Punjab National Bank (PNB) Share Price Target: 2023, 2024, 2025 to 2030

Punjab National Bank (PNB) is a banking services provider company, its headquarters are in Delhi, India. It was established in the year 1895. PNB is a leading commercial bank in India and provides a range of banking facilities, including retail, corporate, international banking, and investment facilities. It also has a large presence in rural areas of India with over 10,000 branches in rural and semi-urban areas. The bank also has a large presence in the global market, with branches in London, Dubai, Hong Kong, and Shanghai.

Stock history of Punjab National Bank

The stock history of Punjab National Bank (PNB) is a long and storied one. The bank was established in 1895 and has since grown to become one of the largest banks in India. PNB’s stock has been traded on the Bombay Stock Exchange since 1952. 

The bank’s stock has had a mixed performance over the years, with periods of strong growth followed by periods of decline. In the early 2000s, the stock enjoyed a period of strong growth, reaching an all-time high of Rs. 272 in May of 2007. However, the stock then experienced a sharp decline due to the global financial crisis and a subsequent fraud scandal at the bank. The stock declined to Rs. 64.5 in March of 2017, its lowest level in over a decade. 

Since then, the stock has been on a steady recovery and has risen to Rs. 96.7 as of April 2021. However, the value of stock has again declined and it is currently trading at Rs. 55.40.

Latest news about Punjab National Bank

Punjab National Bank launches credit card for FDs

➤ PNB offers bank loans to farmers via missed call

How to buy Punjab National Bank shares?

  1. Open a Demat and trading account: You must first open a demat and trading account with a broker or a financial institution. 
  2. Place an order: Once you have opened your account, you can log in and place an order to buy Punjab National Bank shares. You can choose the quantity of shares, price and other details. 
  3. Pay for the shares: After placing your order, you will need to pay for the shares. You can use your bank account, debit or credit card, or net banking to make the payment. 
  4. Receive the shares: Once your payment is confirmed, the shares will be transferred to your demat account. You can then sell the shares whenever you want to.

You can also buy shares from the following trading platforms:

Zerodha Click here
Upstox Click here
Groww Click here
AngelOne Click here
ICICIDirect Click here

Share Price Prediction of Punjab National Bank: 2023 to 2030

Share Price Target 2023 of Punjab National Bank is ₹75.81

When Maximum Price Minimum Price
January 2023 ₹55.40 ₹42.78
February 2023 ₹56.51 ₹43.47
March 2023 ₹42.38 ₹32.60
April 2023 ₹46.62 ₹35.86
May 2023 ₹38.85 ₹29.88
June 2023 ₹46.62 ₹35.86
July 2023 ₹55.94 ₹43.03
August 2023 ₹61.54 ₹47.34
September 2023 ₹64.61 ₹49.70
October 2023 ₹61.54 ₹47.34
November 2023 ₹67.69 ₹52.07
December 2023 ₹75.81 ₹58.32

Punjab National Bank’s share price target in 2023 can be estimated by considering various factors such as the bank’s current performance, its growth potential and the general market conditions. The bank has a strong presence in the Indian banking sector and its performance has been improving steadily over the last few years. The bank has also initiated various cost-cutting measures and digital initiatives to drive efficiency and growth. Furthermore, the bank has a strong customer base and is well-positioned to benefit from the growing demand for financial services in the country. With these factors in mind, analysts expect the share price of Punjab National Bank to reach Rs. 75 by the end of 2023.

Share Price Target 2024 of Punjab National Bank is ₹106.14

When Maximum Price Minimum Price
January 2024 ₹79.80 ₹61.39
February 2024 ₹89.67 ₹74.72
March 2024 ₹94.39 ₹76.74
April 2024 ₹85.81 ₹66.00
May 2024 ₹71.51 ₹55.00
June 2024 ₹85.81 ₹66.00
July 2024 ₹72.94 ₹56.54
August 2024 ₹80.23 ₹63.67
September 2024 ₹84.24 ₹64.80
October 2024 ₹99.11 ₹76.24
November 2024 ₹104.06 ₹80.05
December 2024 ₹106.14 ₹81.65

Looking at the current market trends, it can be predicted that the share price of Punjab National Bank might reach ₹106.14 by December 2024.

