PUNJAB NATIONAL BANK
NSE : PNBBSE : 532461ISIN
CODE : INE160A01022Industry : Bank - PublicHouse
: PSU
BSE126.101.05 (+0.84 % )
PREV CLOSE (Rs.) 125.05
OPEN PRICE (Rs.) 125.10
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 165040
TODAY'S LOW / HIGH (Rs.)
52 WK LOW / HIGH (Rs.)
NSE126.10 1 (+0.8 % )
PREV CLOSE(Rs.) 125.10
OPEN PRICE (Rs.) 125.55
BID PRICE (QTY) 126.10 (82 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 3928051
TODAY'S LOW / HIGH(Rs.)
52 WK LOW / HIGH (Rs.)
Company News
| Date | Heading | Details |
|---|---|---|
| 10-May-2024 | Punjab National Bank inches up on reporting 78% rise in Q4 consolidated net profit | <p style="text-align: justify;">Punjab National Bank is currently trading at Rs. 122.40, up by 0.35 points or 0.29% from its previous closing of Rs. 122.05 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 123.85 and has touched a high and low of Rs. 124.00 and Rs. 120.75 respectively. So far 921461 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 142.90 on 30-Apr-2024 and a 52 week low of Rs. 48.07 on 12-May-2023.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 137.00 and Rs. 120.75 respectively. The current market cap of the company is Rs. 134389.44 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 73.15%, while Institutions and Non-Institutions held 17.18% and 9.67% respectively.</p><p style="text-align: justify;">Punjab National Bank has reported over 2-fold jump in its net profit at Rs 3,010.27 crore for the ended March 31, 2024 review as compared to Rs 1,158.61 crore for the same quarter in the previous year. Total income of the bank increased by 18.67% at Rs 32,361.04 crore for Q4FY24 as compared Rs 27,268.95 crore for the corresponding quarter previous year. </p><p style="text-align: justify;">On consolidated basis, the bank has reported 78.10% rise in its net profit at Rs 3,100.88 crore for fourth quarter ended March 31, 2024 as compared to Rs 1,741.11 crore for the same quarter in the previous year. Total income of the bank increased by 17.22% at Rs 32,976.47 crore for Q4FY24 as compared Rs 28,132.23 crore for the corresponding quarter previous year. </p><p style="text-align: justify;">For the year ended March 31, 2024, the bank has reported over 3-fold jump in net profit at Rs 8,244.62 crore as compared to Rs 2,507.20 crore for the previous year. Total income of the bank increased by 23.64% at Rs 1,20,285.16 crore for year under review as compared to Rs 97,286.64 crore for year ended March 31, 2023.</p><p style="text-align: justify;">For the year ended March 31, 2024, on the consolidated basis, the bank has reported over 2-fold jump in its net profit at Rs 8,328.91 crore as compared to Rs 3,069.34 crore for the previous year. Total income of the bank increased by 23.52% at Rs 1,22,394.01 crore for year under review as compared to Rs 99,084.88 crore for year ended March 31, 2023.</p><div style="text-align: justify;"><br></div> |
| 09-May-2024 | Punjab National Bank reports 78% rise in Q4 consolidated net profit | <p style="text-align: justify;">Punjab National Bank has reported results for fourth quarter (Q4) and year ended March 31, 2024.</p><p style="text-align: justify;">The bank has reported over 2-fold jump in its net profit at Rs 3,010.27 crore for the quarter under review as compared to Rs 1,158.61 crore for the same quarter in the previous year. Total income of the bank increased by 18.67% at Rs 32,361.04 crore for Q4FY24 as compared Rs 27,268.95 crore for the corresponding quarter previous year.</p><p style="text-align: justify;">On consolidated basis, the bank has reported 78.10% rise in its net profit at Rs 3,100.88 crore for fourth quarter ended March 31, 2024 as compared to Rs 1,741.11 crore for the same quarter in the previous year. Total income of the bank increased by 17.22% at Rs 32,976.47 crore for Q4FY24 as compared Rs 28,132.23 crore for the corresponding quarter previous year. </p><p style="text-align: justify;">For the year ended March 31, 2024, the bank has reported over 3-fold jump in net profit at Rs 8,244.62 crore as compared to Rs 2,507.20 crore for the previous year. Total income of the bank increased by 23.64% at Rs 1,20,285.16 crore for year under review as compared to Rs 97,286.64 crore for year ended March 31, 2023.</p><p style="text-align: justify;">For the year ended March 31, 2024, on the consolidated basis, the bank has reported over 2-fold jump in its net profit at Rs 8,328.91 crore as compared to Rs 3,069.34 crore for the previous year. Total income of the bank increased by 23.52% at Rs 1,22,394.01 crore for year under review as compared to Rs 99,084.88 crore for year ended March 31, 2023.</p><div style="text-align: justify;"><br></div> |
