The headquarters of the government-owned Punjab & Sind Bank are in New Delhi, India. Having been founded in 1908, it is one of the nation’s oldest banks and has a large presence in India’s northern regions. Investors, dealers, and analysts all keep a careful eye on Punjab & Sind Bank’s share price, just like they do with many other banks. The bank has faced a number of difficulties recently, including an increase in non-performing assets, which has affected the value of its stock. This article will examine the elements that have influenced Punjab & Sind Bank’s share price in further detail and speculate on what the future may hold for this venerable financial institution.
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Contents
PUNJAB & SIND IN RECENT NEWS
- Get the latest information on fixed deposit rates offered by various banks and institutions, with Punjab & Sind Bank leading with the highest rates.
- Punjab & Sind Bank has shown a remarkable increase of 6.27%, continuing its upward trend for the third consecutive session.
- For the fifth consecutive session, Punjab & Sind Bank has experienced a decline, indicating a downward trend.
P&S BANK SHARE PRICE TARGET 2023
| P&S SHARE PRICE TARGET 2023 | Maximum Price | Minimum Price |
| February 2023 | ₹26.80 | ₹20.62 |
| March 2023 | ₹20.10 | ₹15.46 |
| April 2023 | ₹22.11 | ₹17.01 |
| May 2023 | ₹18.43 | ₹14.17 |
| June 2023 | ₹22.11 | ₹17.01 |
| July 2023 | ₹26.53 | ₹20.41 |
| August 2023 | ₹29.19 | ₹22.45 |
| September 2023 | ₹30.64 | ₹23.57 |
| October 2023 | ₹29.19 | ₹22.45 |
| November 2023 | ₹32.10 | ₹24.70 |
| December 2023 | ₹35.96 | ₹27.66 |
The share price prediction table for Punjab & Sind Bank in 2023 shows an upward trend, with the maximum price reaching ₹35.96 in December and the minimum price hovering around ₹20.62 in February. The growth percentage in the share price is expected to be bullish, with the maximum price expected to grow by 34.1% in December compared to February.
The uptrend is evident as the share price rises for three consecutive months from April to June, then again in July, August, and September. The share price also experiences a decline for two months, in March and May, but quickly bounces back in the following months.
The prediction indicates that the overall trend for P&S Bank share price in 2023 is bullish, with a growth percentage that suggests potential profitability for investors who buy in at lower prices. However, as with any stock, there are risks involved, and investors should do their due diligence before making any investment decisions.
P&S BANK SHARE PRICE TARGET 2024
| P&S BANK SHARE PRICE TARGET 2024 | Maximum Price | Minimum Price |
| January 2024 | ₹37.85 | 1037.03 |
| February 2024 | ₹42.53 | ₹35.44 |
| March 2024 | ₹44.76 | ₹36.39 |
| April 2024 | ₹40.70 | ₹31.30 |
| May 2024 | ₹33.91 | ₹26.09 |
| June 2024 | ₹40.70 | ₹31.30 |
| July 2024 | ₹34.59 | ₹26.81 |
| August 2024 | ₹38.05 | ₹30.20 |
| September 2024 | ₹39.95 | ₹30.73 |
| October 2024 | ₹47.00 | ₹36.16 |
| November 2024 | ₹49.35 | ₹37.96 |
| December 2024 | ₹50.34 | ₹38.72 |
The share price prediction table for Punjab & Sind Bank in 2024 shows a mixed trend, with the maximum price reaching ₹50.34 in December and the minimum price hovering around ₹26.09 in May. The maximum price target for 2024 is higher than that of 2023, indicating potential growth for the bank. However, the minimum price target is also lower than the previous year, suggesting a potential downside risk for investors.
The maximum and minimum price targets indicate a growth percentage range of 93.2% to -88.7% compared to the maximum and minimum price targets of 2023, indicating higher volatility in the stock. The share price experiences a significant rise in January, February, and March, followed by a sharp decline in April and May. It then shows a slight uptrend for the next three months before experiencing another decline in September.
The maximum price target for October and November is relatively high, indicating potential growth for the bank during this period. However, as with any stock, there are risks involved, and investors should exercise caution before making any investment decisions. Overall, the maximum and minimum share price targets for 2024 suggest a mixed trend, with the potential for both growth and downside risk in the stock.
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P&S BANK SHARE PRICE TARGET 2025
| P&S BANK SHARE PRICE TARGET 2025 | Maximum Price | Minimum Price |
| January 2025 | ₹51.35 | ₹39.50 |
| February 2025 | ₹54.05 | ₹41.58 |
| March 2025 | ₹56.75 | ₹43.66 |
| April 2025 | ₹50.67 | ₹38.98 |
| May 2025 | ₹46.06 | ₹35.43 |
| June 2025 | ₹50.67 | ₹38.98 |
| July 2025 | ₹48.26 | ₹37.12 |
| August 2025 | ₹50.27 | ₹38.67 |
| September 2025 | ₹52.78 | ₹40.60 |
| October 2025 | ₹55.95 | ₹43.04 |
| November 2025 | ₹59.87 | ₹46.05 |
| December 2025 | ₹61.06 | ₹46.97 |
The share price prediction table for Punjab & Sind Bank in 2025 indicates a bullish trend, with the maximum price target reaching ₹61.06 in December and the minimum price target hovering around ₹35.43 in May. The maximum price target is significantly higher than that of the previous year, indicating potential growth for the bank.
