PNB: The PSU bank said it has issued and allotted Basel Ill Compliant Additional Tier-I Bonds at a coupon of 8.55 per cent per annum, aggregating to Rs 1,153 crore on private placement basis.
The PNB stock eventually settled 1.48 per cent higher at Rs 91.24. At this price, turnover on the counter came at Rs 38.61 crore, commanding a market capitalisation (m-cap) of Rs 1,00,464.51 crore.
Multibagger stock: PNB shares, which closed at Rs 34.85 on September 28, 2022 ended at Rs 79.63 on Thursday, clocking 128.49% returns during the period.