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Update for investors of
PNB
is currently trading at Rs. 101.00, up by 0.60 points or 0.60% from its previous closing of Rs. 100.40 on the BSE.
The scrip opened at Rs. 100.60 and has touched a high and low of Rs. 101.45 and Rs. 100.20 respectively. So far 605584 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 138.50 on 03-Jun-2024 and a 52 week low of Rs. 85.50 on 04-Mar-2025.
Last one week high and low of the scrip stood at Rs. 102.95 and Rs. 98.95 respectively. The current market cap of the company is Rs. 115791.40 crore.
The promoters holding in the company stood at 70.08%, while Institutions and Non-Institutions held 20.37% and 9.54% respectively.
PNB
k (PNB) is eyeing a recovery of Rs 16,000 crore and aiming to keep slippages below 1 percent in the current fiscal year to sustain profitability. Meanwhile, total recovery of the bank stood at Rs 4,733 crore for the fourth quarter and Rs 14,336 crore for FY25 while overall slippages ratio was 0.73 per cent during the last financial year.
The bank also plans to expand its RAM (retail, agriculture and MSMEs) sector lending to 58 per cent of its loan book in the current financial year with the help of various initiatives taken, including loan outreach. The volume increase in the RAM segment will help compensate for a loss due to further rate cuts.
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.
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