India’s well-known PSU bank PNB going to announce its financial results for quarter 3 of 2024. The share price is rising by over 3% ahead of the release of PNB Q3 Results 2024. Here we will know the expectations of the market from Punjab National Bank regarding financial results and also the dividend in this quarter. PNB Share price is traded at ₹101 and looking strong before the release of the quarter 3 results. Let’s unveil all the important figures below.
PNB Q3 results 2024 are expected to be released on 25th Jan 2024. However, the uptrend in the share price seeking the attention of the retail investors. In the last two trading sessions, the share has risen by over 5%. Amid the bearish momentum of Nifty, PNB holding a good surge in the price and this may be happening because of the positive expectation of the market for the quarter 3 results.
Currently, the market is expecting a surge in the net profit of Punjab National Bank. Also, the rise in the share price indicates the interest of retail investors for the past few days. As per the expectation, the net profit may get surge around 30% or above. The result will come in a few hours. The live results will be updated here immediately after released by the Punjab National Bank.
Discussing the previous results, PNB quarter 2 results marked over ₹1,990.18Cr net profit with a revenue of ₹29,857.05Cr. PNB achieved a 48.29% jump in the net profit in the last 3 months before the q2 FY24. During this quarter 2 results, Punjab National Bank has secured 6.67% net profit margins. Stay tuned to learn more details and get live updates on the quarter results of the other companies. Also, read the latest business news on our website.
Discover more from industrialfront
Subscribe to get the latest posts sent to your email.