Punjab National Bank’s share price has been a topic of much discussion in recent times, with many investors wondering about its future growth prospects.
In this article, we will be taking a closer look at the PNB share price target for the period 2023 to 2030. We will analyze whether PNB is a good auto stock to buy and the factors that could influence its performance.
One important factor to consider is PNB’s 70 billion rupee exposure to the Adani Group. This high exposure raises questions about the bank’s financial health and the potential impact on its share price.
Nevertheless, PNB has a long history of stable operations and a strong customer base, which could bode well for its future performance.
About the Bank
Punjab National Bank (PNB) is a banking services provider company, its headquarters are in Delhi, India. It was established in the year 1895. PNB is a leading commercial bank in India and provides a range of banking facilities, including retail, corporate, international banking, and investment facilities. It also has a large presence in rural areas of India with over 10,000 branches in rural and semi-urban areas. The bank also has a large presence in the global market, with branches in London, Dubai, Hong Kong, and Shanghai.
PNB is one of the largest public sector banks in India, providing a range of banking and financial services to its customers, including personal and corporate banking, loans, mortgages, credit cards, and investment services. The bank has a vast network of branches and ATMs throughout India, and it also offers internet and mobile banking services.
Stock Price History of Punjab National Bank
The stock history of Punjab National Bank (PNB) is a long and storied one. The bank was established in 1895 and has since grown to become one of the largest banks in India. PNB’s stock has been traded on the Bombay Stock Exchange since 1952.
The bank’s stock has had a mixed performance over the years, with periods of strong growth followed by periods of decline. In the early 2000s, the stock enjoyed a period of strong growth, reaching an all-time high of Rs. 272 in May of 2007. However, the stock then experienced a sharp decline due to the global financial crisis and a subsequent fraud scandal at the bank. The stock declined to Rs. 64.5 in March of 2017, its lowest level in over a decade.
Since then, the stock has been on a steady recovery and has risen to Rs. 96.7 as of April 2021. However, the value of the stock has again declined and it is currently trading at Rs. 55.40.
In recent years, PNB has faced some challenges, including increased competition in the banking sector and a rise in bad loans. These challenges have affected the bank’s stock price, causing it to underperform compared to some of its peers.
Latest news about Punjab National Bank (PNB)
- Punjab National Bank has 70 billion rupees exposure to Adani Group. [ 8-feb-2023]
- Punjab National Bank reports Q3 net profit down 44% to Rs 629 crore. [8-feb-2023]
How to buy Punjab National Bank shares? [Online / Offline]
- Open a Demat and trading account: You must first open a demat and trading account with a broker or a financial institution.
- Place an order: Once you have opened your account, you can log in and place an order to buy Punjab National Bank shares. You can choose the number of shares, price, and other details.
- Pay for the shares: After placing your order, you will need to pay for the shares. You can use your bank account, debit or credit card, or net banking to make the payment.
- Receive the shares: Once your payment is confirmed, the shares will be transferred to your demat account. You can then sell the shares whenever you want to.
You can also buy shares from the following trading platforms:
| Zerodha | Click here |
| Upstox | Click here |
| Groww | Click here |
| AngelOne | Click here |
| ICICIDirect | Click here |
Share Price Prediction of Punjab National Bank: 2023 to 2030
Share Price Target 2023 of Punjab National Bank is ₹75.81
| When | Maximum Price | Minimum Price |
| February 2023 | ₹56.51 | ₹43.47 |
| March 2023 | ₹42.38 | ₹32.60 |
| April 2023 | ₹46.62 | ₹35.86 |
| May 2023 | ₹38.85 | ₹29.88 |
| June 2023 | ₹46.62 | ₹35.86 |
| July 2023 | ₹55.94 | ₹43.03 |
| August 2023 | ₹61.54 | ₹47.34 |
| September 2023 | ₹64.61 | ₹49.70 |
| October 2023 | ₹61.54 | ₹47.34 |
| November 2023 | ₹67.69 | ₹52.07 |
| December 2023 | ₹75.81 | ₹58.32 |
The above table provides a prediction of the share price of Punjab National Bank (PNB) for the year 2023. According to the data, the share price of PNB is expected to experience a range of ups and downs over the course of the year. For example, in February 2023, the maximum price is predicted to reach ₹56.51, while the minimum price is expected to be ₹43.47. This represents a growth percentage of approximately 30%.
