Punjab National Bank Hits New 52-Week High of Rs. 124.5

Nov 03 2025 09:54 AM IST
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Punjab National Bank has achieved a new 52-week high, reflecting its strong performance in the public sector banking sector with a notable annual increase. The bank has shown resilience with consecutive gains, trading above key moving averages, while the broader market, including the Sensex, is also recovering.
Punjab National Bank has reached a significant milestone by hitting a new 52-week high of Rs. 124.5 on November 3, 2025. This achievement underscores the bank's strong performance in the public sector banking industry, particularly as it has shown a remarkable 22.50% increase over the past year, significantly outperforming the Sensex, which has risen by only 5.33% during the same period.

Despite today's performance indicating a slight underperformance against its sector by 0.64%, Punjab National Bank has demonstrated resilience with consecutive gains over the last two days, yielding a total return of 3.12%. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, reflecting a robust upward trend.

In the broader market context, the Sensex has shown recovery after a negative opening, currently trading at 83,975.93, just 1.56% shy of its own 52-week high. The small-cap segment is leading the market today, with the BSE Small Cap index gaining 0.62%.
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