With a long history spanning more than 125 years, Punjab National Bank (PNB) is one of India’s largest public sector banks. The bank has recently been in the news because of the stock market volatility in the price of its shares. Investors, traders, and analysts are all interested in learning more about the PNB share price. There has been tremendous change in the share price in recent months, and there is much conjecture regarding the share price objective for PNB.
In this piece, we’ll look at the recent market patterns, examine the variables that have influenced the price of PNB shares, and offer some insights on where the price of PNB shares may go in the future.
PNB IN RECENT NEWS
- The third-quarter results of PNB show a 44% decline in net profit to Rs 629 crore, which is lower than the estimates of analysts.
- According to the Managing Director of PNB, the bank has an exposure of Rs 7,000 crore to the Adani Group.
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PNB SHARE PRICE TARGET 2023
|PNB SHARE PRICE TARGET 2023||Maximum Price||Minimum Price|
Looking at the predicted prices, there is a significant growth percentage projected for PNB throughout the year. While the share price in February is expected to be in the range of Rs. 38.38 to Rs. 49.90, it is expected to reach a maximum of Rs. 66.95 and a minimum of Rs. 51.50 by December 2023.
The projections suggest that PNB’s share price is likely to follow an uptrend with a bullish outlook for the year. Investors who are looking to invest in PNB shares could benefit from this trend if they make informed decisions and invest wisely.
However, it is important to keep in mind that these projections are based on various market and economic factors, which can be subject to change. Therefore, investors should conduct thorough research, analyze market trends, and keep a close eye on the company’s financial performance and management before making any investment decisions.
PNB SHARE PRICE TARGET 2024
|PNB SHARE PRICE TARGET 2024||Maximum Price||Minimum Price|
The projected maximum and minimum share prices for PNB in 2024 are expected to show a positive trend with significant growth potential. The minimum and maximum share prices for PNB in January 2024 are expected to be Rs. 1037.03 and Rs. 70.47, respectively. From there, the projections suggest that the share price will follow an uptrend, reaching a maximum of Rs. 93.73 and a minimum of Rs. 72.10 by December 2024.
Looking at the projected prices, it is evident that there is a bullish outlook for PNB’s share price in 2024. While there may be fluctuations and market risks involved, the overall trend seems positive, indicating a growth potential for investors. However, investors should conduct thorough research and analysis of the market and the company’s financials before making any investment decisions.
The projected maximum and minimum share prices indicate that there is a significant potential for growth in PNB shares, making it an attractive option for investors who are looking for long-term investment opportunities.
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PNB SHARE PRICE TARGET 2025
|PNB SHARE PRICE TARGET 2025||Maximum Price||Minimum Price|
PNB share price target for 2025 shows a positive trend with the share price expected to reach a maximum of ₹113.70 and a minimum of ₹73.54. The table indicates that the share price is expected to continue its growth in the coming years. The bullish trend in the market is expected to keep PNB’s share price on an uptrend throughout 2025.
The maximum price target for August 2025 is predicted to be ₹93.60, with a minimum target of ₹72.00. The upward trend is expected to continue in September, with the maximum price predicted to reach ₹98.28 and a minimum of ₹75.60. The share price is expected to close the year at a maximum of ₹113.70 and a minimum of ₹87.46, indicating a positive outlook for the future.
PNB SHARE PRICE TARGET 2026 TO 2030
|PNB SHARE PRICE TARGET BY||Maximum Price||Minimum Price|
According to the above table, the PNB share price target for the years 2026 to 2030 is showing a mixed trend. The maximum price for the year 2026 is projected to be ₹79.59, while the minimum price is expected to be ₹55.71. This indicates a slight decrease compared to the previous years.
However, the share prices are predicted to recover in the following years. In 2028, the maximum price is expected to be ₹121.77, which is significantly higher than the previous years. The year 2029 shows an even more bullish trend with a maximum price projection of ₹250.13.
By the year 2030, the maximum price target is expected to reach ₹278.56. Despite the fluctuations, the overall trend suggests an uptrend for PNB share prices in the coming years, indicating a potential for growth and profitability for investors.
FINANCIAL STRENGTH OF PNB (2018 TO 2022)
|ANNUAL||FY 2022||FY 2021||FY 2020||FY 2019||FY 2018|
|Total Income Growth (%)||-7.00||47.72||8.05||3.31||0.67|
|Provisions & Contingencies||17,349.68||21,518.07||14,794.83||23,196.01||23,019.55|
|Provisions & Contingencies Growth (%)||-19.37||45.44||-36.22||0.77||63.51|
|Profit after Tax (PAT)||3,860.74||2,561.97||438.45||-9,570.12||-12,130.06|
|PAT Growth (%)||70.78||492.40||–||–||-1,496.51|
|Net Interest Margin (%)||2.19||2.42||2.10||2.21||1.95|
|Net Profit Margin (%)||5.06||3.12||0.79||-18.35||-24.89|
|Basic EPS (₹)||3.53||2.64||0.80||-29.68||-54.71|
According to the financial statements of Punjab National Bank (PNB) for the last five years, there has been significant growth in certain areas while some have seen a decline. The total income for FY 2022 decreased by 7% as compared to the previous year. However, it witnessed a growth of 47.72% in FY 2021.
The provisions and contingencies also decreased by 19.37% in FY 2022, but the growth was 45.44% in FY 2021. In terms of profit after tax (PAT), PNB has shown significant growth, with a PAT growth of 70.78% in FY 2022 and 492.40% in FY 2021. The net interest margin has been steady, with a slight decline in FY 2021.
The net profit margin also increased from 0.79% in FY 2020 to 5.06% in FY 2022. Basic EPS has increased from ₹2.64 in FY 2021 to ₹3.53 in FY 2022. Overall, the company has shown growth in terms of revenue and profit, with a decrease in provisions and contingencies. However, there has been a decline in some areas like net interest margin and basic EPS.
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What is PNB?
PNB stands for Punjab National Bank, which is a leading public sector bank in India.
The maximum share price target of PNB in 2027 is Rs. 67.65
The maximum share price target of PNB in 2030 is Rs. 278.56.
The last five years’ worth of financial data show that PNB’s performance has been inconsistent. The bank has experienced huge losses in the past, despite the fact that revenue growth and profit growth have significantly improved over time. PAT growth has been quite erratic, with a significant decline in FY2019.
The bank, however, shown an impressive comeback in FY2021 and a significant rise in FY2022. Also, the bank has improved its risk management as seen by the decline in provisions and contingencies over time. Investors should be encouraged by the overall appearance of improvement in PNB’s financial situation. Potential investors should do their own research and consider all relevant factors before making an investing decision, though.