Will PNB shares rise after merger?

What is the future of PNB Bank share?

As on 9th Jul 2021 PNB Share Price closed @ 41.00 and we RECOMMEND Strong Buy for LONG-TERM with Stoploss of 35.64 & Buy for SHORT-TERM with Stoploss of 39.77 we also expect STOCK to react on Following IMPORTANT LEVELS.

PNB Share Price.

PNB CURRENT MONTH FUTURE
Close 41.20
Open Intrest 318000000
Change In O.I -0.59 %
Lot Size 16000

Is PNB share worth buying 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.

Will PNB shares rise?

PNB is trading in the lower range of yearly prices. PNB is trading in the upper range of the quarterly prices.

Upside intraday target 41.58
Upside intraday target 41.64
Downside short term target 40.64
Downside mid term target 39.28
Downside long term target 35.94

Why are PNB shares rising?

PNB Housing Finance share ended 20% higher today after the firm’s board approved a proposal to raise up to Rs 4,000 crore by issuing equity shares and convertible warrants to entities led by PE firm Carlyle Group and Aditya Puri’s Salisbury Investments. The stock touched an intraday high of Rs 525.2, rising 19.99%.

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Should I buy Yes Bank share?

Yes Bank’s share price has nearly halved in the past one year, but analysts don’t recommend investors to ‘buy. ‘ Even at ₹13.55 per share, there’s a chance that the stock is overvalued.

Brokerage Target Price Recommendation
ICICI Securities ₹ 15 Sell
Emkay Global ₹10 Sell
Nirmal Bang ₹12 Sell
Kotak Securities ₹12 Sell

Which is best share to invest now?

Top Companies in India by Investments – BSE

Sr Company Change
1 SBI Add to Watchlist Add to Portfolio 2.10
2 HDFC Bank Add to Watchlist Add to Portfolio -17.05
3 PNB Add to Watchlist Add to Portfolio -0.10
4 Reliance Add to Watchlist Add to Portfolio 7.70

Will PNB recover?

In current quarter, the bank expects substantial recovery from DHFL, although there are some issues lingering at NCLAT, Rao said. Overall recovery in April-June would be around Rs 8,000 crore-Rs 10,000 crore. The bank has already realised Rs 3,000 crore, he said.

Is PNB a loss?

The net loss of the bank was significantly lower than a loss of Rs 4,750 crore in Q4FY19. In the third quarter of 2019-20, PNB’s net loss stood at Rs 492 crore.

What will happen to PNB share after merger?

Punjab National Bank (PNB) will merge with United Bank of India and Oriental Bank of Commerce (OBC) to create the largest bank in the country after State Bank of India (SBI). PNB will issue 121 shares for 1,000 shares of United Bank of India and 1,150 shares for 1,000 shares of OBC.

Does PNB give dividend?

The company has a good dividend track report and has consistently declared dividends for the last 5 years.

Punjab National Bank.

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Announcement Date 08-05-2015
Ex-Date 22-06-2015
Dividend (%) 165
Dividend (Rs) 0.00
Remarks Rs.3.3000 per share(165%)Dividend

Is PNB in F&O ban?

It also shows whether a stock is in Ban List or has chances of a possible entry in the near future. Before we move ahead, let us clear up the concepts of Ban List and MWPL.

All.

NATIONALUM 111.01 108.13
PNB 93.84 98.16
CADILAHC 86.40 88.47
SAIL 85.10 87.69
IDEA 85.76 86.93

Is PNB good bank?

Punjab National Bank is an Indian financial services company based in New Delhi, India about 5,000 branches across 764 cities. It serves over 37 million customers. The bank has been ranked 248th biggest bank in the world by the Bankers’ Almanac.

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