PNB stock price down 0.04 per cent as Sensex climbs
Punjab National Bank fell 0.04 per cent to Rs 115.15 at 12:18PM hours (IST) on Monday. Earlier in the day, the stock saw a gap down start to the session.
As per data available on BSE, total traded quantity on the counter stood at 416,077 shares with a turnover of Rs 4.77 crore till 12:18PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 10.68, while the price-to-book value ratio stood at 1.34.
Return on equity (ROE) was at 8.92 per cent, according to exchange data. The stock hit an intraday high of Rs 115.8 and a low of Rs 113.8 during the session and quoted a 52-week high price of Rs 142.9 and a 52-week low of Rs 60.57.
The stock's beta value, which measures its volatility in relation to the broader market, stood at 1.78.
Technical Indicators
The 200-DMA (day moving average) of the stock stood at Rs 112.0 on August 12, while the 50-DMA was at Rs 121.92. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend. If it trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.
The Relative Strength Index (RSI) of the stood at 41.76. The RSI oscillates between zero and 100. Traditionally, a stock is considered overbought when the RSI value stands above 70 and oversold when it is below 30.
Promoter holding
As of 30-Jun-2024, promoters held 73.15 per cent stake in the company, while FIIs held 5.51 per cent and domestic institutional investors
