartered in Delhi. It is listed among the leading commercial banks in India. The bank operates in credit and debit card business and the provision of various banking products, life and non-life insurance business, and billions and asset management business. The branch network of PNB In India stood at 10,925. Besides these, the bank also has an overseas branch in Hong Kong, Shanghai, Dubai, Sydney and Dhaka. The bank has overseas subsidiaries as well, which are PNB International Ltd. and Druk PNB Bank Limited. Over a history of 121 years, seven banks have merged with PNB, the most recent being United Bank of India and Oriental Bank of Commerce. PNB was in the news in February 2018 when it reported detecting fraud of INR11394.02 crore. In 2019, 31,29,93,219 equity shares and 63,81,90,364 preferential shares were allotted to the Government of India. Punjab National Bank made investments of INR 300 crore in JSC Tengri Bank and issued INR 3000 crore worth Tier-II bonds during the quarter ending December 2020. The bank incorporated PNB cards and services, a new entity for undertaking non-financial support services of PNB. Following the merger, PNB will retain stakes in two life insurance companies as permitted by IRDA; 23% stake in Canara HSBC OBC Life Insurance and 30% Stake in PNB Metlife Insurance. PNB was said to be on the verge of being privatized, although it was later disclosed that this would not be the case. PNB's stock price has risen in the last three months, but the company's success in the previous three years has been inconsistent. The merger, detection of fraud and lockdown has drastically affected the value of shares.

Registered Address

HO 7 Bhikaiji Cama Place, , New Delhi, Delhi, 110607

Tel : 91-011-26102303/23323654/23323657
Email : hosd:pnb.co.in
Website : http://www.pnbindia.in
Registrar

Beetal Fin.&Computer Ser.P Ltd

AGM Date (Month) : Jun
Face Value Equity Shares : 2
Market Lot Equity Shares : 1
BSE Code : 532461
NSE Code : PNB
Book Closure Date (Month) : Jun
BSE Group : A
ISIN : INE160A01022

FAQ’s on Punjab National Bank Shares

You can buy Punjab National Bank shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Punjab National Bank Share.

Company share prices and volatile and keep changing according to the market conditions. As of Apr 22, 2024 03:44 PM the closing price of Punjab National Bank was ₹ 133.10.

Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Apr 22, 2024 03:44 PM, the market cap of Punjab National Bank stood at ₹ 146,556.62.

The latest PE ratio of Punjab National Bank as of Apr 22, 2024 03:44 PM is 18.51

The latest PB ratio of Punjab National Bank as of Apr 22, 2024 03:44 PM is 0.71

The 52-week high of Punjab National Bank share price is ₹ 138.30 while the 52-week low is ₹ 47.90

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