| 09-May-2024 | Punjab National Bank informs about security cover certificate | <div>Pursuant to Regulation 54 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Punjab National Bank has informed that it enclosed the Security Cover Certificate for the quarter ended 31.03.2024.</div><div><br></div><div>The above information is a part of company's filings submitted to BSE.</div><div><br></div> |
| 16-Apr-2024 | Punjab National Bank informs about newspaper publication | <p style="text-align: justify;"> Punjab National Bank has informed that it enclosed a copy of notice published in Financial Express (English) and Jansatta (Hindi) on 16.04.2024.</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p> |
| 06-Apr-2024 | Punjab National Bank informs about compliance certificate | <p style="text-align: justify;">Punjab National Bank has informed that it enclosed the Compliance Certificate pursuant to Regulation 7 (3) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 for the year ended 31st March, 2024.</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p><div style="text-align: justify;"><br></div> |
| 26-Mar-2024 | Adani Ports, PNB and KP Energy to see some action today | <p style="text-align: justify;"><span style="font-weight: bold;">Adani Ports and Special Economic Zone</span> (APSEZ), India's largest ports and logistics company, has entered into a definitive agreement to purchase the 56% stake of the SP Group and 39% of Orissa Stevedores Limited (OSL) in Gopalpur Port (GPL). The acquisition is made at an enterprise value of Rs 3,080 crore, and the transaction is subject to statutory approvals and fulfilment of other conditions precedents. </p><p style="text-align: justify;"><span style="font-weight: bold;">Punjab National Bank</span> (PNB) has raised Rs 1859 crore through the allotment of 8.47% Unsecured, subordinated, non-convertible, fully paid-up, perpetual, taxable, Basel Ill compliant bonds on private placement basis. The non-convertible taxable bonds will qualify as Additional Tier I capital. </p><p style="text-align: justify;"><span style="font-weight: bold;">KP Energy </span>has successfully commissioned further 16.8MW (Phase-VIII) ISTS connected Wind Power Project comprising 8 numbers of WTGs of 2.1MW each at Sidhpur site in Devbhoomi Dwarka. This Phase-VIII commissioning is a part of the 250.8MW ISTS connected Wind Power Project capacity awarded to Apraava Energy by Solar Energy Corporation of India (SECI) under Tranche-VIII bidding. KP Energy is developing the Project for Apraava Energy as a Contractor under the Land and Balance of Plant Contract.</p><p style="text-align: justify;"><span style="font-weight: bold;">Universal Cables</span>' board has approved additional capital expenditure for augmenting the production capacity of XLPE Insulated Medium Voltage Power Cables through debottlenecking at the company's manufacturing facility at Satna, Madhya Pradesh. Post debottlenecking, the production capacity shall stand increased by approximately 1500 KMs per annum. The envisaged enhanced capacity is likely to be fully operational by March 2025.</p><p style="text-align: justify;"><span style="font-weight: bold;">Maruti Suzuki India </span>has planned to acquire an equity stake of 6.44% in Amlgo Labs. Amlgo Labs is an Advanced Analytics, Machine Learning (ML) /Artificial Intelligence (AI) and Big Data Solutions Implementation company. </p><p style="text-align: justify;"><span style="font-weight: bold;">Rail Vikas Nigam</span> (RVNL) has signed memorandum of understanding (MoU) with Airports Authority of India (AAI) for Construction of Subway/Underpass to connect operational area to the Airport Authority of India residential colony in Kolkata. The estimated cost of the project is Rs 229.43 crore (including GST).</p><p style="text-align: justify;"><span style="font-weight: bold;">Hindustan Aeronautics </span>(HAL) has signed a contract with Guyana Defence Force (GDF), Government of Guyana, for supply of two Hindustan-228 commuter aircraft along with Manufacturer Recommended List of Spares (MRLS), Ground Handling Equipment/Ground Support Equipment, Training, Hand-holding at a total value of MUSD 23.37 (approximately Rs 194 crore).</p><div style="text-align: justify;"><br></div> |
