Punjab National Bank has seen its shares perform exceptionally well this year so far, rewarding its shareholders with a return of 53%. During this period, the stock has appreciated from ₹56.80 apiece to the current level of ₹86.40.
This marks the stock’s third consecutive yearly return. In CY21, it gained 12.86%, and in the following year, it rallied another 51.34%. Currently, the stock is ranked as the top gainer in the Nifty Bank index, with a yearly return of 55.4%.