Is PNB a good buy now?
Is PNB a good buy now?
Punjab National Bank (NSE: PNB) As on 10th Jun 2022 PNB Share Price closed @ 30.90 and we RECOMMEND Strong Sell for LONG-TERM with Stoploss of 37.96 & Sell for SHORT-TERM with Stoploss of 33.65 we also expect STOCK to react on Following IMPORTANT LEVELS.
What is the target of PNB share?
The bank’s board has also recommended a dividend of ₹0.64 per equity share for the financial year 2021-22. Despite weak earnings, global brokerage Morgan Stanley has maintained an ‘equal-weight’ rating on PNB with a target price of ₹41 apiece, a potential upside of 23.9% from Wednesday’s closing price.
What was the highest share price of PNB?
PNB. NS – Punjab National Bank
Date | Open | High |
---|---|---|
Mar 22, 2022 | 35.70 | 35.85 |
Mar 21, 2022 | 36.10 | 36.20 |
Mar 17, 2022 | 36.30 | 36.40 |
Mar 16, 2022 | 35.80 | 36.35 |
Will PNB share price go up?
PNB is trading in the lower range of the quarterly prices. The session was a bullish session and prices moved within a range of 30.65 and 31.00, with a volume of -4.97% compared to average volume that Punjab National normally has. The NSE share PNB Punjab National appears to be moving upwards constantly.
Is PNB a safe investment?
If you value your money, you should stay away from investing in Punjab National bank shares and for that matter all other PSU banks. In fact, you should even be wary of keeping fixed deposits in these banks.
Is PNB a government bank?
Punjab National Bank (PNB) is a state-owned commercial bank located in New Delhi. PNB is one of the leading commercial banks in India.
Is PNB a good buy for long term?
No ways! If you value your money, you should stay away from investing in Punjab National bank shares and for that matter all other PSU banks. In fact, you should even be wary of keeping fixed deposits in these banks.
Which bank share is Best Buy?
List of Best Banking Stocks to Buy now in India
Sr. No. | Company Name | BSE Scrip Code |
---|---|---|
1 | HDFC Bank Ltd. | 500180 |
2 | Kotak Mahindra Bank Ltd. | 500247 |
3 | ICICI Bank Ltd. | 532174 |
4 | Axis Bank Ltd. | 532215 |
Can I buy Punjab National Bank share?
You can easily buy PNB shares in Groww by creating a demat account and getting the KYC documents verified online.
Will PNB survive?
State-owned Punjab National Bank (PNB) on Tuesday said it expects a recovery of Rs 14,000 crore from bad loans during the three quarters and earn a profit of Rs 4,000-6,000 crore in 2021-22 aided by rationalisation of expenses along with robust recovery.
Who is owner of Punjab National Bank?
Ministry of Finance
Government of India
Punjab National Bank/Parent organizations
Is Punjab National Bank Safe?
Over the long history of the Bank, 7 banks have merged with PNB. Since it is a government owned bank, the deposits of the bank are safe. It has a very long history and track record of serving people in the country.