Punjab National Bank

Punjab National Bank : Share Price High 12% in 4 session on Q3 Success – What Investor need to do ?

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Punjab National Bank (PNB) has been making headlines with an impressive stock performance, marking its fourth consecutive session of gains and hitting a remarkable 52-week high. The surge is attributed to the bank’s robust Q3FY24 results and its strategic fundraising plan. However, despite these positive developments, brokerage firm Elara Securities has maintained a ‘sell’ call … Read more

PNB Board Approves ₹7,500 Crore Fund Raise through QIP/FPO in FY2024-25

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Punjab National Bank (PNB) is set to bolster its financial position as the board of directors greenlights a strategic move to raise ₹7,500 crore through Qualified Institutions Placement (QIP) or Follow-on Public Offer (FPO) during the fiscal year 2024-25. This significant decision aims to enhance the bank’s capital base and support its growth initiatives. Here … Read more