PNB Shares Rise 8% After Q2 Profit Beats Estimates
Punjab National Bank shares surged 8% after reporting a 13% year-on-year increase in Q2FY27 net profit to Rs 5,532 crore. The rise was driven by stronger net interest income and improving asset quality. Brokerages including Jefferies, Motilal Oswal, and JM Financial raised target prices to Rs 140 each, reflecting bullish sentiment.
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