PNB Share Price Today on : PNB share are up by 3.71%, Nifty up by 0.79%

PNB Share Price Today on 28-10-2024: On the last trading day, PNB opened at ₹96.05 and closed at ₹99.35. The stock reached a high of ₹99.85 and a low of ₹96. Overall, it experienced a positive movement, closing higher than its opening price.

featured-image

PNB Share Price Today on : At 28 Oct 11:19 today, PNB shares are trading at price ₹ 99.35, 3.71% up from the previous closing price.

Sensex is trading at ₹ 80223.3, up by 1.03%.



The stock has hit a high of ₹ 99.85 and a low of ₹ 96 during the day. On the technical front, the stock is trading above the 5 days SMA & lower than the 10,20,50,100,300 day SMA.

The stock will have support at 5 days SMA & face resistance at 10,20,50,100,300 days SMA The SMA values for the stock are given below : The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹ 99.13, ₹ 102.32, & ₹ 105.

27, whereas it has key support levels at ₹ 92.99, ₹ 90.04, & ₹ 86.

85. Till 11 AM today, the volume traded on NSE & BSE for PNB was 44.36% higher than the previous trading session.

Volume traded is an important indicator along with price to study trends. Positive price movement with higher volume suggests a sustainable upmove, and negative price movement with higher volume might be an indication of further decline in prices. Overall, as per Mint technical analysis, The stock is currently experiencing a strong downtrend.

From a fundamental analysis perspective, the company has a ROE of 8.54% .The current P/E of the stock is at 8.

98 & P/B is at 0.90. The median 1-year forecasted upside in this share is at 8.

71% with a target price of ₹ 108.00. The company has a 0.

00% promoter holding, 8.54% MF holding, & 8.42% FII holding as per filings in the september quarter.

The FII holding has increased from 8.32% in june to 8.42% in the september quarter.

PNB share price up 3.71% today to trade at ₹ 99.35 while its peers are mixed.

Its peers such as Kotak Mahindra Bank are falling today, but its peers Bank Of Baroda, Indusind Bank, Indian Overseas Bank are on the rise. Overall, benchmark indices Nifty & Sensex are up 0.79% & 1.

03% each respectively..