Punjab National Bank Shares Rally as Shares Are Split

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Shares in Punjab National Bank (PNB) rallied as it went ex split today. The shares were up almost 4 per cent at Rs 225 on the National Stock Exchange.

Punjab National Bank Shares Rally as Shares Are Split
Punjab National Bank: Quotes, News
BSE 132.10BSE Quote1.7 (1.29%)
NSE 132.25NSE Quote1.9 (1.44%)
PNB's equity shares with a face value of Rs. 10, is sub-divided into five equity shares with a face value of Rs. 2 each. Accordingly, the shares of the bank have been adjusted by a fifth of yesterday's close on the stock exchanges.

PNB shares touched a high of Rs 226 and a low of Rs 221 on the National Stock Exchange.

Meanwhile, the BSE Sensex has rallied 282 points and was a shade below the 27,000 points mark.

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