In the afternoon trade, Punjab & Sind Bank is quoting at Rs 18.5, up 8.19 o per cent on the NSE. The stock is up 3.06 per cent in 2021 compared to a 0.12 per cent jump in NIFTY and a 17.17 per cent jump in the Nifty Pharma index.

Punjab & Sind Bank is up for a third straight session on Friday. The benchmark NIFTY is down around 0.03 per cent, quoting at 18047.25. The Sensex is at 60734.47, down 0.17 per cent. Punjab & Sind Bank gained around 18.97 per cent on October 22.

Meanwhile, the Nifty Pharma index of which Punjab & Sind Bank has gained around 16.8 per cent in October and recently quoted at 3496.15, up 1.1 per cent today. The volume in the stock stood at 54.25 lakh shares on November 4 2022, as compared to the daily average of 3.94 lakh shares in October.

At the end of June 2022, the private equity of the stock is 10.82 based on TTM earnings.