Punjab & Sind Bank is down for a fifth straight session today. The stock is quoting at Rs 48.09, down 4.9% on the day as on 12:59 IST on the NSE. The benchmark NIFTY is down around 0.94% on the day, quoting at 23659.1. The Sensex is at 78007.07, down 0.85%.Punjab & Sind Bank has lost around 7.94% in last one month.Meanwhile, Nifty PSU Bank index of which Punjab & Sind Bank is a constituent, has eased around 0.18% in last one month and is currently quoting at 6745.95, down 1.86% on the day. The volume in the stock stood at 12.03 lakh shares today, compared to the daily average of 10.95 lakh shares in last one month.
The PE of the stock is 50.52 based on TTM earnings ending September 24.