PNB jumps over 9% to hit 52-week high. What’s driving the rally?
Shares of state-owned () jumped over 9.5% to hit 52-week high in Friday’s trade after getting government approval to divest its entire stake in (AMC). “The exchange is hereby informed that the bank has received approval of DIPAM, Ministry of Finance, Government of India for divestment of bank’s entire/part stake in UTI Asset Management Company … Read more