Pun. & Sind Bank (PSB) Share News & Alerts

Punjab & Sind Bank slips for fifth straight session

▼ Bearish +0.86%

The stock has established a clear short-term downward trajectory after underperforming its public sector banking peers, indicating structural distribution on the daily charts. For positional traders, breaking below immediate key support moving averages points to an absence of institutional buying interest. Expect prices to witness prolonged consolidation or continued moderate downside drift over the coming 1-2 weeks.

Punjab & Sind Bank soars 2.35%, Gains for third straight session

▲ Bullish +0.19%

The bank reported its highest-ever annual net profit of ₹1,322 crores (up 30%) and a significant improvement in asset quality with Net NPA falling to 0.79%. This fundamental breakout, combined with a target to reach a ₹3 lakh crore business milestone in FY27, provides a strong tailwind for a positional upside. The stock is currently showing positive momentum as it trades above its 50-day moving average, suggesting a continuation of the current swing.

Punjab & Sind Bank plans Rs 3,000-cr share sale this fiscal

▼ Bearish +1.04%

Canara Bank, PNB to Bank of Baroda: Why are PSU bank shares nosediving?

▼ Bearish +0.4%