Punjab & Sind Bank Share Price – NSE /  BSE

Banks, Small Cap

The board of directors of the bank authorized and declared the opening of the issue on Monday, 24 March 2025.

The floor price of Rs 40.38 is at a discount of 9.42% to the scrip?s previous closing price of Rs 44.58 on the BSE.

The bank may offer a discount of not more than 5% on the floor price so calculated for the issue. The issue price will be determined by the bank in consultation with the book-running lead manager appointed for the issue.

Punjab and Sind Bank is a leading public sector bank and a major bank in northern India. The bank provides customer service through innovative products and services for different customer segments.

The company?s standalone net profit surged 146.7% to Rs 281.96 crore in Q3 FY25 as compared with Rs 114.31 crore in Q3 FY24. Total income jumped 14.6% YoY to Rs 3,269.37 crore in Q3 FY25.

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Punjab & Sind Bank is up for a third straight session today. The stock is quoting at Rs 41.24, up 1.88% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.51% on the day, quoting at 22451.5. The Sensex is at 74122.32, up 0.53%. Punjab & Sind Bank has slipped around 12.05% in last one month.

Meanwhile, Nifty PSU Bank index of which Punjab & Sind Bank is a constituent, has slipped around 4.21% in last one month and is currently quoting at 5890.45, up 0.77% on the day. The volume in the stock stood at 2.99 lakh shares today, compared to the daily average of 8.04 lakh shares in last one month.

The PE of the stock is 32.69 based on TTM earnings ending December 24.

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Infomerics Ratings stated that the rating continues to derive strength from sovereign ownership with continued support, adequate capitalisation, diversified loan book and improvement in earnings profile over the years.

However, the ratings are constrained by moderate asset quality albeit improving, moderate resource profile, relatively moderate size & geographically concentrated operations.

The credit rating agency expects outlook to remain stable on the expectations of continued support from the Government of India (GoI), growth in advances, healthy resource profile, comfortable capitalization levels and improvement in asset quality.

The agency further said that a substantial growth in advances and deposits, profitability, and capitalization levels of the bank and substantial improvement in asset quality.

However, any weakening of linkages with Government of India (GoI), any major increase in slippage leads to weakening of asset quality, thereby impacting the earnings profile or any material decline in overall capital adequacy ratios below the current level could lead to negative rating action.

Punjab and Sind Bank (PSB) is a mid-sized corporate-focused public sector bank based out of New Delhi that operates through a network of 1,584 branches as on 31 December 2024 with branch concentration in north India. The Government of India’s (GOI) shareholding in the bank stood at 98.25% as on 31 December 2024.

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Punjab & Sind Bank is up for a third straight session today. The stock is quoting at Rs 41.24, up 1.88% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.51% on the day, quoting at 22451.5. The Sensex is at 74122.32, up 0.53%. Punjab & Sind Bank has slipped around 12.05% in last one month.

Meanwhile, Nifty PSU Bank index of which Punjab & Sind Bank is a constituent, has slipped around 4.21% in last one month and is currently quoting at 5890.45, up 0.77% on the day. The volume in the stock stood at 2.99 lakh shares today, compared to the daily average of 8.04 lakh shares in last one month.

The PE of the stock is 32.69 based on TTM earnings ending December 24.

Powered by Capital Market - Live News

Infomerics Ratings stated that the rating continues to derive strength from sovereign ownership with continued support, adequate capitalisation, diversified loan book and improvement in earnings profile over the years.

However, the ratings are constrained by moderate asset quality albeit improving, moderate resource profile, relatively moderate size & geographically concentrated operations.

The credit rating agency expects outlook to remain stable on the expectations of continued support from the Government of India (GoI), growth in advances, healthy resource profile, comfortable capitalization levels and improvement in asset quality.

The agency further said that a substantial growth in advances and deposits, profitability, and capitalization levels of the bank and substantial improvement in asset quality.

However, any weakening of linkages with Government of India (GoI), any major increase in slippage leads to weakening of asset quality, thereby impacting the earnings profile or any material decline in overall capital adequacy ratios below the current level could lead to negative rating action.

Punjab and Sind Bank (PSB) is a mid-sized corporate-focused public sector bank based out of New Delhi that operates through a network of 1,584 branches as on 31 December 2024 with branch concentration in north India. The Government of India’s (GOI) shareholding in the bank stood at 98.25% as on 31 December 2024.

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Punjab & Sind Bank fell for a fifth straight session today. The stock is quoting at Rs 40.21, down 4.42% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 1.84% on the day, quoting at 22131.1. The Sensex is at 73233.39, down 1.85%.Punjab & Sind Bank has eased around 13.75% in last one month.Meanwhile, Nifty PSU Bank index of which Punjab & Sind Bank is a constituent, has eased around 9.85% in last one month and is currently quoting at 5816.85, down 3.21% on the day. The volume in the stock stood at 5.47 lakh shares today, compared to the daily average of 7.39 lakh shares in last one month.

The PE of the stock is 33.9 based on TTM earnings ending December 24.

