Shares of Punjab National Bank (PNB) jumped around 8% to Rs 125.22 on NSE during Monday's trading session after the public sector lender reported better-than-expected Q2 earnings, prompting bullish calls from brokerages. The stock was on track for its biggest single-day gain in more than three years.
PNB on Friday reported a standalone net profit of Rs 5,532 crore for the July-September quarter of the ongoing financial year 2027, marking around a 13% year-on-year increase from the Rs 4,904 crore net profit reported in the corresponding quarter of the previous financial year.
