Top 6 PSU Bank Stocks That Witnessed Steep Decline

Leading PSU bank stocks witnessed a sharp decline of nearly 8% intraday on worries of loans given to billionaire Gautam Adani-led conglomerate. These stocks are Bank of Baroda, State Bank of India, Canara Bank, PNB, Union Bank of India, and Bank of Maharashtra. Check details below:

1. Bank of Baroda

The stock declined sharply intraday on Wednesday. The last trading price of Bank of Baroda is Rs 154.30 apiece with an intraday fall of 8.10%. The stock's 52-week high is Rs 197.20 apiece and 52-week low is Rs 89.90 apiece, respectively. The banking company has a market capitalisation of Rs 79,794.12 crore.

2. State Bank of India

The bank fell 4.80% in trade on February 1, 2022. The stock's last trading price is Rs 527.10 apiece. Its 52-week high is Rs 629.65 apiece and 52-week low is Rs 425.00 apiece, respectively. The bank has a market capitalisation of Rs 4,70,416.28 crore.

3. Bank of Maharashtra

The stock witnessed a dip of 5.43% intraday with last trading price at Rs 28.75 apiece. The stock's 52-week high is Rs 36.25 apiece and 52-week low is Rs 15.00 apiece, respectively. The company has a market capitalisation of Rs 19,350.18 crore.

4. Canara Bank

The renowned PSU stock dived 6.27% in trade today. Its last trading price is Rs 284.75 apiece. The stock's 52-week high is Rs 341.60 apiece and 52-week low is Rs 171.70 apiece, respectively. The bank has a market capitalisation of Rs 51,657.36 crore.

5. Punjab National Bank

The leading PSU bank stock witnessed a dip of 6.16% on Wednesday. Its last trading price is Rs 50.30 apiece on BSE. The bank has a market capitalisation of Rs 55,385.41 crore. Its 52-week high is quoted at Rs 62.05 apiece and 52-week low is quoted at Rs 28.05 apiece, respectively.

6. Union Bank of India

The stock fell 5.68% intraday today. Its last trading price is Rs 73.95 apiece with 52-week high at Rs 96.40 apiece and 52-week low at Rs 33.55 apiece, respectively. The banking company has a market capitalisation of 50,542 crore.