Tuesday 9 February 2016

PNB plunges 5% post Q3 results

The Bank posted a net profit of Rs. 510.10 million for the quarter ended December 31, 2015 where as the same was at Rs. 7745.60 mn for the quarter ended December 31, 2014.


PNB stock was lower by 5% at Rs. 89. The Bank  posted a net profit of Rs. 510.10 mn for the quarter ended December 31, 2015 where as the same was at Rs. 7745.60 mn for the quarter ended December 31, 2014.

Total Income is Rs. 138912.00 mn for the quarter ended December 31, 2015 where as the same was at Rs. 129048.50 mn for the quarter ended December 31, 2014.

The scrip opened at Rs. 95.3 and touched a high and low of Rs. 97.9 and Rs. 93.25 respectively. A total of 8546098(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 18526.54 crore.

The BSE group 'A' stock of face value Rs. 2 touched a 52 week high of Rs. 180.5 on 17-Aug-2015 and a 52 week low of Rs. 86.75 on 20-Jan-2016. Last one week high and low of the scrip stood at Rs. 97.9 and Rs. 87.1 respectively.

The promoters holding in the company stood at 62.08 % while Institutions and Non-Institutions held 32.27 % and 5.64 % respectively.

The stock traded above its 200 DMA.

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