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Akhilesh Jat SEBI RA

20th Jul ยท SEBI-Registered Analyst

๐Ÿ“ˆ PNB Shares Rally Over 5% After Strong Q1 Performance

Punjab National Bank ( $PNB ) shares rallied 5.66% on 20 July 2026, opening with a gap-up start and extending gains throughout the session as investors cheered the bankโ€™s strong Q1 FY27 performance. The stock also climbed to its highest level since 30 April 2026, reflecting renewed buying interest following the earnings announcement. ๐Ÿ“Š Punjab National Bank Q1 FY27 Highlights (Standalone YoY): โ€ข Net Profit jumped 213.6% to โ‚น5,253.3 crore from โ‚น1,675 crore โ€ข Net Interest Income (NII) increased 2.1% to โ‚น10,798.4 crore โ€ข Provisions & Contingencies rose 67.5% to โ‚น541.2 crore โ€ข Tax Expenses declined 66% to โ‚น1,724.7 crore from โ‚น5,083.3 crore ๐Ÿฆ Asset Quality Improved Further โ€ข Gross NPA declined to 2.78% from 2.95% (QoQ) โ€ข Net NPA eased to 0.28% from 0.29% (QoQ) ๐Ÿ” The sharp rise in profitability, supported by lower tax expenses and continued improvement in asset quality metrics, kept PNB among the top gainers in the banking space during the session. ๐Ÿ“Œ Disclaimer: This content is for information only and not investment advice. Investments in securities market are subject to market risks. Read all the related documents carefully before investing. Please consult a SEBI-registered advisor before making any investment decisions.

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