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 ₹112.62
Source: S&P Global Market Intelligence
Punjab National Bank Share analysis
Punjab National Bank price forecast by 16 analysts
Upside of3.56%
High
₹150
Target
₹112.62
Low
₹65
Punjab National Bank target price ₹112.62, a slight upside of 3.56% compared to current price of ₹107.25. 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, FY2026:72.67%
Forecast
Actual
Source: S&P Global Market Intelligence
Performance
Day's Low
Day's High
₹105.6₹110.1552 Week's Low
52 Week's High
₹67.35₹142.9
| Returns % | |
| 1 Month Return | -5.61 % |
| 3 Month Return | -15.23 % |
| 1 Year Return | + 42.25 % |
| Market Stats | |
| Previous Close | ₹108.75 |
| Open | ₹109.85 |
| Volume | 2.12Cr |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹1,19,744.79Cr |
Key Statistics
| P/E Ratio | 10.19 |
| PEG Ratio | 1.53 |
| Market Cap | ₹1,19,744.79 Cr |
| P/B Ratio | 1.39 |
| EPS | 8.32 |
| Dividend Yield | 1.21 |
| Sector | Banks |
| ROE | 8.7 |
Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| HOLD | ₹1,19,744.79 Cr | 15.11% | NA | ₹9,107 Cr | ₹1,23,222 Cr | |
| BUY | ₹95,650.02 Cr | 35.54% | NA | ₹15,278 Cr | ₹1,39,164 Cr | |
| HOLD | ₹50,425.35 Cr | 14.94% | NA | ₹6,564 Cr | ₹67,488 Cr | |
| BUY | ₹93,885.72 Cr | 24.32% | NA | ₹13,797 Cr | ₹1,18,188 Cr | |
| BUY | ₹68,028.42 Cr | 45.83% | NA | ₹8,419 Cr | ₹64,231 Cr |
Company Information
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: ₹107.25 per share as on 19 Sep, 2024 04:01 PM
Market Capitalisation: ₹1,19,744.79Cr 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: 26 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
Punjab National Bank Receives Affirmed Ratings - 13 Sep, 2024
Punjab National Bank has received various credit ratings from India Ratings, affirming its Long Term Issuer Rating at IND AAA/Stable and other ratings for bonds and deposits.
Nirav Modi Case: PNB Faces Financial Fallout - 12 Sep, 2024
Nirav Modi and Mehul Choksi were charged with defrauding Punjab National Bank of Rs 6,498 crore through fraudulent loans. Rs 1,052.42 crore in assets have been returned to victim banks.
ED Seizes Additional Assets in PNB Fraud Case - 11 Sep, 2024
The Enforcement Directorate has attached assets valued at Rs 29.75 crore related to Nirav Modi's PNB fraud case, adding to previous recoveries. The total fraud amount is Rs 6,500 crore.
Punjab National Bank Plans QIP Fundraising - 09 Sep, 2024
Punjab National Bank has received approval to raise up to ₹5,000 crore through qualified institutional placements (QIP) in FY25, aiding compliance with public shareholding norms.
Punjab National Bank Secures QIP Approval for Fundraising - 08 Sep, 2024
The Union Ministry of Finance has approved Punjab National Bank's proposal to raise Rs 5,000 crore through Qualified Institutional Placement (QIP) in FY25, alongside Bank of Maharashtra's similar approval.
PNB Announces Revised Service Charges Effective October 2024 - 06 Sep, 2024
Punjab National Bank (PNB) has announced revised service charges for savings accounts, effective October 1, 2024. Changes include minimum balance requirements, DD charges, returned cheque fees, and locker charges, aimed at enhancing efficiency.
Karnataka Government Rescinds Ban on PNB Business - 05 Sep, 2024
The Karnataka government has retracted its circular that barred state departments from conducting business with Punjab National Bank after the bank repaid embezzled funds.
Morgan Stanley Downgrades Punjab National Bank Shares - 04 Sep, 2024
Punjab National Bank's share price is currently at Rs.113.3, down 1.95%. Morgan Stanley has downgraded the stock to Underweight with a target of Rs.73.
AJR Infra's Unpaid Dues Impacting Punjab National Bank - 24 Aug, 2024
AJR Infra and Tolling Ltd owes Rs 312 crores in unpaid dues to lenders, including Punjab National Bank, related to the stalled Indira Container Terminal project.