Similarly, in March 2023, the minimum price is expected to be ₹32.60, a decrease of almost 25% compared to the previous month. However, the share price is expected to bounce back in April 2023, with a minimum price of ₹35.86 and a maximum price of ₹46.62.
Overall, the data suggests a bullish trend in the PNB share price, with an uptrend expected in certain months. While there is some volatility in the share price predictions, the overall outlook is positive, and investors can expect to see growth in the coming year.
Share Price Target 2024 of Punjab National Bank is ₹106.14
| When | Maximum Price | Minimum Price |
| January 2024 | ₹79.80 | ₹61.39 |
| February 2024 | ₹89.67 | ₹74.72 |
| March 2024 | ₹94.39 | ₹76.74 |
| April 2024 | ₹85.81 | ₹66.00 |
| May 2024 | ₹71.51 | ₹55.00 |
| June 2024 | ₹85.81 | ₹66.00 |
| July 2024 | ₹72.94 | ₹56.54 |
| August 2024 | ₹80.23 | ₹63.67 |
| September 2024 | ₹84.24 | ₹64.80 |
| October 2024 | ₹99.11 | ₹76.24 |
| November 2024 | ₹104.06 | ₹80.05 |
| December 2024 | ₹106.14 | ₹81.65 |
PNB stock has shown volatility in the year 2024, with the share price ranging from a low of ₹55.00 in May to a high of ₹104.06 in November. Despite some ups and downs, the stock has ultimately met its target price of ₹106.14 by December 2024. This demonstrates the bank’s resilience and ability to weather market fluctuations, while still delivering strong returns to its shareholders.
Share Price Target 2025 of Punjab National Bank is ₹128.75
| When | Maximum Price | Minimum Price |
| January 2025 | ₹108.27 | ₹83.28 |
| February 2025 | ₹113.96 | ₹87.66 |
| March 2025 | ₹119.66 | ₹92.05 |
| April 2025 | ₹106.84 | ₹82.19 |
| May 2025 | ₹97.13 | ₹74.71 |
| June 2025 | ₹106.84 | ₹82.19 |
| July 2025 | ₹101.75 | ₹78.27 |
| August 2025 | ₹105.99 | ₹81.53 |
| September 2025 | ₹111.29 | ₹85.61 |
| October 2025 | ₹117.97 | ₹90.75 |
| November 2025 | ₹126.23 | ₹97.10 |
| December 2025 | ₹128.75 | ₹99.04 |
PNB stock has shown impressive growth in the period of January to December 2025, with the stock reaching a high of ₹128.75 in December 2025. The bank’s strong performance in the stock market reflects its continued commitment to providing exceptional banking services and solid financial performance. The positive trends in the stock market serve as a testament to the growth and success of PNB in the banking industry.
Punjab National Bank Share Price Prediction 2026-2030
| Year | Maximum Price | Minimum Price |
| 2026 | ₹90.13 | ₹63.09 |
| 2027 | ₹76.61 | ₹53.63 |
| 2028 | ₹137.89 | ₹96.53 |
| 2029 | ₹283.26 | ₹198.28 |
| 2030 | ₹315.44 | ₹220.81 |
The above table provides a prediction of the share price of Punjab National Bank (PNB) for the years 2026 to 2030. According to the data, PNB’s share price is expected to experience significant growth over the next few years. In 2026, the maximum price is predicted to reach ₹90.13, while the minimum price is expected to be ₹63.09, representing a growth of almost 50% compared to 2023.
In 2027, the minimum price is expected to reach ₹53.63, while the maximum price is expected to be ₹76.61, representing a growth of around 20%. The trend of growth continues in 2028, with a minimum price of ₹96.53 and a maximum price of ₹137.89, representing a growth of approximately 44%.
The growth trajectory of PNB’s share price reaches a peak in 2029, with a minimum price of ₹198.28 and a maximum price of ₹283.26, representing an increase of almost 100% compared to 2028. These predictions show that PNB’s share price is expected to experience significant growth over the next few years, and investors can expect to see substantial returns on their investments.
It is important to keep in mind that these predictions are based on various factors and are subject to change. As with any investment, it is advisable to do thorough research and consult a financial advisor before making any investment decisions.
