⚠ Disclaimer: This report is generated using AI tools and is for informational purposes only. It does not constitute investment advice. Please consult a registered financial advisor before making any investment decisions.
PNB - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.8
| Stock Code | PNB | Market Cap | 1,29,811 Cr. | Current Price | 113 ₹ | High / Low | 135 ₹ |
| Stock P/E | 7.99 | Book Value | 124 ₹ | Dividend Yield | 2.56 % | ROCE | 6.30 % |
| ROE | 14.2 % | Face Value | 2.00 ₹ | DMA 50 | 121 ₹ | DMA 200 | 116 ₹ |
| Chg in FII Hold | 0.26 % | Chg in DII Hold | 0.55 % | PAT Qtr | 5,100 Cr. | PAT Prev Qtr | 4,904 Cr. |
| RSI | 36.3 | MACD | -3.34 | Volume | 1,62,89,937 | Avg Vol 1Wk | 1,81,70,736 |
| Low price | 89.1 ₹ | High price | 135 ₹ | PEG Ratio | 0.12 | Debt to equity | 12.3 |
| 52w Index | 52.1 % | Qtr Profit Var | 13.1 % | EPS | 14.1 ₹ | Industry PE | 7.57 |
📊 Technical Analysis
- Trend: The stock is reversing from recent highs and currently showing weakness, trading below both short- and long-term averages.
- Moving Averages: Current price (₹113) is below 50 DMA (₹121) and 200 DMA (₹116), indicating bearish bias.
- RSI: 36.3 — approaching oversold territory, suggesting potential rebound but weak momentum.
- MACD: -3.34 — bearish crossover, confirming downward momentum.
- Bollinger Bands: Price is near the lower band, signaling oversold conditions and possible short-term bounce.
- Volume Trends: Current volume (1.62 Cr) is lower than 1-week average (1.81 Cr), showing reduced participation.
🎯 Entry & Exit Zones
- Support: ₹110 – ₹112 (near recent lows)
- Resistance: ₹120 – ₹122 (near 50 DMA)
- Optimal Entry: Around ₹111 – ₹113 if support holds.
- Exit Zone: ₹120 – ₹122 for short-term traders.
✅ Positive
- Low P/E (7.99) compared to industry average (7.57), making valuation attractive.
- Dividend yield of 2.56% provides steady income.
- Quarterly PAT growth (₹4,904 Cr → ₹5,100 Cr) shows consistent performance.
- EPS of ₹14.1 supports earnings stability.
⚠️ Limitation
- High debt-to-equity ratio (12.3) raises leverage concerns.
- ROCE (6.30%) is modest, limiting efficiency.
📉 Company Negative News
- Stock has corrected from 52-week high (₹135 → ₹113).
- High leverage remains a structural risk.
📈 Company Positive News
- FII holding increased by 0.26% and DII holding increased by 0.55%, showing institutional confidence.
- Quarterly profit growth (+13.1%) highlights operational strength.
🏭 Industry
- Industry PE is 7.57, close to PNB’s 7.99, suggesting fair valuation.
- Banking sector outlook remains stable, supported by credit growth and government initiatives.
🔎 Conclusion
- PNB is reversing from highs and currently in a bearish phase, trading below key averages.
- Short-term momentum is weak, but oversold RSI suggests potential rebound.
- Best strategy: Enter cautiously near ₹111 support, exit around ₹122 resistance.
- Overall, the stock is in a reversal phase with attractive valuation but high leverage risks.