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VERIFIEDET Markets·positive

PNB shares jump 8% after Q2 results beat estimates; Jefferies, Motilal Oswal, others raise target prices

AI Summary
  • ·Punjab National Bank's Q2FY27 net profit increased by 13% year-on-year to Rs 5,532 crore.
  • ·The bank reported stronger net interest income and improving asset quality.
  • ·Brokerages including Jefferies, Motilal Oswal, and JM Financial raised target prices to Rs 140.
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