Punjab National Bank Analyst Rating
based on 16 analysts
31.25%
Buy
31.25%
Hold
37.50%
Sell
Based on 16 analysts offering long term price targets for Punjab National Bank. An average target of ₹113.25
Source: S&P Global Market Intelligence
Punjab National Bank Share analysis
Punjab National Bank price forecast by 16 analysts
Upside of9.66%
High
₹150
Target
₹113.25
Low
₹65
Punjab National Bank target price ₹113.25, a slight upside of 9.66% compared to current price of ₹102.29. According to 16 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Punjab National Bank revenue growth forecast
Expected growth rate Q1, FY2026:0
Forecast
Actual
Including amortisation and stock based compensations
Punjab National Bank EPS growth forecast
EPS estimate Q1, FY2026:72.55%
Forecast
Actual
Source: S&P Global Market Intelligence
Punjab National Bank Performance
Day's Low
Day's High
₹101.76₹104.4552 Week's Low
52 Week's High
₹67.35₹142.9
| Returns % | |
| 1 Month Return | -7.39 % |
| 3 Month Return | -12.6 % |
| 1 Year Return | + 48.27 % |
| Market Stats | |
| Previous Close | ₹103.27 |
| Open | ₹103.28 |
| Volume | 1.74Cr |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹1,18,687.63Cr |
Punjab National Bank Key Statistics
| P/E Ratio | 9.68 |
| PEG Ratio | 1.45 |
| Market Cap | ₹1,18,687.63 Cr |
| P/B Ratio | 1.39 |
| EPS | 8.32 |
| Dividend Yield | 1.21 |
| Sector | Banks |
| ROE | 8.7 |
Punjab National Bank Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| HOLD | ₹1,18,687.63 Cr | 14% | NA | ₹9,107 Cr | ₹1,23,222 Cr | |
| BUY | ₹94,942.51 Cr | 35.18% | NA | ₹15,278 Cr | ₹1,39,164 Cr | |
| HOLD | ₹47,721.06 Cr | 12.6% | NA | ₹6,564 Cr | ₹67,488 Cr | |
| BUY | ₹85,664.32 Cr | 22.67% | NA | ₹13,797 Cr | ₹1,18,188 Cr | |
| BUY | ₹69,860.29 Cr | 62.13% | NA | ₹8,419 Cr | ₹64,231 Cr |
Punjab National Bank Mutual Fund Holdings
About Punjab National Bank
PNB operates mainly in India but also has a presence in other countries, such as the UK, Hong Kong, Dubai, and Kazakhstan, catering to a global clientele. The bank does not have specific sub-brands but operates various divisions focusing on different aspects of banking services. A notable fact about PNB is its extensive network of branches across India, making it one of the largest banks in terms of branch coverage. Another significant fact is PNB's role in merging with Oriental Bank of Commerce and United Bank of India in 2020, making it the second-largest public sector bank in India by assets and network.
The bank's merger with Oriental Bank of Commerce and United Bank of India was a significant move in the Indian banking sector, aimed at consolidating and strengthening the public banking space, enhancing its operational efficiency, and expanding its customer base.
Share Price: ₹102.29 per share as on 21 Oct, 2024 04:01 PM
Market Capitalisation: ₹1,18,687.63Cr as of today
Revenue: ₹32,759.89Cr as on June 2024 (Q2 24)
Net Profit: ₹3,975.86Cr as on June 2024 (Q2 24)
Listing date: 24 Apr, 2002
Chairperson Name: K G Ananthakrishnan
| Organisation | Punjab National Bank |
| Headquarters | |
| Industry | Banks |
| E-voting on shares | Click here to vote |
Key events for Punjab National Bank
Supreme Court Hears SBI and PNB's Jet Airways Case - 16 Oct, 2024
The Supreme Court is reviewing an appeal from State Bank of India and Punjab National Bank regarding the NCLAT's decision on Jet Airways' resolution plan.
Punjab National Bank Appeals NCLAT Verdict - 15 Oct, 2024
The Supreme Court bench, including Chief Justice D Y Chandrachud, is hearing an appeal from Punjab National Bank and others against the NCLAT's March 12 verdict.
PNB Partners with SLCM for Agricultural Credit Solutions - 08 Oct, 2024
Sohan Lal Commodity Management has partnered with Punjab National Bank and Bandhan Bank to offer Unified Collateral Management Solutions, enhancing post-harvest credit access for farmers at competitive rates.
Eraaya Lifespaces Secures Major Contract with PNB - 07 Oct, 2024
Eraaya Lifespaces announced that its subsidiary has secured a significant contract valued at approximately Rs 138.75 crores with Punjab National Bank, extending for another three years.
PNB Reports Strong Q2 Growth and QIP Announcement - 04 Oct, 2024
Punjab National Bank's total business grew by 12% YoY, with domestic loans up 11.84%. The bank also announced a qualified institutional placement of equity shares.
Punjab National Bank Reports Strong Q2 Growth - 03 Oct, 2024
Punjab National Bank reported significant growth in Q2 FY25, with global business up 12.09%, domestic deposits up 11%, and loan growth at 13%. Overall, the bank's performance reflects a positive trend in both deposits and advances.
