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Home Business & Finance

PNB shares dip put up This fall revenue bounce, dividend announcement — is that this the suitable time to purchase? Right here’s what prime brokerages say

swissnewshub by swissnewshub
8 May 2025
Reading Time: 2 mins read
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PNB shares dip put up This fall revenue bounce, dividend announcement — is that this the suitable time to purchase? Right here’s what prime brokerages say


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A day after asserting sturdy This fall FY25 outcomes and declaring a 145 per cent dividend, shares of Punjab Nationwide Financial institution (PNB) got here underneath stress on Thursday. The PSU financial institution’s inventory opened at Rs 95.80 on the BSE however slipped to an intraday low of Rs 93.40, regardless of a 52 per cent year-on-year bounce in quarterly revenue. The decline has triggered investor curiosity, is that this a great entry level for PNB shares? Here is what prime brokerages are recommending.

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