Profit

BSE Code: | NSE Code: | ISIN: | Sector:

NSE
71.15
Change Change %
0.40 0.57%

Updated:15 Nov, 2018, 15:54 PM IST

BSE
71.15
Change Change %
0.35 0.49%

Updated:15 Nov, 2018, 16:01 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Religare
N/A
29-07-2016 Sell 126.95 70.00
N/A
Closed Long (1Y)
29-07-2017

Religare maintain sell on Punjab National Bank

Punjab National Bank's loan book dipped 5 per cent sequentially while its net interest margins declined by 15 basis points to 2.5 per cent in Q1. We continue to believe that mounting provisions and sustained pressure on asset quality and margins will keep earnings soft in the coming quarters.

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