PNB Stock Analysis: Punjab National Bank Share Performance & Investment Outlook
Punjab National Bank (PNB) is one of India’s largest public sector banks, operating across corporate, retail and international banking. This PNB stock analysis provides an overview of its business profile, recent share price performance, technical indicators and fundamentals. We also discuss the investment outlook, including analyst ratings, key metrics and FAQs to help investors understand the Punjab National Bank share performance.
Company Profile
Punjab National Bank, founded in 1895, is a major public sector bank in India0. It offers a wide range of banking and financial services – including retail banking, corporate lending, international banking and treasury operations1. In 2020, PNB merged with Oriental Bank of Commerce and United Bank of India to strengthen India’s public banking sector2. The Government of India remains the majority owner (~70% stake)3. Key executives include non-executive chairman K.G. Ananthakrishnan and MD & CEO Atul Kumar Goel4.
PNB Stock Performance
The PNB stock closed at ₹110.18 on June 6, 2025, up +1.06% on the day5. It has traded in a 52-week range of ₹85.46–₹130.196. The day’s volume was about 5.08 crore shares7, with a VWAP (volume-weighted average price) around ₹110.298. PNB’s market capitalisation is roughly ₹1.26 lakh crore9. Over the past year the stock is down ~10.6%10, while it has gained about +41.1% over the last three years11. Recent performance breakdown:
| Period | Return |
|---|---|
| 1 Week | +7.27%12 |
| 1 Month | +16.96%13 |
| 1 Year | -10.57%14 |
| 3 Years | +41.12%15 |
Investment Potential
- Analyst Ratings: According to Trendlyne, all five analysts covering PNB have Buy recommendations16. The average 12-month price target is ₹132.40, implying about 20.2% upside from current levels17.
- Mutual Fund Holdings: Several top mutual funds hold PNB stock. For example, UTI Arbitrage Fund holds ~2.31%, SBI Contra Fund ~1.92%, SBI Balanced Advantage Fund ~1.60%, SBI Long Term Equity Fund ~0.98%, and SBI Arbitrage Fund ~0.71% of their portfolios in PNB18.
- Sector Comparison: PNB’s performance trails that of many large banks. For instance, ICICI Bank gained ~31% last year, outperforming PNB by ~43 percentage points19. The state-run bank peers have had mixed results (SBI and Bank of Baroda roughly flat, Union Bank up modestly, etc20). The broader NIFTY Bank index has risen ~14.8% over 1 year21, highlighting PNB’s relative underperformance.
| Top Mutual Funds holding PNB | PNB in Fund (%) |
|---|---|
| UTI Arbitrage Fund - Direct Growth | 2.31%22 |
| SBI Contra Fund - Direct Growth | 1.92%23 |
| SBI Balanced Advantage Fund - Direct Growth | 1.60%24 |
| SBI Long Term Equity Fund - Direct Growth | 0.98%25 |
| SBI Arbitrage Opportunities Fund - Direct Growth | 0.71%26 |
Technical Analysis Summary
TradingView’s technical summary labels PNB as Neutral on moving averages27. However, short-term momentum looks favorable: the 1-week outlook is “Strong Buy” and the 1-month outlook is “Buy”28. Key intraday pivot levels (Classic pivots) for PNB are: Pivot Point ~₹110.09, with resistances at ~₹111.89 (R1), 113.59 (R2), 115.39 (R3) and supports at ~₹108.39 (S1), 106.59 (S2), 104.89 (S3)29.
| Technical Level | Value (₹) |
|---|---|
| Pivot Point | 110.0930 |
| Resistance 1 | 111.8931 |
| Resistance 2 | 113.5932 |
| Resistance 3 | 115.3933 |
| Support 1 | 108.3934 |
| Support 2 | 106.5935 |
| Support 3 | 104.8936 |
Fundamental Overview
- Market Cap: ~₹1.26 lakh crore37.
- Latest Dividend: The board has recommended a dividend of ₹2.90 per share (145% of face value) for FY2024-25, subject to AGM approval38.
- Fundraising: PNB plans to raise up to ₹8,000 crore in FY2025-26 via Basel III-compliant bonds (₹4,000 Cr each of AT1 and Tier-II bonds)39.
- Recent Results: In Q4 FY2024-25, PNB reported a standalone net profit of ₹4,567 crore, up 51.7% YoY40. The bank’s net interest income and margins also improved (NIM ~2.81% in Q4, 2.93% for FY25)41.
- Other Metrics: PNB’s valuation is attractive (P/E ~6.85x, P/B ~1.00x42). Its capital adequacy ratio is ~17%, and total assets grew to ₹18.58 lakh crore in FY25 (up ~16.2% YoY)43.
Frequently Asked Questions
- Is PNB a good stock to buy? Most analysts have a positive view, with 100% Buy ratings and an average price target around ₹132 (≈20% upside)44. Long-term returns have been strong (over +41% in 3 years45), though recent performance lags some peers. Investors should consider current valuations, dividends and sector trends before deciding.
- How has the PNB share price moved recently? PNB stock has rallied ~7.3% over the past week and ~17.0% in the last month46. It remains about 19% below its 52-week high (₹130.19)47. Current trading volume is healthy, and technical indicators are signaling bullish momentum.
- What are PNB’s key fundamentals? PNB is a large PSU bank (market cap ~₹1.26 lakh Cr48) with an ROE around 14%49. The bank declared a ₹2.90/share dividend for FY2550 and is raising additional capital via bonds51. Its net interest margin (~2.8%) and capital adequacy (~17%) are strong, and its loan asset quality has been improving.
- Where can I track real-time PNB data? Live quotes and charts are available on financial platforms (e.g. NSE India, Moneycontrol, TradingView). For example, TradingView reports PNB at ₹110.18 (+1.06%) as of June 6, 202552.
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