A renowned name in the Indian debt market, PNB Gilts was one among the firsts to be granted the Primary Dealership License by the RBI. It is a subsidiary of one of India’s largest commercial Banks, Punjab National Bank.
Today, PNB Gilts posted its Q3 result on the BSE quoting 6 per cent decline in its Net Profit in the quarterly basis but a massive 600% rise Year-On-Year. PNB Gilts share price was trading with the rise of 5% at NSE after the declaration of December quarter result.
The company’s total income has declined 5% in the quarterly basis nut its expenses have surged 62% in the same period. However, on the yearly basis, total income has gone up by 84% while its expenses have come down marginally by 3%. Year-on-Year, PNB Gilts’ net profit has surged to a stunning 607% with its EPS going up by 604% in the same time frame.
At 2:22 PM, PNB Gilts share price was quoting at Rs. 54.60, up by 5%. For the details on the stock, visit PNB Gilts share price history page of Dynamic Levels website.
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