PNB Successfully Raises Rs 5,000 Crore via QIP - 30 Sep, 2024
Punjab National Bank raised Rs 5,000 crore through a Qualified Institutions Placement, issuing 48.19 crore shares at Rs 103.75 each, attracting significant institutional interest.
PNB Successfully Raises ₹5,000 Crore Through QIP - 27 Sep, 2024
Punjab National Bank raised ₹5,000 crore through a qualified institutional placement, attracting bids worth ₹41,734 crore, enhancing its capital position and growth capacity.
Punjab National Bank Completes QIP Share Sale - 26 Sep, 2024
Punjab National Bank successfully completed its QIP share sale, raising Rs 5,000 crore at a discount to the floor price. The bank's capital adequacy remains strong, and it aims for healthy credit growth in FY25.
PNB Begins Search for New MD and CEO - 25 Sep, 2024
Punjab National Bank is initiating the search for a new Managing Director and CEO, with at least 13 candidates, including executive directors from major public sector banks, in contention. The Financial Services Institutions Bureau will conduct interviews next month.
Punjab National Bank Launches QIP Amid Leadership Changes - 24 Sep, 2024
Punjab National Bank plans to raise up to Rs 7,500 crore through a QIP at Rs 109.16 per share, causing a 2.5% drop in shares. Additionally, 13 candidates are vying for the MD & CEO position as the current tenure ends in 2024.
Punjab National Bank Launches QIP to Raise Capital - 23 Sep, 2024
Punjab National Bank has launched a qualified institutional placement (QIP) to raise up to Rs 7,500 crore, setting a floor price of Rs 109.16 per share. The bank aims to offload 24.09 crore equity shares, with potential upsizing based on demand. The stock has shown significant growth over the past year.
Insights on Punjab National Bank
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTBest in 3 Years
In the last 3 years, PNB has outperformed top 5 stocks with highest market-cap in Banks
- POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 5 quarters, 1.34K Cr → 3.97K Cr (in ₹), with an average increase of 23.5% per quarter
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 5.51% to 8.41% in Sep 2024 quarter
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 1.91% to 2.87% in Sep 2024 quarter
NO EFFECTAgainst Peers
In the last 1 year, State Bank of India has given 48.4% return, outperforming this stock by 0.1%
NEGATIVE IMPACTPromoter Holding Down
Promoters have decreased holdings from 73.15% to 70.08% in Sep 2024 quarter
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 10.57% to 9.84% in Sep 2024 quarter
- NEGATIVE IMPACT
Revenue Fall
Revenue is down for the last 2 quarters, 32.97K Cr → 32.75K Cr (in ₹), with an average decrease of 0.7% per quarter
- NEGATIVE IMPACT
Price Dip
In the last 6 months, PNB stock has moved down by -22.4%
Punjab National Bank Financials
Index Inclusions
Punjab National Bank Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 70.08% | ||
| Foreign Institutions | 8.41% | 52.67 | |
| Mutual Funds | 2.87% | 50.53 | |
| Retail Investors | 9.84% | ||
| Others | 8.79% |
Punjab National Bank Key Indicators
Punjab National Bank Valuation
Punjab National Bank in the last 5 years
Lowest (-620.83x)
July 8, 2020
Today (9.68x)
October 18, 2024
Industry (15.45x)
October 18, 2024
Highest (59.19x)
February 18, 2021
Punjab National Bank Earnings and Dividends
Punjab National Bank Earnings Results
Punjab National Bank’s net profit jumped 196.25% since last year same period to ₹3,975.86Cr in the Q1 2024-2025. On a quarterly growth basis, Punjab National Bank has generated 18.96% jump in its net profits since last 3-months.
Read More about Earnings ResultsPunjab National Bank Dividends May,2024
In the quarter ending March 2024, Punjab National Bank has declared dividend of ₹1.50 - translating a dividend yield of 2.10%.
Read More about Dividends
Punjab National Bank Technicals Summary
Bearish
Neutral
Bullish
Punjab National Bank is currently in a Bearish trading position according to technical analysis indicators.
FAQs on Punjab National Bank
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Punjab National Bank (PNB) share price today is ₹102.29
Punjab National Bank is listed on NSE
Punjab National Bank is listed on BSE
- Today’s highest price of Punjab National Bank is ₹104.45.
- Today’s lowest price of Punjab National Bank is ₹101.76.
PE Ratio of Punjab National Bank is 9.68
PE ratio = Punjab National Bank Market price per share / Punjab National Bank Earnings per share
Today’s traded volume of Punjab National Bank(PNB) is 1.74Cr.
Today’s market capitalisation of Punjab National Bank(PNB) is ₹118687.63Cr.
| Punjab National Bank(PNB | Price |
|---|---|
52 Week High | ₹142.9 |
52 Week Low | ₹67.35 |
Punjab National Bank(PNB) share price is ₹102.29. It is down -28.42% from its 52 Week High price of ₹142.9
Punjab National Bank(PNB) share price is ₹102.29. It is up 51.88% from its 52 Week Low price of ₹67.35
| Punjab National Bank(PNB | Returns |
|---|---|
1 Day Returns | -0.98% |
1 Month Returns | -7.39% |
3 Month Returns | -12.6% |
1 Year Returns | 48.27% |