Punjab National Bank Hits New 52-Week High of Rs. 124.85
Punjab National Bank has achieved a new 52-week high of Rs. 124.85, reflecting its strong performance in the public sector banking sector. Over the past year, the bank has delivered a notable return, significantly outpacing the broader market. Its stock is currently trading above key moving averages, indicating positive momentum.
Punjab National Bank has reached a significant milestone by hitting a new 52-week high of Rs. 124.85 on November 17, 2025. This achievement reflects the bank's strong performance in the public sector banking industry, where it has consistently outperformed the broader market. Over the past year, Punjab National Bank has delivered a remarkable return of 25.00%, significantly surpassing the Sensex's performance of 9.23%.Today, the stock has shown a positive trend, gaining 2.56% over the last two days, with an intraday high of Rs. 124.85, marking a 2.25% increase for the day. The bank's stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward momentum.
In the broader market context, the Sensex opened higher and is currently trading at 84,711.42, just 0.68% away from its own 52-week high. The small-cap segment is also performing well, with the BSE Small Cap index gaining 0.51% today. Overall, Punjab National Bank's recent performance underscores its robust position within the public sector banking landscape.
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