Trending stocks: PNB shares rise 2% ahead of Q4 earnings

NEW DELHI: Shares of Punjab National Bank traded 1.47 per cent up in Friday's trade at 10:32AM (IST). Around 1461468 shares changed hands on the counter. The stock opened at Rs 34.35 and touched an intraday high and low of Rs 34.7 and Rs 33.9, respectively, in the session so far.

The stock quoted a 52-week high of Rs 91.2 and a 52-week low of Rs 26.5.

Punjab National Bank is slated to announce its March quarter earnings on Friday.


Financials
Punjab National Bank, incorporated in the year 1969, is a banking company (having a market cap of Rs 23008.79 Crore).

Punjab National Bank key Products/Revenue Segments include Interest & Discount on Advances & Bills which contributed Rs 31833.08 Crore to Sales Value (66.32 % of Total Sales), Income From Investment which contributed Rs 13946.98 Crore to Sales Value (29.05 % of Total Sales), Interest On Balances with RBI and Other Inter-Bank Funds which contributed Rs 2001.42 Crore to Sales Value (4.16 % of Total Sales) and Interest which contributed Rs 214.28 Crore to Sales Value (0.44 % of Total Sales)for the year ending 31-Mar-2018.

Promoter holding
Promoters held 83.19 per cent stake in the company as of quarter ended 31st Dec 2019.

Valuation ratio
It quoted a price-to-earnings ratio of -6.9 and price to book value of 0.35.