I hope you know in the PNB (Punjab National Bank) a scam of Rs. 11,000 Cr in 2017 – 2018. As a result, the Punjab National Bank crashed badly and is still down by approximately 70% after the scammed happened and the news came out to the public. It looks like the Bank stock is recovering very slowly so, let’s see the PNB share price target 2023, 2024, 2025, and 2030.
It has been almost 6 years after the scam but the bank stock is facing a lot of problems. Most probably maximum retail investors are facing a huge loss because both the shares are at high prices in a large quantity.
It is clearly visible that the stock price is recovering but very slowly. From January 2022 the stock continues moving up a few profit bookings also came. But after the profit booking again the stock started going up. Let’s analyze the stock using fundamental and technical analysis and see the targets of experts for the stock.
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About Punjab National Bank
Pubjab Bantion Bank was founded in 1894 and currently, its managing director is Mr. Atul Goel. It is a Public sector bank (PSU) based in India. As of August 13, the market cap of Punjab National Bank is R. 67,442 Cr.
Currently, Punjab National Bank provides many banking services like corporate banking, agriculture banking, retail banking, NRI services, treasury-related services, digital banking, and many more which can be found on their official website in more detail.
Company Fundamentals
For long-term investing and checking the quality of the stock the fundamental analysis is always considered. Hope you know there are a lot of experts who always keep an eye on company fundamentals to analyze the stock for long-term inventing.
Most retail investors do not check company fundamentals and as a result, they face a huge loss on their investing. A major reason behind the mistake is that they think understanding and reading a company’s fundamentals is very tough.
In case you don’t know how to read a company’s fundamental data to know which company is best in a particular industry, from the below video, you can learn a lot about reading and understanding the company’s fundamental data.
Note: Please cross-check the below-shared information from your broker website or any other trusted website. Please let us know if any information is wrong. The fundamental data was last updated on 13 August 2023.
Revenue Growth (Last 5 Years)
| Year | Revenues (In Crores) |
|---|---|
| March 2019 | 58,687.66 |
| March 2020 | 63,074.16 |
| March 2021 | 93,561.62 |
| March 2022 | 87,199.49 |
| March 2023 | 97,286.64 |
Quarterly Results (Last 5 Quarters)
It is the total income from operations (net sales/income from operations and other operating income).
| Quarter | Total Income (In Rs. Cr.) |
|---|---|
| Jun 2022 | 21,527 |
| Sep 2022 | 23,292 |
| Dec 2022 | 26,134 |
| Mar 2023 | 28,132 |
| Jun 2023 | 29,033 |
Company Essentials
| Title | Value |
|---|---|
| MARKET CAP | Rs. 68,873.90 Cr |
| CASA % | 41.99 |
| NO. OF SHARES | 1,101.10 Cr. |
| P/E | 19.94 |
| P/B | 0.74 |
| FACE VALUE | Rs. 2 |
| DIV. YIELD | 1.04 % |
| BOOK VALUE (TTM) | Rs. 84.15 |
| Net INTEREST INCOME | Rs. 34,491.54 Cr. |
| COST OF INCOME % | 51.69 |
| EPS (TTM) | Rs. 3.14 |
| CAR % | 15.5 |
| ROE | 2.79 % |
| ROCE | 5.54 % |
| PROFIT GROWTH | -27.47 % |
Sharehlong Pattern
| Held By | Holding % |
|---|---|
| FII | 1.82% |
| DII | 13.45% |
| Public | 11.58% |
| Promoters | 73.15% |
| Other Holders | 0.0% |
Promoter Pledging %
| Date | Promoter % | Pledge % |
|---|---|---|
| Jun 2023 | 73.15 | 0 |
| Mar 2023 | 73.15 | 0 |
| Dec 2022 | 73.15 | 0 |
| Sep 2022 | 73.15 | 0 |
| Jun 2022 | 73.15 | 0 |
Note: Below are some major positive and negative points above the company fundamentals. Analyzing the company’s fundaments, you can know all the positive and negative points.
| Positive Points | Negative Points |
|---|---|
| CASA of the company is good. | Low ROA |
| The CASA of the company is good. | ROE is low for the last 3 years |
| Profit growth in the last 3 years is aprox 95%. | Profit growth in the last 3 years is approx 95%. |
Thumb Rules for Investing
If you are an investor and want to book maximum profit on your investments then you have to follow some basic rules that are shared by many experienced investors from all over the world.