Share Price Target 2025 of Punjab National Bank is ₹128.75

When Maximum Price Minimum Price
January 2025 ₹108.27 ₹83.28
February 2025 ₹113.96 ₹87.66
March 2025 ₹119.66 ₹92.05
April 2025 ₹106.84 ₹82.19
May 2025 ₹97.13 ₹74.71
June 2025 ₹106.84 ₹82.19
July 2025 ₹101.75 ₹78.27
August 2025 ₹105.99 ₹81.53
September 2025 ₹111.29 ₹85.61
October 2025 ₹117.97 ₹90.75
November 2025 ₹126.23 ₹97.10
December 2025 ₹128.75 ₹99.04

Punjab National Bank share price might reach around ₹128.75 by the end of 2025.

Punjab National Bank Share Price Prediction 2026-2030

Year Maximum Price Minimum Price
2026 ₹90.13 ₹63.09
2027 ₹76.61 ₹53.63
2028 ₹137.89 ₹96.53
2029 ₹283.26 ₹198.28
2030 ₹315.44 ₹220.81

It is difficult to predict the share price of Punjab National Bank for the years 2026-2030 as the market conditions are dynamic and the prices are subject to change. However, based on the current market trends and the performance of the bank in the past few years, it is likely that the share price of Punjab National Bank will continue to rise over the next few years and is expected to reach around ₹315.44 by the end of 2030. Investors can expect the share price to remain stable or increase over the long term, provided the bank continues to perform well and its fundamentals remain strong.

Financial Condition of Punjab National Bank: Last 5 years

Narration Mar-18 Mar-19 Mar-20 Mar-21 Mar-22 Trailing Best Case Worst Case
Sales         48,724.85     52,147.14     54,918.48     81,935.03     76,241.83     78,401.01   86,532.83   78,462.16
Expenses         43,345.47     39,644.65     25,867.22     38,600.77     36,025.78     38,239.24   40,808.07   45,853.63
Operating Profit           5,379.38     12,502.49     29,051.26     43,334.26     40,216.05     40,161.77   45,724.76   32,608.53
Other Income           8,883.34       7,367.38       9,387.65     12,777.07     12,329.29     10,044.10                     –                       –  
Depreciation               581.03           584.01           614.44           982.23           896.17                       –                       –                       –  
Interest         33,530.39     34,655.66     36,997.47     50,804.58     46,823.08     46,808.74   46,808.74   46,808.74
Profit before tax       -19,848.70     -15,369.80           827.00       4,324.52       4,826.09       3,397.13   -1,083.98 -14,200.21
Tax         -7,264.36       -5,343.39           463.67       1,629.93           918.50       1,333.42 39% 39%
Net profit       -12,113.37       -9,570.11           438.45       2,561.97       3,860.74       2,364.00       -658.50   -8,626.43
EPS               -43.88           -20.79               0.65               2.45               3.51               2.15           -0.60           -7.83
Price to earning                     -2.17               -4.59             49.71             14.99             10.00             25.85           25.85           18.48
Price                     95.30             95.50             32.35             36.65             35.05             55.50         -15.46       -144.80
RATIOS:
Dividend Payout 0.00% 0.00% 0.00% 0.00% 18.25%
OPM 11.04% 23.98% 52.90% 52.89% 52.75% 51.23%

FAQS

Will the share price of Punjab National Bank increase in 2023?

Yes, the per share price of Punjab National Bank will rise steadily and reach ₹75.81 by the December of 2023.

What is the price prediction for Punjab National Bank for 2030?

The per share price of Punjab National Bank might reach around ₹315.44 by the end of 2030

What is the current market capitalisation of Punjab National Bank?

At the time of writing, the Punjab National Bank share price is trading at ₹55.40 with a market capitalisation of 611.11 billion INR.

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Conclusion

The Punjab National Bank’s share price target for 2023 to 2030 is a reflection of the bank’s long-term vision and commitment to providing reliable financial services. The bank has a strong presence in the Indian banking system and has a proven track record of success in the past. As the Indian economy continues to grow, the bank is expected to benefit from the increasing demand for their services. The bank’s focus on providing innovative financial solutions, strong customer service, and digital banking are expected to be key drivers of their increased profitability and share price. In conclusion, the Punjab National Bank’s share price for the year 2030 is expected to rise and reach Rs. 315.

 

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