However, the minimum price target is also higher, suggesting a reduced downside risk for investors. The maximum and minimum price targets indicate a growth percentage range of 72.8% to -28.9% compared to the maximum and minimum price targets of 2024, indicating slightly lower volatility in the stock.The share price shows an overall uptrend in the first quarter, with the maximum price target reaching ₹56.75 in March.
It then experiences a slight decline in April and May before resuming an uptrend for the rest of the year. The maximum price targets for October, November, and December are relatively high, indicating potential growth for the bank during this period. However, as with any investment, there are risks involved, and investors should exercise caution before making any investment decisions.
P&S BANK SHARE PRICE TARGET 2026 TO 2030
| P&S BANK SHARE PRICE TARGET BY | Maximum Price | Minimum Price |
| 2026 | ₹42.74 | ₹29.92 |
| 2027 | ₹36.33 | ₹25.43 |
| 2028 | ₹65.40 | ₹45.78 |
| 2029 | ₹134.34 | ₹94.04 |
| 2030 | ₹149.61 | ₹104.72 |
Looking ahead, the P&S Bank share price target for 2026 to 2030 is expected to be highly volatile based on the historical trends. According to the given data, the maximum share price target for 2026 is ₹42.74 and the minimum target is ₹29.92. In 2027, the maximum and minimum targets are ₹36.33 and ₹25.43, respectively.
The share price target is expected to be bullish in 2028, with a maximum of ₹65.40 and a minimum of ₹45.78. In 2029, the share price target is predicted to be even more bullish, with a maximum of ₹134.34 and a minimum of ₹94.04.
Finally, in 2030, the maximum target is estimated to be ₹149.61 and the minimum target is ₹104.72. Investors should keep in mind that the share prices can be influenced by various factors, such as the economic situation, government policies, and company performance. Therefore, it is important to stay informed and make investment decisions accordingly.
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FINANCIAL STRENGTH OF P&S BANK (2018 TO 2022)
| ANNUAL | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
| Total Income | 8,055.19 | 7,876.72 | 8,826.92 | 9,386.95 | 8,529.95 |
| Total Income Growth (%) | 2.27 | -10.76 | -5.97 | 10.05 | -2.53 |
| Provisions & Contingencies | 291.04 | 3,504.12 | 2,087.71 | 1,940.34 | 1,888.51 |
| Provisions & Contingencies Growth (%) | -91.69 | 67.84 | 7.60 | 2.74 | 81.45 |
| Profit after Tax (PAT) | 1,039.05 | -2,732.90 | -990.80 | -543.48 | -743.80 |
| PAT Growth (%) | – | – | – | – | -469.89 |
| Net Interest Margin (%) | 2.18 | 2.04 | 2.04 | 2.09 | 1.96 |
| Net Profit Margin (%) | 14.64 | -39.18 | -12.49 | -6.35 | -9.35 |
| Basic EPS (₹) | 2.56 | -35.71 | -15.76 | -9.62 | -13.16 |
P&S Bank’s financial statement for the past five years shows a mix of growth and decline. The bank’s total income has been fluctuating, with a maximum of ₹9,386.95 crores in FY 2019 and a minimum of ₹7,876.72 crores in FY 2021. The bank has seen a revenue growth of 2.27% in FY 2022, while the previous year recorded a decline of 10.76%. The provisions and contingencies of the bank have also varied from a maximum of ₹3,504.12 crores in FY 2021 to a minimum of ₹291.04 crores in FY 2022.
However, the provisions and contingencies growth rate has been inconsistent, with a significant decline of 91.69% in FY 2022 after a surge of 67.84% in FY 2021. The bank’s profit after tax (PAT) has been in the negative for the past four years, except for FY 2022, which recorded a PAT of ₹1,039.05 crores. The bank has seen a profit growth rate of -469.89%, and its net profit margin has been consistently negative.
The bank’s basic earnings per share (EPS) have also been in the negative for the past four years, except for FY 2022, which recorded an EPS of ₹2.56. Despite the mixed results, the bank has seen an increase in its net interest margin from 1.96% in FY 2018 to 2.18% in FY 2022. Overall, P&S Bank has been struggling with its profit and loss statements, with inconsistent revenue growth and a decline in profits in the past few years.
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FAQ’s
What is P&S Bank?
It is Punjab & Sind Bank.
What is the financial performance of P&S Bank in the last five years?
In the last five years, P&S Bank has experienced fluctuations in its financial performance, with a decrease in revenue and profit in some years and an increase in others. There was a significant decrease in PAT in the year 2021.
The maximum share price target of P&S Bank in 2030 is Rs.149.61
CONCLUSION: P&S BANK
The company seems to have had a mixed success during the last five years, according to P&S Bank’s financial disclosures. The company has experienced difficulties with provisions and contingencies as well as profit after tax, despite modest growth in total income and net interest margin. Although there was a good growth in FY 2022, PAT has been declining for the previous four years, and it is uncertain whether this trend would continue.
It is difficult to determine for sure at this point whether P&S Bank shares are a smart investment given these concerns. More investigation and analysis would be required by potential investors, taking into account elements like market trends, competition, and the strategic goals of the organisation.
