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PNB shares jump 7% in 2 days after Q1 earnings. Should you buy, sell or hold?
Punjab National Bank shares have surged in the last two sessions after the PSU lender reported a 214% year-on-year jump in Q1 FY27 net profit to Rs 5,253 crore, prompting bullish brokerage calls. Net interest income rose 2% to Rs 10,798 crore.
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thehindubusinessline.com
Punjab National Bank Q1 net profit surges over three-fold to ₹5,200 crore
Punjab National Bank posted a more than three-fold rise in Q1FY27 net profit to over ₹5,200 crore as NIM improved, NPAs declined and business growth remained strong.
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economictimes.indiatimes.com
PNB Q1 Results: Net profit surges 214% YoY to Rs 5,253 crore; NII up 2%
PNB Q1 Results: Sequentially, however, net profit rose marginally by a little over 0.5% QoQ from Rs 5,225 crore reported in the preceding three months.
