BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Closed|| Long (1Y)
CLSA downgrades Punjab National Bank to sell
CLSA has downgraded PNB to "sell"
from "underperform" earlier with a target price of Rs 60. Retain
negative view for the stock given its high stressed loans. We lower earnings
estimates for PNB.