Hot Pursuit     30-Jan-17
PNB Gilts jumps after strong Q3 outcome
PNB Gilts was locked at 5% upper circuit at Rs 54.60 at 14:59 IST on BSE after net profit spurted 606.86% to Rs 65.88 crore on 84.36% growth in total income from operations to Rs 166.26 crore in Q3 December 2016 over Q3 December 2015.
The result was announced during market hours today, 30 January 2017.

Meanwhile, the S&P BSE Sensex was down 3.77 points or 0.01% at 27,878.69.

On the BSE, 4.34 lakh shares were traded on the counter so far as against the average daily volumes of 4.91 lakh shares in the past one quarter. The stock had hit a high of Rs 54.60 and a low of Rs 51.65 so far during the day.

The stock had hit a record high of Rs 61.90 on 25 November 2016 and a 52-week low of Rs 21.85 on 12 February 2016. The stock had outperformed the market over the past one month till 27 January 2017, advancing 15.3% compared with the Sensex's 6.37% rise. The scrip had also outperformed the market over the past one quarter, gaining 40.73% as against the Sensex's 0.12% fall.

The small-cap company has equity capital of Rs 180.01 crore. Face value per share is Rs 10.

PNB Gilts, a subsidiary of Punjab National Bank, supports government borrowing program via underwriting of government securities issuances and trade in a gamut of fixed income instruments such as government securities, treasury bills, state development loans, corporate bonds, interest rate swaps and various money market instruments such as certificates of deposits, commercial papers etc.

Previous News
  PNB Gilts standalone net profit rises 405.04% in the March 2024 quarter
 ( Results - Announcements 18-May-24   07:41 )
  PNB Gilts director resigns
 ( Corporate News - 24-Jan-23   15:33 )
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 ( Corporate News - 24-Jul-23   10:42 )
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 ( Hot Pursuit - 22-Sep-23   12:15 )
  PNB Gilts fixes record date for interim dividend
 ( Market Beat - Reports 31-Oct-20   12:45 )
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 ( Corporate News - 16-Apr-24   14:31 )
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 ( Corporate News - 29-Aug-20   10:00 )
  PNB Gilts to convene board meeting
 ( Corporate News - 04-Feb-20   15:36 )
  PNB Gilts receives reaffirmation in credit ratings from CRISIL
 ( Corporate News - 27-Oct-20   11:12 )
  PNB Gilts to declare Quarterly Result
 ( Corporate News - 17-Jan-24   13:56 )
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