Punjab & Sind Bank Faces Mixed Performance Amid Broader Public Banking Sector Decline

Jan 21 2025 03:45 PM IST
share
Share Via
Punjab & Sind Bank experienced a decline on January 21, 2025, underperforming the public banking sector. The stock's intraday low was Rs 48.06, and while it is above its short-term moving averages, it remains below longer-term averages. The bank has slightly outperformed the sector over the past month.
Punjab & Sind Bank, a significant entity in the public banking sector, saw a decline of 3.88% on January 21, 2025, underperforming the sector by 1.72%. The stock reached an intraday low of Rs 48.06 during the trading session.

In terms of moving averages, Punjab & Sind Bank is currently above its 5-day and 20-day moving averages, but below the 50-day, 100-day, and 200-day moving averages, indicating a mixed performance in the short term compared to longer-term trends.

The public banking sector overall faced a decline of 2.22% on the same day. Over the past month, Punjab & Sind Bank has slightly outperformed the sector, with a decrease of 1.40%, while the Sensex experienced a decline of 2.82%. This performance reflects the broader challenges faced by large-cap banks in the current market environment.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News