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.