PUNJAB NATIONAL BANK SHARE PRICE TARGET 2023 TO 2030: CAN IT REACH 500INR BY 2025?

As the Indian economy recovers from the pandemic, investors are looking for opportunities in the stock market. PNB, a leading public sector bank in India, has piqued many people’s interests. Despite recent challenges, PNB has demonstrated resilience and is positioned for expansion in the years to come. In this article, we will look at PNB’s stock price target from 2023 to 2030, analyzing major financial indicators, market dynamics, and experienced professional recommendations to determine whether PNB is a good stock to buy. Whether you’re an experienced investor or a newbie to the market, keep reading to learn about the potential benefits and risks of investing in PNB.

Latest news about Punjab National Bank

➤In an unexpected decision, state-owned lender Punjab National Bank (PNB) increased interest rates on bulk fixed deposits of more than 2 Cr to 5 Cr. As a result of the revision, the bank raised interest rates on tenors ranging from 7 days to 1 year. According to PNB’s official website, the new bulk FD rates have taken effect from May 4, 2023.

➤Punjab National Bank is one of the stocks that has high probability of entering the Large Cap group.

➤With effect from the date of assumption of office or until further orders, whichever is earlier, the Central Government appointed Shri Ashutosh Choudhury, Chief General Manager (CGM), Punjab National Bank, as Executive Director in Indian Bank for a period of three years.

How to purchase Punjab National Bank shares?

Below are the trading platforms that you can use to purchase Punjab National Bank shares:

➤ Zerodha

➤ Upstox

➤ Groww

➤ AngelOne

➤ ICICIDirect

Punjab National Bank Share Price Prediction: 2023 to 2030.

Punjab National Bank Share Price Prediction 2023.

The table provided displays the predicted share prices of Punjab National Bank (PNB) for the year 2023. The prices vary throughout the year, with the highest maximum price of ₹93.56 in December 2023 and the lowest minimum price of ₹36.88 in May 2023. The share price is expected to have a bullish trend, indicating an uptrend in the market. Going through some financials of Punjab National Bank, we can analyze that the Earning per share has decreased to 1.66 in May 2023 from 3.84 in March 2022, whereas the Price-to-Earnings and Price-to-Book ratio has increased to 29.25 and 0.59 respectively in comparison to last year.

The growth percentage of the share price varies each month, with the highest growth percentage predicted in December 2023 at 31.33%, and the lowest in May 2023 at -29.50%. Overall, the trend appears to be positive, with the share price increasing each month after May 2023.

Punjab National Bank Share Price Prediction 2024.

The table provided represents the expected share price of Punjab National Bank (PNB) for the year 2024. The maximum share price target for the year is ₹130.98 in December 2024, whereas the minimum share price target is ₹67.88 in May 2024. Overall, the trend appears to be bullish, with a positive growth percentage predicted each month.

Investors can expect a decent return on their investment if they invest in PNB shares in 2024. However, it is important to keep in mind that there may be periods of bearish trends or market fluctuations that may affect the predicted growth percentage. Therefore, it is crucial for investors to stay informed about market trends and global events that may impact the share prices of PNB.

Punjab National Bank Share Price Prediction 2025.

Punjab National Bank Share Price Prediction 2026-2030.

Financial Condition of Punjab National Bank: Last 5 years

The financial statement of PNB Bank shows a mixed bag of results over the past five years. The company’s revenue growth has been erratic, with an increase from 48,724.85 crore in Mar-18 to a peak of 81,935.03 crore in Mar-21, followed by a decline to 76,241.83 crore in Mar-22. Similarly, the company’s profit growth has been volatile, with losses in Mar-18 and Mar-19, followed by a small profit of 438.45 crore in Mar-20, and then a significant improvement to 2,561.97 crore in Mar-21 and 3,860.74 crore in Mar-22. The EPS also witnessed a positive trend, rising from negative 43.88 in Mar-18 to 1.66 in May-23, indicating a steady increase in profitability. The company’s dividend payout, which was nil for the past four years, rose to 18.25% in Mar-22, indicating the company’s willingness to reward its shareholders. The OPM has remained consistently high, hovering around 50%, indicating the company’s ability to generate significant profits after meeting its operating expenses. Overall, PNB Bank has seen significant growth in revenue and profit, with a few setbacks in the past five years, but it appears to be recovering and heading towards a more stable financial performance.

Punjab National Bank share price target by Experts

Sharekhan on Punjab National Bank share price target

Sharekhan has given a buy call on Punjab National Bank. According to him, you can continue buying Punjab National Bank share with a target price of Rs64.

Motilal Oswal on Punjab National Bank share price target

Motilal Oswal has given a buy call on Punjab National Bank. According to him, you can continue buying Punjab National Bank share with a target price of Rs50.

FAQS

What is the current share price of Punjab National Bank?

The current share price of Punjab National Bank as of March 2023 is approximately 49 INR.

What was the highest share price of Punjab National Bank in the past 5 years?

The highest share price of Punjab National Bank in the past 5 years was 158.89 INR in 2025.

What was the lowest share price of Punjab National Bank in the past 5 years?

The lowest share price of Punjab National Bank in the past 5 years was 36.88 INR in 2023.

What is the projected share price target for Punjab National Bank in 2023?

The projected share price target for Punjab National Bank in 2023 is approximately 150 INR.

What is the projected share price target for Punjab National Bank in 2024?

The projected share price target for Punjab National Bank in 2024 is approximately 180 INR.

What is the projected share price target for Punjab National Bank in 2025?

The projected share price target for Punjab National Bank in 2025 is approximately 220 INR.

Can Punjab National Bank shares reach 500 INR by 2025?

It is unlikely that Punjab National Bank shares will reach 500 INR by 2025 based on current projections and historical data.

What factors could affect the share price of Punjab National Bank in the coming years?

Factors such as economic conditions, industry trends, company performance, and government policies could affect the share price of Punjab National Bank in the coming years.

Is Punjab National Bank a good stock to buy for long-term investment?

Punjab National Bank has shown steady growth in the past few years and has a strong presence in the banking industry.

What is the recommendation for investing in Punjab National Bank shares?

The recommendation for investing in Punjab National Bank shares is to consult with a financial advisor and conduct thorough research and analysis before making any investment decisions.

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Conclusion

Overall, based on an examination of PNB’s financial performance over the last five years, the company has demonstrated significant growth in terms of earnings, PAT, and profit growth. PNB had also proven its capacity for making relatively high revenues from its business activities by having an OPM of more than 50% in the last two years. Furthermore, the company’s dividend payout to shareholders has been increasing, denoting its strong financial position.

Looking ahead, PNB’s share price target projections from 2023 to 2030 appear promising. With a maximum share price of 389.27 expected in 2030, investors could see a more than 100% increase from current levels.

Author: Neelam KushwahaNeelam Kushwaha is a Bachelor's student in Computer Science at Hansraj College with a keen interest in finance and the stock market. She is a senior editor at Financesrule, where she shares her insights and expertise in researching stock price predictions. Neelam's analytical skills and unique perspectives make her a valuable asset to the financial community. In her free time, she enjoys reading and traveling.

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