PNB Gilts hits lower circuit
DSIJ Intelligence / 25 Nov 2016

PNB Gilts has hit lower circuit and has reduced by 4.98 per cent on bourses. The share price of the company closed at Rs 56.25 on an intraday basis. PNB Gilts witnessed upper circuit for continuous four trading sessions till Thursday.
PNB Gilts has hit lower circuit and has reduced by 4.98 per cent on bourses. The share price of the company closed at Rs 56.25 on an intraday basis. PNB Gilts witnessed upper circuit for continuous four trading sessions till Thursday.
The share price of PNB Gilts had volume of 1.3 million and was trading above 300 simple moving averages. The company attained 52-week high of Rs 61.9 on November 25, 2016 and 52-week low at Rs 21.85 on February 12, 2016.
The total income from operation stands at Rs 175 crore, an increase of 70 per cent as compared with the corresponding quarter of the previous fiscal. The company’s net profit stands at Rs 70.14 crore, an increase of three times on a yearly basis.
Since Q2FY17 results, the its share price has zoomed 92 per cent. In the last one year, share price of the company has almost doubled, surging by more than 125 per cent.
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