NSE: PNB · 19 October 2026
- Punjab National Bank shares moved higher today, closing up by 4.73% at ₹121.80 compared to the previous close of ₹116.30. The stock opened at ₹120.05 and traded within a daily range of ₹120.05 to ₹125.12.
- Punjab National Bank announced its financial results for the quarter and half-year ended September 30, 2026, reporting a 12.8% year-over-year rise in net profit to ₹5,532 crore. Global business expanded by 11.9% year-over-year to ₹31,18,434 crore, supported by a 9.9% increase in global deposits and a 14.7% growth in global advances. Asset quality improved significantly, with the Gross NPA ratio declining by 90 basis points year-over-year to 2.55% and the Net NPA ratio improving by 11 basis points to 0.25%.
- Trading volume was 5.20 times the 20-day average daily volume.
Why is Punjab National Bank share price rising on 19 October 2026?
Punjab National Bank shares moved higher today, closing up by 4.73% at ₹121.80 compared to the previous close of ₹116.30. The stock opened at ₹120.05 and traded within a daily range of ₹120.05 to ₹125.12.
The broader market exhibited weakness, with the Nifty declining by 1.11%, yet public sector bank stocks outperformed amidst ongoing financial sector developments. The Bank's recent performance follows a strong earnings report released for the quarter ended September 30, 2026, which drew positive coverage across brokerage houses.
Company disclosures highlight that Punjab National Bank reported its financial results for the period ended September 30, 2026, showcasing a net profit increase of 12.8% year-over-year to ₹5,532 crore for Q2 FY27. Additionally, ICICI Securities maintained a Buy rating on the stock with a target price of ₹140 on October 19, 2026, providing further context for market sentiment alongside ongoing sector momentum.
7.25 crore shares traded by 19 October 2026 · 03:15 PM IST. This compares with a 20-day average daily volume of 1.39 crore shares (5.20 times). The five-day average daily volume was 1.49 crore shares. Separately, the NSE report for 16 October 2026 showed 68.94 lakh shares delivered, representing 43.88% of that day’s traded volume. The same report recorded 47,682 trades.
The stock's 4.73% advance aligns with positive market reception of its Q2 FY27 financial results reporting higher net profit and improved asset quality, alongside an active brokerage recommendation from ICICI Securities.
Latest Company Developments
Punjab National Bank announced its financial results for the quarter and half-year ended September 30, 2026, reporting a 12.8% year-over-year rise in net profit to ₹5,532 crore. Global business expanded by 11.9% year-over-year to ₹31,18,434 crore, supported by a 9.9% increase in global deposits and a 14.7% growth in global advances. Asset quality improved significantly, with the Gross NPA ratio declining by 90 basis points year-over-year to 2.55% and the Net NPA ratio improving by 11 basis points to 0.25%.
Robust earnings and asset quality improvements directly enhance the bank's fundamental valuation and credit profile.
The bank submitted a regulatory disclosure regarding monetary penalties imposed by the Reserve Bank of India totaling ₹2,91,750 on September 9, 2026, along with three separate fines of ₹1,33,800, ₹1,34,600, and ₹2,99,600 on September 11, 2026. The penalties relate to non-compliance with operational guidelines of currency chests under RBI master directions. The bank clarified that the matter is purely operational and amounts were debited directly from its RBI account.
Provides transparency on minor operational compliance incidents without material financial impact.
Punjab National Bank informed the exchange regarding the change in director(s) of the company, specifically the nomination of a part-time non-official director to the board. The filing outlines the official appointment details in compliance with regulatory listing requirements. Board composition updates are part of routine corporate governance continuity.
Ensures appropriate board governance structure, though it does not directly drive short-term price action.
Punjab National Bank eyes Rs 6,000 crore quarterly profit after record September earnings The Economic Times
Punjab National Bank has submitted to the Exchange, the financial results for the period ended September 30, 2026.
Ownership & Transaction Activity
Mutual Fund Holdings
Mutual funds held 6.14% on 30 September 2026. This compares with 6.51% on 30 June 2026, a change of -0.37 percentage points.
The filing reported 43 MF/UTI holders.
Research & Brokerage Views
Maintained a Buy rating with a target price of Rs 140 following solid Q2 financial performance and improved asset quality metrics.
Maintained a positive stance with a target of Rs 135 backed by steady loan growth and improving profitability trajectory.
What to Watch Next
- Execution of retail and MSME loan growth targets set by management for the second half of FY27.
- Sustained improvement in Gross NPA and Net NPA ratios in upcoming quarterly disclosures.
- Volume and delivery participation trends in cash market trading sessions.
- Further updates on digital banking adoption and PNB One user engagement metrics.
Other Dated Coverage
- Punjab National Bank in Focus After RBI Penalties; What to Watch Today | 16 October 2026 — 16 October 2026
- Punjab National Bank Share Price Today: Why PNB Is Falling 2.35% | 15 October 2026 — 15 October 2026
- Punjab National Bank in Focus After Director Appointment; What to Watch Today | 14 October 2026 — 14 October 2026
More Punjab National Bank news and dated analysis →
Frequently Asked Questions
What is the latest Punjab National Bank company news?
Punjab National Bank announced its financial results for the quarter and half-year ended September 30, 2026, reporting a 12.8% year-over-year rise in net profit to ₹5,532 crore. Global business expanded by 11.9% year-over-year to ₹31,18,434 crore, supported by a 9.9% increase in global deposits and a 14.7% growth in global advances. Asset quality improved significantly, with the Gross NPA ratio declining by 90 basis points year-over-year to 2.55% and the Net NPA ratio improving by 11 basis points to 0.25%.
How strong was Punjab National Bank’s trading volume?
7.25 crore shares traded, 5.20 times the 20-day average daily volume. The price and volume data are dated 19 October 2026 · 03:15 PM IST.
Do the mutual-fund figures show buying today?
They show holdings on 30 September 2026. Quarterly holdings do not identify purchases made on the article date.
Research & analysis: WittyTrades Research Desk
Reviewed by: Mohanish Sanghavi — SEBI Registered Research Analyst
Disclaimer: Investments in securities markets are subject to market risks. Registration with SEBI and NISM certification do not guarantee performance or returns. This article is for information and education, not personalised investment advice or a recommendation to buy, sell or hold.