Punjab National Bank shares have surged in the last two sessions after the PSU lender reported a 214% year-on-year jump in Q1 FY27 net profit to Rs 5,253 crore, prompting bullish brokerage calls. Net interest income rose 2% to Rs 10,798 crore.
Punjab National Bank shares have surged in the last two sessions after the PSU lender reported a 214% year-on-year jump in Q1 FY27 net profit to Rs 5,253 crore, prompting bullish brokerage calls. Net interest income rose 2% to Rs 10,798 crore.
<iframe src="https://hindustansphere.com/embed/cluster/0d4ef33837d9ba6871006912a9b35f4c48a68800" width="100%" height="320" style="border:0;max-width:680px" loading="lazy" title="PNB shares jump 7% in 2 days after Q1 earnings. Should you buy, sell or hold?"></iframe>
Shares of Punjab National Bank (PNB) extended gains on Tuesday, rising over 7% in two sessions following the PSU lender's strong Q1 earnings that led to bullish brokerage calls.Shares of the company rose to Rs 113.38 apiece today, the highest level seen in nearly three months. The lender on Saturday reported a 214% YoY surge in Q1 FY27 net profit to Rs 5,253 crore, while net interest income (NII) rose 2% YoY to Rs 10,798 crore.The PSU bank’s return on assets (RoA) increased to 1.04% in Q1 FY27 …
