pnb shares

Punjab National Bank shares jump over 6% after multifold jump in Q2 profit

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Punjab National Bank shares jump over 6% after multifold jump in Q2 profit

State-owned Punjab National Bank (PNB) shares jumped over 6% to Rs 74.1 in Friday’s trade on BSE after the PSU bank’s standalone net profit surged multifold to Rs 1,756 crore during the quarter ended September 2023. The profit growth was 327% from Rs 411 crore reported in the same quarter last year. Its net interest … Read more

Adani Ports among 4 sell ideas from Axis Securities this week

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Adani Ports among 4 sell ideas from Axis Securities this week

Adani Ports, UPL, Aarti Industries and Ambuja Cement are four stocks on which Rajesh Palviya, SVP – Technical & Derivatives Research, Axis Securities, recommends a sell. “Adani Ports demonstrates a bearish sentiment as it recently breached the medium-term upward-sloping trendline. It is currently trading below critical moving averages (20, 50, and 200-day SMA), accompanied by … Read more