Punjab National Bank Share Price Target
Punjab National Bank (PNB) Share Price Target 2022, 2023, 2024, 2025, 2030: Hello friends, hope you all are doing a great Job in your life. So today in this article we are going to give you a detailed analysis about Punjab National Bank Share price target. PNB bank is the the second largest Bank in India in terms of Network and Business Volume which was founded in 1894. In this article we try to include all aspects which are really essential to know before investing any amount of money in the shares of PNB bank.
Related: Tega Industries Share Price Target 2022, 2023, 2024, 2025, And 2030
PNB is also known as Punjab National Bank is an Government Bank that comes under the ownership of the Ministry of Finance. PNB has over 180 million customers in their Bank and has around 12548 branches and 13500+ ATMs in the whole of India. The headquarters of Punjab National Bank is located in PNB in Dwarka, Delhi. Mr. CH S.S Mallikarjuna Rao. is the present MD and CEO of Punjab National Bank.
Punjab National Bank also provides financial services in the UK as Subsidiary of PNB as PNB International Bank with seven Branches in the whole of the UK. and also Punjab National Bank Open it’s branches in all over world like in Hong Kong, Dubai. Punjab National Bank Owns 51% of Market Share in the Banking Sector in Druk PNB Bank, which has 5 branches in Bhutan. Punjab National Bank also owns 20% of Everest bank Ltd in Nepal.
Read Also: Bharti Airtel Share Price Target 2022, 2023, 2024, 2025, And 2030
About Punjab National Bank
Punjab National Bank is run under the Union Government of India which is regulated by the Reserve Bank of India Act. 1934. Punjab National Bank was registered in the year 1894 Under the Indian Companies Act. With its office in Lahore which is presently a part of Pakistan. PNBs Founders included several leaders who fought for our independence.
There were some fraud Cases PNB which were also in a heading for two successive years first in the Year 2018 with a fraud transaction of $1.77 billion at just one of its branches. In July 2019 Punjab National Bank detected another fraud, worth Rs.3805.15Cr. by BPSL.
|Address||Plot No. 4, Sector -10, Dwarka,|
There are a number of ratios which help us to analyze how PNB works in their sector. If we talk about ROE% that is around 2.86% for last 1 year and ROA% of PNB in last 1 year is around Rs.0.19% and if we talk about Net NPA% for last 1 year its around 5.73% which is a little bit less than from last 3 to 5 years but that 5.73% is also not good for any Bank.
Read Also: Tata Motors Share Price Target 2022, 2023, 2024, 2025, And 2030
Punjab National Bank(PNB) provides various services in Personal Accounts, Government Business, Insurance, Agriculture Banking, Corporate Finance, Cash Management Services, Financial Inclusion, Capital Services Funds and also provides their services in the Merchant banking Sector.
Punjab National Bank Share Price Target 2022
When we go through the technical analysis Chart of Punjab National Bank we can observe that the PNB Share trade in channel pattern and in Punjab National Bank we observe breakout in the daily time frame manner but as we see the trend of share from the last few months we can find good volume.
We try to predict two possible PNB share price targets in 2022. The first target which we can predict is around Rs.44.40 Punjab National Bank share and second share price target for the share of Punjab National Bank is around Rs.54.30.
Punjab National Bank Share Price Target 2023
Punjab National Bank majority shares in the hands of promoters of Punjab National Bank 85.59 %, FII and FIP 0.89% Share hold in Punjab National Bank, Financial institutions and Bank 0.05% Share hold in PNB bank, insurance company 4.71% share hold in Punjab National Bank, Mutual fund Company 1.4 % Share hold in Punjab National Bank and other investors 6.54 % share hold in Punjab National Bank.
In this section, we try to predict two possible Punjab National Bank share targets for 2022. We can predict the Punjab National Bank share price target for 2022. The first share price target is around Rs. 72.85 and the second price target for Punjab National Bank share is around Rs. 85.50.
