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PNB shares jump 6% after Q1 profit surges over threefold
short by / on Monday, 20 July, 2026
Punjab National Bank (PNB) shares rose 6% after the lender reported a more than threefold jump in Q1 FY27 net profit to ₹5,253 crore. Brokerages retained their bullish stance, citing improving asset quality and healthy earnings, with target prices implying up to 22% upside. The PSU lender reported an operating profit of ₹7,519 crore for the June quarter.
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