Punjab & Sind Bank dropped for a fifth straight session today. The stock is quoting at Rs 23.15, down 3.14% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.05% on the day, quoting at 16977.9. The Sensex is at 57669.26, up 0.03%.Punjab & Sind Bank has eased around 13.46% in last one month.Meanwhile, Nifty Pharma index of which Punjab & Sind Bank is a constituent, has eased around 5.83% in last one month and is currently quoting at 3574.9, down 0.77% on the day. The volume in the stock stood at 8.73 lakh shares today, compared to the daily average of 18.79 lakh shares in last one month.
The PE of the stock is 13.54 based on TTM earnings ending December 22.