PNB Gilts dips on reporting net loss of Rs 6.15 crore in Q3
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PNB Gilts is currently trading at Rs. 63.75, down by 7.95 points or 11.09% from its previous closing of Rs. 71.70 on the BSE.
The scrip opened at Rs. 63.20 and has touched a high and low of Rs. 66.00 and Rs. 62.85 respectively. So far 212629 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 94.65 on 03-Jun-2021 and a 52 week low of Rs. 40.05 on 28-Jan-2021.
Last one week high and low of the scrip stood at Rs. 75.85 and Rs. 62.85 respectively. The current market cap of the company is Rs. 1148.46 crore.
The promoters holding in the company stood at 74.07%, while Institutions and Non-Institutions held 0.60% and 25.33% respectively.
PNB Gilts has reported net loss at Rs 6.15 crore for the quarter ended December 31, 2021 as compared to net profit of Rs 167.07 crore for the same quarter in the previous year. Total income of the company decreased by 18.43% at Rs 263.54 crore for Q3FY22 as compared Rs 323.07 crore for the corresponding quarter previous year.
PNB Gilts a renowned and preferred name in the Indian debt market was one of the first entities to be granted the Primary Dealership License by the Reserve Bank of India. The company is also a subsidiary of one of the largest Indian commercial banks, Punjab National Bank.