| 26-Mar-2024 | PNB surges on raising Rs 1859 crore through Bonds | <p style="text-align: justify;">Punjab National Bank is currently trading at Rs. 124.00, up by 1.30 points or 1.06% from its previous closing of Rs. 122.70 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 122.85 and has touched a high and low of Rs. 124.55 and Rs. 122.10 respectively. So far 1456136 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 133.00 on 11-Mar-2024 and a 52 week low of Rs. 44.41 on 28-Mar-2023.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 124.55 and Rs. 114.15 respectively. The current market cap of the company is Rs. 136206.26 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 73.15%, while Institutions and Non-Institutions held 16.84% and 10.00% respectively.</p><p style="text-align: justify;">Punjab National Bank (PNB) has raised Rs 1859 crore through the allotment of 8.47% Unsecured, subordinated, non-convertible, fully paid-up, perpetual, taxable, Basel Ill compliant bonds on private placement basis. The non-convertible taxable bonds will qualify as Additional Tier I capital. </p><p style="text-align: justify;">PNB is one of the oldest banks in India having a virtual presence in every important center of the country. The Bank caters to a wide variety of audience through spectrum of services including corporate and personal banking, industrial finance, agricultural finance and international finance.</p><div style="text-align: justify;"><br></div> |
| 23-Mar-2024 | PNB raises Rs 1859 crore through Bonds | <p style="text-align: justify;">Punjab National Bank (PNB) has raised Rs 1859 crore through the allotment of 8.47% Unsecured, subordinated, non-convertible, fully paid-up, perpetual, taxable, Basel Ill compliant bonds on private placement basis. The non-convertible taxable bonds will qualify as Additional Tier I capital. </p><p style="text-align: justify;">PNB is one of the oldest banks in India having a virtual presence in every important center of the country. The Bank caters to a wide variety of audience through spectrum of services including corporate and personal banking, industrial finance, agricultural finance and international finance.</p><div style="text-align: justify;"><br></div> |
| 22-Mar-2024 | Punjab National Bank planning to raise fund through Bonds | <p style="text-align: justify;">Punjab National Bank (PNB) is planning to raise capital through issuance of Basel-III compliant Additional Tier-I Bonds and Tier-II Bonds, in one or more tranches during FY 2024-25. A meeting of the Board of Directors of the Bank is scheduled on March 28, 2024 for inter alia considering the proposal of the same. </p><p style="text-align: justify;">PNB is one of the oldest banks in India having a virtual presence in every important center of the country. The Bank caters to a wide variety of audience through spectrum of services including corporate and personal banking, industrial finance, agricultural finance and international finance.</p><div style="text-align: justify;"><br></div> |
| 22-Mar-2024 | Punjab National Bank informs about updates | <div>Punjab National Bank has informed that pursuant to invocation of pledge, the Bank had become the beneficial owner of 61,29,000 equity shares (30%) of Tasty Dairy Specialities. The Bank has now sold 4,08,136 equity shares (approximately 2%) of the Company during the period from 07.03.2024 to 22.03.2024. The above information is being submitted in compliance of Regulation 30 of SEBI (LODR) Regulations, 2015.</div><div><br></div><div>The above information is a part of company's filings submitted to BSE.</div><div><br></div> |
