PNB share price hit 52-week low on biggest ever quarterly loss
Punjab National Bank share price tanked 6 per cent on Tuesday after the public sector bank posted largest ever quarterly loss of Rs 13,416.91 crore for the January-March period. The stock went down by 3.80 per cent to end at Rs 86 on BSE. In intraday trade, the stock dipped 6.26 per cent to Rs 83.80, its 52-week low level.
PNB share price: The market valuation fell by Rs 938.07 crore to Rs 23,740.93 crore in just a day. Image source: Reuters