read on the app

Punjab and Sind Bank has more than doubled the money of its investors in just 2 months. On October 11, 2022, this stock was worth only Rs 15.30. Now it has jumped more than 125 percent to reach Rs 34.45. Today it also made a new high of Rs.34.80 in a span of 52 weeks.

Punjab And Sind Bank share price history

If we talk about the price history of Punjab and Sind Bank’s share, then this year it has given a return of more than 109 percent. At the same time, this stock has made its investors rich by giving more than 125% returns in the last six months. In the last one month itself, Punjab and Sind Bank has given a whopping return of more than 80 percent. Its 52-week low is Rs 13.

Read also: Sahara investors will get their money, this is how you claim, see SEBI’s new order

Why stock running

In fact, the profit of Punjab and Sind Bank has jumped 27 percent in the second quarter. In the July-September quarter, its profit increased due to reduction in the requirement of financial provision for bad loans. Its net profit was Rs 218 crore in the same quarter a year ago.

Read also: More than 9% interest on fixed deposits, 2 banks are giving benefits to their customers

(Disclaimer: Here only information about the performance of the stock is given, it is not an investment advice. Investing in the stock market is subject to risks and before investing, consult your advisor.)

,

Source link

By Dipak

Leave a Reply

Your email address will not be published. Required fields are marked *