PNB Share Market Price Trends and Shareholding Details

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The Punjab National Bank (PNB) share market price has been a topic of interest for many investors. PNB's share price has shown a significant fluctuation over the years, with its lowest price being ₹12.92 in 2008.

In terms of market capitalization, PNB is one of the largest banks in India, with a market cap of over ₹1.5 lakh crore. This makes it a significant player in the Indian banking sector.

PNB's shareholding pattern is also worth noting, with the government holding a majority stake of around 85%. This gives the government a significant say in the bank's operations and decision-making.

Shareholding and Stocks

Promoters hold a significant 70.08% of Punjab National Bank's shareholding, while Foreign Institutional Investors (FIIs) have increased their holdings from 5.51% to 8.42% in September 2024.

The Central Government, through the President of India, has decreased its stake by a whopping amount, contributing to the decline in promoters' share from 73.15% to 70.08% in the same period.

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Here's a breakdown of the shareholding structure:

  • Promoters: 70.08%
  • FIIs: 8.42%
  • DII (Domestic Institutional Investors): 11.66%
  • Retail & others: 9.84%

In terms of stocks comparison, Punjab National Bank has a market cap of ₹1,21,814 crore, with a Price-to-Book (PB) ratio of 1.34. Its Return on Equity (ROE) is 7.81%, and Return on Assets (ROA) is 0.54%.

Shareholding

The shareholding structure of a company is a crucial aspect to understand. Promoters hold a significant 70.08% of the shares, while Foreign Institutional Investors (FII) have increased their holdings to 8.42% in September 2024.

Here's a breakdown of the shareholding structure:

  • Promoters: 70.08%
  • FII: 8.42%
  • DII (Domestic Institutional Investors): 11.66%
  • Retail & others: 9.84%

It's interesting to note that FII holdings have increased significantly, while Promoters have decreased their holdings. Specifically, Promoters' holdings have decreased from 73.15% to 70.08% in September 2024, with the Central Government (through the President of India) decreasing their stake by more than 73.15%.

Stocks

Let's take a look at the stocks of some major Indian banks. Punjab National Bank (PNB) has a market capitalization of ₹1,21,814 crore, which is significantly lower than HDFC Bank Ltd.'s ₹13,41,553 crore.

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The price-to-book (PB) ratio of PNB is 1.34, indicating that its stock price is lower than its book value. On the other hand, HDFC Bank Ltd. has a PB ratio of 2.41, which is relatively higher.

Here's a comparison of the key financial metrics of PNB, HDFC Bank Ltd., and ICICI Bank Ltd.:

PNB's share price has fluctuated with the Sensex, dropping by 0.44% when the Nifty dropped.

Percentage 58.6%

In the world of shareholding and stocks, understanding the percentage of ownership is crucial.

58.6% is a significant percentage that often holds sway in corporate decision-making.

This percentage is typically reserved for the largest shareholders, who wield considerable influence over the company's direction.

These major shareholders often have a say in key decisions, such as mergers and acquisitions, and major investments.

Their impact can be substantial, and it's not uncommon for them to shape the company's overall strategy.

Market Analysis

Punjab National Bank's stock appears to be in a downtrend, but as long as the price remains above 103.39, the uptrend might continue.

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The stock's price is currently above an important level of 103.39, which is a positive sign.

No recent bulk deals have affected the stock trend, indicating a stable market.

The stock has been moving in a flat line, suggesting a lack of significant movement in the market.

However, the stock is trading above weekly resistance, making a bullish prediction likely.

There's a good chance that the upwards movement will continue tomorrow as well, especially if the positive sentiment continues.

The market capitalization of Punjab National Bank is 121813.71, indicating a significant presence in the market.

Market Updates

As of January 3rd, 2025, Punjab National Bank's share price is at Rs.105.99.

The bank's share price has been on a rollercoaster ride, decreasing by 12.56% over the past 6 months.

In contrast, the share price has increased by 8.74% in the last one year.

The 52-week low for Punjab National Bank's share price was Rs.92.40, and the 52-week high was Rs.142.90.

You can see the impact of market fluctuations on PNB's share price in the following table:

PNB's share price has been trading between the key support and resistance levels of Rs.100.08 and Rs.102.52 on a daily timeframe.

Technical Analysis

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The technical analysis of Punjab National Bank's (PNB) share price is a crucial aspect of understanding its movement in the market.

According to the indicator analysis, the stock appears to be in a downtrend, but as long as the price remains above 103.39, the uptrend might continue.

The daily moving averages (DMA) of PNB show that the 5-day DMA is 102.82, while the 100-day DMA is 106.57.

The exponential moving average (EMA) of PNB indicates that the 5-day EMA is 103.39, while the 20-day EMA is 103.77.

The simple moving average (SMA) of PNB shows that the 5-day SMA is 102.82, while the 100-day SMA is 106.57.

The debt of PNB is 1451810.86 crores, which is a significant amount.

The monthly price targets for PNB are 103.47 and 107.94, according to the monthly price and charts analysis.

Here is a summary of the moving averages:

These moving averages can help us understand the trend and momentum of PNB's share price.

Frequently Asked Questions

What is the price target for PNB in 2025?

The estimated price target for PNB is between 95.00 INR and 135.00 INR, with a median estimate of 112.27 INR. Analysts' predictions suggest a potential price range for PNB in 2025.

Kristen Bruen

Senior Assigning Editor

Kristen Bruen is a seasoned Assigning Editor with a keen eye for compelling stories. With a background in journalism, she has honed her skills in assigning and editing articles that captivate and inform readers. Her areas of expertise include cryptocurrency exchanges, where she has a deep understanding of the rapidly evolving market and its complex nuances.

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