Not only in maximizing the return on your investments these rules also help you to book loss or profit at right so, that you can make more profit and decrease losses in the worse market crash.
Note: There are not sufficient rules that will make you high-level investors. In different stocks and sectors, there are multiple factors investors proper to check before investing in stocks. These things come from knowledge and experience.
Rule #1: Do not invest all the money in one sector’s stocks. No matter what is the future of the sector. In case you invested all the money in one sector, if the sector faces any issue, you’ll be in a huge loss.
Rule #2: Invest a maximum of 5% – 6% of the total money in any stock. Suppose you have Rs. 1 Lakh the invest only 5000 – 6000 in any stock. This rule is applicable when you are retail, and can not track all the stocks.
Rule #3: Invest in a maximum of 2-3 stocks of a sector. When any sector will face problems then other sectors’ stock will save you from huge losses.
Rule #4: Invest in stock when the stock the available at a 10% low from its 52-week high. Some people invest in stocks at high, and as a result, they did not get good returns on their investments.
Rule #5: Invest in stocks for at least 5 – 7 years to get very high returns. Keep booking the profit from time to time.
Rule #6: Keep averaging the stock if everything is right in the company and the stock is available at a high discount due to any market crash.
Rule #7: Before Investing in any stock make sure you check its fundamental and related news. It will help you to stay away from the stock which can give you huge losses.
PNB Share Price Target
As you know when any company, bank, or startup makes any mistake big mistake. It breaks the pole trust and takes a very long time to recover and in most cases, it does not cover.
The Punjab National Bank stock was falling and continued to fall for 2 – 3 years after the crash. As you can see in the chart it is currently trading near the 52-week low and started moving up.
From near its 52-week low, it has given approximately 130% return as of 13 August 2023. It looks like very soon we can see a good upside move in the bank stock because it is looking very bullish but there are multiple resistance that can stop it.
Disclaimer: We are not SEBI registered. The post is only for educational purposes not for any investing advice. Do your own analysis or ask your financial advisor before investing. We will not be responsible for any loss or profit.
You can check PNB’s 52-week high, 52-week low, current market price, Market cap, and all-time high below. It is the latest price.
- Market Cap:
- Current Price:
- 52-Week High:
- 52-Week Low:
- All-time High:
PNB Share Price Target 2023
It is the last of August 2023, as you can see In the chart the stock is facing a very strong resistance. Once the resistance is broken and the stock comes to rest the level then we can see a strong upside move.
If it does not break the resistance or break the resistance and can not come to retest it. It can be a false breakout case. As the stock is already given a good profit in 2023 then it looks a little bit hard to give more return.
PNB Share Price Target 2024
PNB share price target for 2024 depends on multiple factors like the quarterly results, news, and the price action formed in the chart. According to the current analysts and experts targets the stock should go up to Rs. 80 – 85.
It is trading at a major resistance level. Most probably in a few weeks, we can see some new price action. If price action is positive then we can see the above menyoed targets in the PNB.
PNB Share Price Target 2025
PNB share price target for 2025 can be very positive. Ad the company fundaments is improving from time to time. In the stock chart, there are multiple resistance above. If the stock gives a breakout after consolation for a long time it will be a sustainable breakout.
In 2025, we can see the targets of Rs. 115 – 130 if the stock gives a stone breakout of Rs. 90 resistance. After the resistance, there is no major resistance in the stock’s chart. In short, we can see the target if bullish price action is formed.
FAQs
Most probably yes, as the bank stock price is recovering slowly. But it not means it will recover very soon or in the upcoming years. It will depend on its services and the revenue and profit growth in the bank. In the banking sector, there is already tough competition.
The long-term price target can not be predicated as of now because with time new things will come like price action, news, revenue growth, etc. So, invest in the stock at the right price and keep the stock on your radar and keep training news and price action.
According to the current price action, news, and targets by the experts, the stock price target for 2015 is 115 – 130.
Final Words: After falling for a few years due to a scam in the bank. The stock is now recovering and has given a good return in the last 1 year. According to the current price action, the looks very bullish and you can check PNB share price target 2023, 2024, and 2025 above. Do not forget to follow the investing, risk management, and money management rules while investing in the stock market.