Is PNB a good buy now?
As on 20th May 2022 PNB Share Price closed @ 29.95 and we RECOMMEND Strong Sell for LONG-TERM with Stoploss of 38.62 & Strong Sell for SHORT-TERM with Stoploss of 34.78 we also expect STOCK to react on Following IMPORTANT LEVELS.
Is PNB undervalued?
Is Punjab National Bank undervalued or overvalued? The key valuation ratios of Punjab National Bank’s currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone.
Is PNB still in Ban?
PNB, Escorts continue to be part of NSE’s F&O ban stock list for today. Two stocks have been put under the ban for trade on Tuesday, February 2, 2022 under the futures and options (F&O) segment by the National Stock Exchange (NSE).
Is PNB good for long term?
Punjab National Bank has outperformed its peers on all important parameters including growth, asset quality and margins. Investors should consider it for long-term investment. Punjab National Bank (PNB) is always counted among the best banks in India.
Is it safe to buy PNB shares now?
No ways! If you value your money, you should stay away from investing in Punjab National bank shares and for that matter all other PSU banks. In fact, you should even be wary of keeping fixed deposits in these banks.
What is the intrinsic value of PNB?
As of today (2022-05-18), Punjab National Bank’s Intrinsic Value: Projected FCF is ₹78.04. The stock price of Punjab National Bank is ₹29.95.
Which is the best PSU bank in India?
Best Public Sector (PSU) Banks in India 2022
|List of PSU Banks||Number of Branches|
|State Bank of India (SBI)||24000|
|Punjab National Bank (With Merger of Oriental Bank of Commerce and United Bank of India)||11437|
|Bank of Baroda (With Merger of Dena Bank & Vijaya Bank)||8581|
|Canara Bank (With Merger of Syndicate Bank)||10391|
Which bank is best PNB or BOI?
Punjab National Bank scored higher in 7 areas: Overall Rating, Career Opportunities, Compensation & Benefits, Senior Management, CEO Approval, % Recommend to a friend and Positive Business Outlook. Bank of India scored higher in 1 area: Work-life balance. Both tied in 1 area: Culture & Values.
What happened to PNB?
On 29 January 2018, PNB lodged a FIR with CBI stating that fraudulent LoUs worth Rs 2.8 billion (Rs 280.7 crore) were first issued on 16 January. In the complaint, PNB had named three diamond firms, Diamonds R Us, Solar Exports and Stellar Diamonds. As of 18 May 2018, the scam has ballooned to over Rs 14,000 crore.