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Stock Radar: 20% rally in 1 month! Is this PSU stock an attractive long-term buy?
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Punjab National Bank, a part of the PSU banking space, has rallied over 20% in a month and delivered a strong set of earnings for the quarter ended June, which suggests bulls are here to stay.The stock rose from Rs 50.40 recorded on June 28 to Rs 61.95 on July 28, which translates into an upside of nearly 23%.
The recent momentum also pushed the stock to a fresh 52-week high of Rs 65.15 on July 20.The PSU banking stock recorded a breakout from
. Read more on economictimes.indiatimes.comAbout this in other media
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