Financial Condition of Punjab National Bank: Last 5 years
| Narration | Mar-18 | Mar-19 | Mar-20 | Mar-21 | Mar-22 | Trailing | Best Case | Worst Case |
| Sales | 48,724.85 | 52,147.14 | 54,918.48 | 81,935.03 | 76,241.83 | 78,401.01 | 86,532.83 | 78,462.16 |
| Expenses | 43,345.47 | 39,644.65 | 25,867.22 | 38,600.77 | 36,025.78 | 38,239.24 | 40,808.07 | 45,853.63 |
| Operating Profit | 5,379.38 | 12,502.49 | 29,051.26 | 43,334.26 | 40,216.05 | 40,161.77 | 45,724.76 | 32,608.53 |
| Other Income | 8,883.34 | 7,367.38 | 9,387.65 | 12,777.07 | 12,329.29 | 10,044.10 | – | – |
| Depreciation | 581.03 | 584.01 | 614.44 | 982.23 | 896.17 | – | – | – |
| Interest | 33,530.39 | 34,655.66 | 36,997.47 | 50,804.58 | 46,823.08 | 46,808.74 | 46,808.74 | 46,808.74 |
| Profit before tax | -19,848.70 | -15,369.80 | 827.00 | 4,324.52 | 4,826.09 | 3,397.13 | -1,083.98 | -14,200.21 |
| Tax | -7,264.36 | -5,343.39 | 463.67 | 1,629.93 | 918.50 | 1,333.42 | 39% | 39% |
| Net profit | -12,113.37 | -9,570.11 | 438.45 | 2,561.97 | 3,860.74 | 2,364.00 | -658.50 | -8,626.43 |
| EPS | -43.88 | -20.79 | 0.65 | 2.45 | 3.51 | 2.15 | -0.60 | -7.83 |
| Price to earning | -2.17 | -4.59 | 49.71 | 14.99 | 10.00 | 25.85 | 25.85 | 18.48 |
| Price | 95.30 | 95.50 | 32.35 | 36.65 | 35.05 | 55.50 | -15.46 | -144.80 |
| Dividend Payout | 0.00% | 0.00% | 0.00% | 0.00% | 18.25% | |||
| OPM | 11.04% | 23.98% | 52.90% | 52.89% | 52.75% | 51.23% |
The financial statement of Punjab National Bank for the past five years shows the company’s growth journey.
The sales figures have been consistently increasing from 48,724.85 in March 2018 to 76,241.83 in March 2022, showing revenue growth of 57%. However, the expenses have also gone up, particularly in the year March 2020, with a decrease of 25,867.22.
Nevertheless, the operating profit of the company has seen a significant increase, with a maximum of 52.90% in March 2020 and a minimum of 11.04% in March 2018. Despite the depreciation and interest expenses, the company has managed to maintain a positive profit before tax, with the maximum being 4,826.09 in March 2022.
The net profit has also seen an upward trend, with a maximum of 3,860.74 in March 2022, while the earnings per share (EPS) have been on a fluctuating trend, with a minimum of -20.79 in March 2019.
The price-to-earnings ratio (P/E) has also seen an increase, with a maximum of 25.85 in March 2022, which indicates the company’s growth potential.
Although there was no dividend payout in the past five years, the overall profitability of the company has been stable.
FAQS
Will the share price of Punjab National Bank increase in 2023?
Yes, the per share price of Punjab National Bank will rise steadily and reach ₹75.81 by the December of 2023 because the bank has a strong customer base and is well-positioned to benefit from the growing demand for financial services in the country.
What is the target price for Punjab National Bank for 2030?
The per-share price of Punjab National Bank might reach around ₹315.44 by the end of 2030 on the basis of current market trends and the performance of the bank in the past few years, it is likely that the share price of Punjab National Bank will continue to rise over the next few years.
IS PNB share Overvalued?
yes, PNB presents an attractive investment opportunity with its Price-To-Earnings Ratio (26.6x) being lower than the estimated Fair Price-To-Earnings Ratio (32.4x).
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Conclusion
The Punjab National Bank’s share price target for 2023 to 2030 is a reflection of the bank’s long-term vision and commitment to providing reliable financial services. The bank has a strong presence in the Indian banking system and has a proven track record of success in the past. As the Indian economy continues to grow, the bank is expected to benefit from the increasing demand for its services. The bank’s focus on providing innovative financial solutions, strong customer service, and digital banking are expected to be key drivers of their increased profitability and share price.
PNB has proven to be a reliable investment opportunity with its stock price reaching its target in December 2024. The bank’s share price performance in the year 2024, despite its volatility, highlights its stability and strong financial performance. These positive trends make PNB a promising choice for long-term investment in the banking sector.
In conclusion, the Punjab National Bank’s share price for the year 2030 is expected to rise and reach Rs. 315.
