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Punjab & Sind Bank soars 6.27%, rises for third straight session

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Capital Market

Punjab & Sind Bank is quoting at Rs 29.65, up 6.27% on the day as on 12:49 IST on the NSE. The stock is up 79.7% in last one year as compared to a 2.64% jump in NIFTY and a 33.27% jump in the Nifty Pharma index.

Punjab & Sind Bank is up for a third straight session today. The stock is quoting at Rs 29.65, up 6.27% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.33% on the day, quoting at 17833.8. The Sensex is at 60603.95, down 0.33%. Punjab & Sind Bank has slipped around 6.17% in last one month.

 

Meanwhile, Nifty Pharma index of which Punjab & Sind Bank is a constituent, has slipped around 6.76% in last one month and is currently quoting at 3903.55, up 1.18% on the day. The volume in the stock stood at 35.14 lakh shares today, compared to the daily average of 20.6 lakh shares in last one month.

The PE of the stock is 15.76 based on TTM earnings ending December 22.

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First Published: Feb 10 2023 | 1:05 PM IST

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