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F-14/15, Orbit Mall, Civil Lines, Jaipur-302006 support@thetaxheaven.comPunjab National Bank, commonly known as PNB, is one of India’s largest and oldest public sector banks. After facing challenges in the past decade, the bank has undergone a strong turnaround phase driven by balance-sheet clean-up, improved asset quality, and better capital adequacy. With India’s banking sector benefiting from economic growth, credit expansion, and PSU bank reforms, PNB has re-emerged as a key player in the public banking space.
In this article, we present a fresh, SEO-friendly analysis of Punjab National Bank (PNB) share price targets from 2026 to 2030, based on current market data, financial strength, and long-term banking sector trends.
| Detail | Value |
|---|---|
| Open | ₹123.94 |
| Previous Close | ₹123.94 |
| Day’s High | ₹125.44 |
| Day’s Low | ₹123.80 |
| VWAP | ₹124.70 |
| 52-Week High | ₹127.80 |
| 52-Week Low | ₹85.46 |
| All-Time High | ₹279.98 |
| All-Time Low | ₹7.00 |
| Market Capitalization | ₹1,43,891 Cr |
| Volume | 62,85,389 |
| Value (Lacs) | 7,869.31 |
| 20D Avg Volume | 1,51,65,157 |
| 20D Avg Delivery (%) | 41.79% |
| Face Value | ₹2 |
| Book Value Per Share | ₹108.61 |
| Dividend Yield | 2.32% |
| Beta | 1.13 |
Punjab National Bank is a leading public sector bank in India with a strong nationwide presence across retail banking, corporate lending, MSME financing, agriculture credit, and digital banking services. Following mergers and restructuring, PNB has focused on strengthening its balance sheet, reducing NPAs, and improving profitability.
Government backing, improving credit growth, and rising digital adoption continue to support the bank’s long-term outlook.
Strong government ownership and support
Significant improvement in asset quality and NPA ratios
Growing retail and MSME loan portfolio
Healthy dividend yield compared to peers
Expanding digital banking and cost efficiency initiatives
India’s banking sector is benefiting from:
Strong GDP growth and rising credit demand
Lower NPAs across PSU banks
Better capital adequacy and recovery mechanisms
Increased focus on retail and MSME lending
Public sector banks like PNB are increasingly gaining investor confidence due to improved governance and profitability trends.
| Investor Type | Holding (%) |
|---|---|
| Promoters (Government of India) | 70.08% |
| Other Domestic Institutions | 10.02% |
| Retail & Others | 8.71% |
| Foreign Institutions | 5.67% |
| Mutual Funds | 5.52% |
High promoter holding reflects strong government backing, while rising institutional participation signals improving confidence in PNB’s turnaround story.
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2026 | 155 | 175 |
| 2027 | 180 | 205 |
| 2028 | 210 | 240 |
| 2029 | 245 | 280 |
| 2030 | 290 | 330 |
These projections are based on improving return ratios, steady credit growth, stable asset quality, and favorable PSU banking valuations.
By 2026, consistent profit growth and controlled NPAs could strengthen valuation.
Growth Drivers
Credit growth in retail and MSME segments
Stable asset quality
Improved net interest margins
Investment View: Suitable for conservative investors seeking PSU bank exposure.
In 2027, operational efficiency and higher loan growth may further boost earnings.
Growth Drivers
Better cost-to-income ratio
Expansion in digital banking services
Stable dividend payouts
Investment View: Positive outlook with moderate growth expectations.
By 2028, PNB may command higher valuations as ROE and ROA improve.
Growth Drivers
Sustained credit cycle uptrend
Strong recovery from legacy stressed assets
Improved investor sentiment toward PSU banks
Investment View: Suitable for medium-to-long-term investors.
As India’s banking system matures, PNB could benefit from scale and reach.
Growth Drivers
Higher profitability
Stable capital adequacy
Consistent dividend yield
Investment View: Favorable for long-term wealth creation with lower risk compared to small-cap banks.
By 2030, PNB could emerge as a stronger and more efficient PSU banking giant.
Growth Drivers
Strong economic growth and credit demand
Improved valuation multiples
Continued government reforms in PSU banks
Investment View: Ideal for long-term investors seeking stability with growth.
Punjab National Bank represents a turnaround PSU banking story supported by government backing and improving financial health. While PSU banks generally offer moderate growth compared to private banks, PNB provides a balance of value, dividend income, and stability.
Strong book value support
Improving profitability and asset quality
Attractive dividend yield
Beneficiary of India’s credit growth cycle
Slower growth compared to private sector banks
Policy and regulatory changes
Macroeconomic slowdown affecting credit demand
Punjab National Bank (PNB) has successfully moved past its challenging phase and is now positioned as a stable, fundamentally improving public sector bank. With rising credit demand, better asset quality, and consistent government support, PNB share price could potentially reach ₹290–₹330 by 2030. For investors seeking long-term exposure to India’s banking growth with relatively lower risk, PNB remains a solid consideration.
1. What is the current share price of PNB?
It trades around the levels mentioned in the latest market data and changes with market conditions.
2. What is the PNB share price target for 2026?
The estimated range is ₹155 to ₹175.
3. Is Punjab National Bank a good long-term investment?
Yes, for investors looking for stable PSU bank exposure with dividends and moderate growth.
4. What is the PNB share price target for 2030?
The projected range is ₹290 to ₹330.
5. What factors influence PNB’s share price the most?
Asset quality, credit growth, profitability, government policies, and overall banking sector performance.
Disclaimer: This article is for educational purposes only and does not constitute investment advice. Please consult a certified financial advisor before making any investment decisions.
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