Punjab National Bank Reports Strong Q1FY25 Growth - 22 Aug, 2024
Punjab National Bank's shares rose slightly to Rs. 116.50. The bank reported a 10.4% increase in Net Interest Income, with profits soaring from Rs. 1,210.82 Crores to Rs. 3,716.17 Crores in Q1FY25. Its Net Interest Margin stands at 3.07%, and CASA Ratio is 40.08%.
Karnataka Government Withdraws Deposits from PNB - 21 Aug, 2024
The Karnataka government has ordered all its departments and public sector units to withdraw deposits and stop transactions with Punjab National Bank and State Bank of India.
Karnataka Government Orders Closure of SBI and PNB Accounts - 19 Aug, 2024
The Karnataka government has directed all state departments to close their accounts in Punjab National Bank and SBI, alleging misappropriation of funds. No further deposits or investments will be allowed in these banks.
Karnataka Government Pauses Suspension Orders for PNB - 17 Aug, 2024
The Karnataka government has temporarily halted its directive to close accounts with Punjab National Bank, allowing 15 days for the bank to rectify issues related to government fund misuse.
Karnataka Government Suspends Transactions with PNB - 16 Aug, 2024
The Karnataka government has ordered state institutions to withdraw deposits from Punjab National Bank due to allegations of financial irregularities, leading to significant market attention.
Karnataka Government Withdraws Funds from PNB - 15 Aug, 2024
The Karnataka government has ordered all its departments to withdraw deposits from Punjab National Bank due to allegations of fund misappropriation, impacting the bank's operations.
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 IMPACTRetail Holding Up
Retail Investor have increased holdings from 9.67% to 10.57% in Jun 2024 quarter
- POSITIVE IMPACT
Best in 1 Year
In the last 1 year, 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 4.82% to 5.51% in Jun 2024 quarter
- POSITIVE IMPACT
Best in 3 Years
In the last 3 years, PNB has outperformed top 5 stocks with highest market-cap in Banks
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 73.15% of holdings in Jun 2024 quarter
NEGATIVE IMPACTMF Holding Down
Mutual Funds have decreased holdings from 3.43% to 1.91% in Jun 2024 quarter
- NEGATIVE IMPACT
Price Dip
In the last 3 months, PNB stock has moved down by -15.2%
- 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
Company Financials
Index Inclusions
Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 73.15% | 0.00 | |
| Foreign Institutions | 5.51% | 14.45 | |
| Mutual Funds | 1.91% | ||
| Retail Investors | 10.57% | 9.33 | |
| Others | 8.86% |
Key Indicators
Punjab National Bank Valuation
Punjab National Bank in the last 5 years
Lowest (-620.83x)
July 8, 2020
Today (10.19x)
September 18, 2024
Industry (15.74x)
September 18, 2024
Highest (59.19x)
February 18, 2021
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 1.98%.
Read More about Dividends
Technicals Summary
Bearish
Neutral
Bullish
Punjab National Bank is currently in a Bearish trading position according to technical analysis indicators.
Frequently Asked Questions
- Get a PAN card.
- Open a Demat account.
- Open a Trading account.
- Link your Demat account to your Trading account.
- Fund your Trading account.
- Place an order to buy Punjab National Bank shares.
Punjab National Bank (PNB) share price today is ₹107.25
Punjab National Bank is listed on NSE
Punjab National Bank is listed on BSE
- Today’s highest price of Punjab National Bank is ₹110.15.
- Today’s lowest price of Punjab National Bank is ₹105.6.
PE Ratio of Punjab National Bank is 10.19
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 2.12Cr.
Today’s market capitalisation of Punjab National Bank(PNB) is ₹119744.79Cr.
| Punjab National Bank(PNB | Price |
|---|---|
52 Week High | ₹142.9 |
52 Week Low | ₹67.35 |
Punjab National Bank(PNB) share price is ₹107.25. It is down -24.95% from its 52 Week High price of ₹142.9
Punjab National Bank(PNB) share price is ₹107.25. It is up 59.24% from its 52 Week Low price of ₹67.35
| Punjab National Bank(PNB | Returns |
|---|---|
1 Day Returns | -1.5% |
1 Month Returns | -5.61% |
3 Month Returns | -15.23% |
1 Year Returns | 42.25% |