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The board of directors of the bank authorized and declared the opening of the issue on Monday, 24 March 2025.

The floor price of Rs 40.38 is at a discount of 9.42% to the scrip?s previous closing price of Rs 44.58 on the BSE.

The bank may offer a discount of not more than 5% on the floor price so calculated for the issue. The issue price will be determined by the bank in consultation with the book-running lead manager appointed for the issue.

Punjab and Sind Bank is a leading public sector bank and a major bank in northern India. The bank provides customer service through innovative products and services for different customer segments.

The company?s standalone net profit surged 146.7% to Rs 281.96 crore in Q3 FY25 as compared with Rs 114.31 crore in Q3 FY24. Total income jumped 14.6% YoY to Rs 3,269.37 crore in Q3 FY25.

Powered by Capital Market - Live News

Punjab & Sind Bank is up for a third straight session today. The stock is quoting at Rs 41.24, up 1.88% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.51% on the day, quoting at 22451.5. The Sensex is at 74122.32, up 0.53%. Punjab & Sind Bank has slipped around 12.05% in last one month.

Meanwhile, Nifty PSU Bank index of which Punjab & Sind Bank is a constituent, has slipped around 4.21% in last one month and is currently quoting at 5890.45, up 0.77% on the day. The volume in the stock stood at 2.99 lakh shares today, compared to the daily average of 8.04 lakh shares in last one month.

The PE of the stock is 32.69 based on TTM earnings ending December 24.

Powered by Capital Market - Live News

Infomerics Ratings stated that the rating continues to derive strength from sovereign ownership with continued support, adequate capitalisation, diversified loan book and improvement in earnings profile over the years.

However, the ratings are constrained by moderate asset quality albeit improving, moderate resource profile, relatively moderate size & geographically concentrated operations.

The credit rating agency expects outlook to remain stable on the expectations of continued support from the Government of India (GoI), growth in advances, healthy resource profile, comfortable capitalization levels and improvement in asset quality.

The agency further said that a substantial growth in advances and deposits, profitability, and capitalization levels of the bank and substantial improvement in asset quality.

However, any weakening of linkages with Government of India (GoI), any major increase in slippage leads to weakening of asset quality, thereby impacting the earnings profile or any material decline in overall capital adequacy ratios below the current level could lead to negative rating action.

Punjab and Sind Bank (PSB) is a mid-sized corporate-focused public sector bank based out of New Delhi that operates through a network of 1,584 branches as on 31 December 2024 with branch concentration in north India. The Government of India’s (GOI) shareholding in the bank stood at 98.25% as on 31 December 2024.

Powered by Capital Market - Live News

Punjab & Sind Bank is up for a third straight session today. The stock is quoting at Rs 41.24, up 1.88% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.51% on the day, quoting at 22451.5. The Sensex is at 74122.32, up 0.53%. Punjab & Sind Bank has slipped around 12.05% in last one month.

Meanwhile, Nifty PSU Bank index of which Punjab & Sind Bank is a constituent, has slipped around 4.21% in last one month and is currently quoting at 5890.45, up 0.77% on the day. The volume in the stock stood at 2.99 lakh shares today, compared to the daily average of 8.04 lakh shares in last one month.

The PE of the stock is 32.69 based on TTM earnings ending December 24.

Powered by Capital Market - Live News

Infomerics Ratings stated that the rating continues to derive strength from sovereign ownership with continued support, adequate capitalisation, diversified loan book and improvement in earnings profile over the years.

However, the ratings are constrained by moderate asset quality albeit improving, moderate resource profile, relatively moderate size & geographically concentrated operations.

The credit rating agency expects outlook to remain stable on the expectations of continued support from the Government of India (GoI), growth in advances, healthy resource profile, comfortable capitalization levels and improvement in asset quality.

The agency further said that a substantial growth in advances and deposits, profitability, and capitalization levels of the bank and substantial improvement in asset quality.

However, any weakening of linkages with Government of India (GoI), any major increase in slippage leads to weakening of asset quality, thereby impacting the earnings profile or any material decline in overall capital adequacy ratios below the current level could lead to negative rating action.

Punjab and Sind Bank (PSB) is a mid-sized corporate-focused public sector bank based out of New Delhi that operates through a network of 1,584 branches as on 31 December 2024 with branch concentration in north India. The Government of India’s (GOI) shareholding in the bank stood at 98.25% as on 31 December 2024.

Powered by Capital Market - Live News

Punjab & Sind Bank fell for a fifth straight session today. The stock is quoting at Rs 40.21, down 4.42% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 1.84% on the day, quoting at 22131.1. The Sensex is at 73233.39, down 1.85%.Punjab & Sind Bank has eased around 13.75% in last one month.Meanwhile, Nifty PSU Bank index of which Punjab & Sind Bank is a constituent, has eased around 9.85% in last one month and is currently quoting at 5816.85, down 3.21% on the day. The volume in the stock stood at 5.47 lakh shares today, compared to the daily average of 7.39 lakh shares in last one month.

The PE of the stock is 33.9 based on TTM earnings ending December 24.

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