Read Also: Trident Share Price Target 2022, 2023, 2024, 2025 & 2030
Punjab National Bank Share Price Target 2024
When we analyze the quarterly results of Punjab National Bank in the last few quarters than we can say something really wrong about Punjab National Bank that is increasing NPA. Till the month of September 2021 NPA is 14.44 which is not a good sign for any bank company. With the help of technical analysis and quarterly result of Punjab National Bank we can predict two share price target for the financial year 2024 the first share price target is Rs. 100.50 and second PNB bank share price target 2024 is Rs. 120.60.
Punjab National Bank Share Price Target 2025
Any banking Company’s source of income is the interest income of the Punjab National Bank, the main source of income from internet income from corporate loans, individual, and home and education loans. The number of its customers increases day by day and more and more savings account opening in their Bank. Punjab National Bank is one of the best banks in India run by the government of India PNB bank provides various types of services to its customers like insurance services, financial related other various services provided by the bank to its customers. Customers of PNB bank also trust this bank. We try to predict PNB share price target 2025 two share price the first share price target is around Rs. 155.65 and Second PNB Share Price Target 2025 is around Rs. 176.63.
Punjab National Bank Share Price Target 2022, 2023, 2024, 2025 and 2030
|Share Target Price||Target-1||Target-2|
|2022||Rs. 44.40||Rs. 54.30|
|2023||Rs. 72.85||Rs. 85.50|
|2024||Rs. 100.50||Rs. 120.60|
|2025||Rs. 155.65||Rs. 176.63|
|2030||Rs 290||Rs. 560|
Punjab National Bank Share Price Target 2030
At the end of this decade, PNB has the chance to become India’s Largest Bank in terms of Business. Punjab National Bank is one of the best banks but they need to decrease the rate of NPA and they also need to decrease the rate of scams. If the rate of NPA rate decreases then in 2030 the share price of Punjab National Bank trade upside or if not decrease the rate of scams and rate of NPA percentage in upcoming few years the the share price target may show downward trend. If the management of the company makes a good decision in the upcoming few years then the share price of Punjab National Bank will increase very high. After analyzing we can try to predict two share price targets for the Punjab National Bank for the year 2030. The first Punjab National Bank share price target is around Rs 290 and the Second PNB share price target 2030 is Rs. 560.
Strength Of PNB bank
Here in this Section we try to tell you some strength of Punjab National Bank which helps you to know more about the Company Shares and data which we try to give you and we collect this data from various sources like money control and Ticker.finology.in if you you find any type of mismatch in data please visit this website and crossed check. If any mistakes are found regarding data related to PNB bank we will not be responsible for it.
1. Punjab National Bank has a 56500+ permanent workforce with over 38 million customers in the whole of India.
2. Punjab National Bank is the Second Largest Bank in India. Punjab National Bank 764 branches located in different cities in India.
3. The financial Position of PNB Bank is very sound and there was not any Constraint of funds from their side.
4. The Punjab National Bank Personnel will readily be able and willingly able to use IT systems used in the Banking Field.
5. Single window clearance System helps them to make a brand image of PNB bank in the Banking Sector Company.
In this post, We have discussed a detailed analysis about Punjab National Bank PNB Share Price Target 2022, 2023, 2024, 2025, And 2030 tried to include every aspect in our post which is really essential to know every investors before investing in any specific company shares which include limitations, company strength, expert opinion, Punjab National Bank share price target we try to tell every relatable news and update regarding the shares of Punjab National Bank if you have any question related this article please comment in the comments section.
- Power Grid Share Price Target 2022, 2023, 2024, 2025, And 2030
- ONGC Share Price Target 2022, 2023, 2024, 2025, And 2030
- IRFC Share Price Target in 2022, 2023, 2025, 2030
- Bharti Airtel Share Price Target 2022, 2023, 2024, 2025, And 2030