NSE: PNB | BSE: 532461

Strong Performer, Under Radar

Download real time

117.81 0.24 (0.20%)

37.85% Gain from 52W Low

9.6M NSE+BSE Volume

NSE 12 Dec, 2025 3:31 PM (IST)

135,398.4

Market Cap

Below industry Median

Beta 1Year

High Volatility

Punjab National Bank share price target and research reports

Latest analyst research reports with target prices and PDF download for PNB, BSE:532461 Punjab National Bank

Punjab National Bank

07 Aug 2021

117.81

0.20%

PUNJAB NATIONAL BANK

Hold: Punjab National Bank

Geojit BNP Paribas

With synergies coming in post amalgamation and improvement in efficiencies, the Bank was able to deliver a decent operational performance. However, asset quality still remains a concern considering high exposure to Agri and MSME sectors. Hence, with a cautious view on outlook, we reiterate our HOLD rating on the stock with a revised target price of Rs. 42 based on 0.4x FY23E P/BV. Significant cost reduction support margins For Q1FY22, Interest Income dropped 8.3% YoY to Rs. 18,921cr as yield from advances...

Punjab National Bank has an average target of 136.20 from 5 brokers.

Punjab National Bank

03 Aug 2021

117.81

0.20%

Q1FY22 Result Update - Gradually looking better; upgrade to BUY

Buy: Punjab National Bank

Recommendation Target

Prabhudas Lilladhar

PNB earnings were higher than estimates at Rs10.2bn (PLe: Rs6.1bn) on back of better set of operating internals i.e NII growth of 7% YoY & de-growth in opex by 8% YoY drove PPOP by 15% YoY/8% QoQ. Provisions still remain high with annualized rate of 2.5% of loans but given the context of COVID, it has done better than private peers and maintained PCR of 63% (80% incl. technical w.offs). Although, slippages of Rs82bn remain on higher side and...

Punjab National Bank has an average target of 136.20 from 5 brokers.

Punjab National Bank

11 Feb 2021

117.81

0.20%

PUNJAB NATIONAL BANK

Hold: Punjab National Bank

Target

Geojit BNP Paribas

Credit cost stood at 2.05%, however on a pro forma basis, the credit cost was ~2.5% at the end of the quarter. Guidance ~1.25%-1.50% for credit cost in FY22 been given by the management. Given the increasing default rates, uncertainty around asset quality post amalgamation, we continue to remain cautious on the stock in the...

Number of FII/FPI investors increased from 660 to 667 in Sep 2025 qtr.

Punjab National Bank

28 Aug 2020

117.81

0.20%

PUNJAB NATIONAL BANK

Hold: Punjab National Bank

Geojit BNP Paribas

With amalgamation of Oriental Bank of Commerce and United Bank of India on course, gross loans and advances rose 55.6% YoY and deposits increased 59.8% YoY during the quarter. Net interest income was up 63.0% YoY to Rs. 6,748cr on expansion in yields of investments and advances. GNPA/NNPA improved to 14.1%/5.4% vs. 15.5%/5.5% in Q1FY20. Short-term uncertainty in the economy may lead to higher NPAs and continue to put pressure on PNB's performance in the near-term. We...

Punjab National Bank is trading below its 30 day SMA of 121.9

Punjab National Bank

24 Aug 2020

117.81

0.20%

PNB

Hold: Punjab National Bank

Recommendation Target

Sharekhan

Punjab National Bank (PNB) posted largely in line with expectations results for Q1FY2021. Net interest income (NII) and PPoP came in line with expectations, but asset-quality performance was mixed. During the quarter, the bank had reported on amalgamated basis (erstwhile OBC and UBI merged in PNB) and, hence, priorperiod reported performance is not strictly comparable. As of Q1FY2021, the bank had an elevated 29.2% (in value terms) of accounts under moratorium (which comprise borrowers who have missed two or more EMIs). The moratorium book has not declined on a sequential basis (most other peers have reported a decline) and, hence, is a dampener. On a restated comparable basis, amalgamated NII was flat...

Punjab National Bank has an average target of 136.20 from 5 brokers.

Punjab National Bank

01 Aug 2019

117.81

0.20%

PNB

Buy: Punjab National Bank

Target

Sharekhan

Punjab National Bank (PNB) reported weak quarterly numbers but lower provisions aided profitability. In absolute terms, GNPA and NNPA were stable but in percentage terms, they deteriorated due to muted advances. Net interest income (NII) declined by 11.7% y-o-y driven by muted loan growth and a decline in margins. However, by virtue of lower provisions (declined by 65% y-o-y) PNB reported a net profit of Rs. 1018.6 crore. While the overall loan book de grew by 8% q-o-q, the management's guidance of 10% loan growth for FY20E looks achievable,...

Punjab National Bank is trading above its 200 day SMA of 107.0

Punjab National Bank

27 Jul 2019

117.81

0.20%

Modest operating performance; Lower provisions aid earnings

Neutral: Punjab National Bank

Target

Motilal Oswal

Modest operating performance; Lower provisions aid earnings Motilal Oswal values your support in the Asiamoney Brokers Poll 2019 for...

Punjab National Bank is trading above its 200 day SMA of 107.0

Punjab National Bank

29 May 2019

117.81

0.20%

Elevated provisions to remain a drag on earnings

Neutral: Punjab National Bank

Motilal Oswal

bank reported full-year loss of INR99.8b (v/s loss of INR122.8b in FY18). Other income grew 21%/4% YoY/QoQ in a seasonally strong quarter to INR18.9b, driving 32% YoY growth in total income. Opex increased 7% QoQ to INR32.3b, resulting in PPoP of INR28.6b (-8% QoQ). CI ratio stood at 53%. Loan growth stood at 5.7% YoY/5.5% QoQ, driven by growth of 21.7% YoY in retail loans. Within retail, home loans grew 25.4% YoY. Deposit base increased 5.3% YoY, led by 8.3% YoY growth in CASA deposits. The CASA mix, thus, stood at 43.5% (v/s 43.4% in 3QFY19)....

Punjab National Bank is trading above its 200 day SMA of 107.0

Punjab National Bank

04 Apr 2019

117.81

0.20%

PNB

Buy: Punjab National Bank

Sharekhan

on the accounting treatment by the bank of the one-off amount. However, irrespective of the accounting treatment, we believe the development is positive for the bank. Post the...