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Punjab & Sind Bank eases for fifth straight session

23-Dec-24 13:35 Hrs IST

Punjab & Sind Bank fell for a fifth straight session today. The stock is quoting at Rs 48.44, down 0.6% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.4% on the day, quoting at 23682.349609375. The Sensex is at 78309.92, up 0.34%.Punjab & Sind Bank has eased around 0.78% in last one month.Meanwhile, Nifty PSU Bank index of which Punjab & Sind Bank is a constituent, has eased around 1.87% in last one month and is currently quoting at 6575.7, up 1.17% on the day. The volume in the stock stood at 7.17 lakh shares today, compared to the daily average of 12.73 lakh shares in last one month.

The PE of the stock is 48.74 based on TTM earnings ending September 24.

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