Results▲ Bullish for Bank of India
Q2 Update Impact: Bank of India, PNB Share Price Jumps Up To 4.5%
The brief
- Bank of India’s global business grew 21.07% year on year; PNB’s rose 11.95%
- Bank of India and PNB shares jumped up to 4.5%
- Q2 business growth is a positive signal for Bank of India and PNB ahead of their results
- Buy Mankind Pharma; sell PNB, Tata Steel: Mitessh Thakkar's trading calls
- HDFC Bank names Anup Bagchi CEO; PNB receives administrative warning
- PNB business update: Global business rises 12%, deposits grow 9.9% in H1 FY27
- PNB Q2 Update: Global Business Crosses Rs 31 Lakh Crore, Advances Surge 14.8%
- Punjab National Bank gets SEBI warning over alleged insider trading violations
PSU bank Q2 business growth and share rally
Bank of India reported 21% year-on-year growth in global business to ₹18.9 lakh crore and 20% growth in advances. PNB’s global business rose 11.95%, and shares of both banks gained after the Q2 updates.
Monday, 5 October
- Q2 Update Impact: Bank of India, PNB Share Price Jumps Up To 4.5%