Punjab National Bank’s (PNB) shares surged by 2.85% to ₹99.12 in the early trading session today, up from the previous close of ₹96.37. This rise contributed to a market capitalization increase of approximately ₹3,143 crore, bringing the total market cap to ₹1,13,918.05 crore.
The stock opened at ₹97.10, touched an intraday high of ₹99.45, and a low of ₹97.05. It recorded a traded volume of 170.75 lakh shares, translating to a traded value of ₹168.55 crore.
Key price metrics include a 52-week high of ₹142.90 on April 30, 2024, and a 52-week low of ₹75.60 on November 28, 2023. PNB continues to attract investor interest, evident from its active trading volumes.
This growth aligns with positive market sentiment and a strengthening outlook for public sector banks. Analysts suggest monitoring the stock closely as the financial sector maintains momentum.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your research or consult a financial advisor before making investment decisions.
