PNB share price target 2026

Price target: support and resistanceComputed 27 Jun 2026

Levels are a structural band around the live spot 108, set at 5.0% either side for psu volatility. The pivot tracks the live print; support and resistance re-derive on every end-of-day run.

These are structural reference lines, not a SEBI-registered price target. BazaarBaazi is independent media; the levels frame how the desk reads the PNB chart, refreshed every end-of-day run.

The Crack Score, and how it is built62 / 100 · Constructive

The Crack Score is a deterministic 0 to 100 conviction number. Here is exactly what moved it for PNB, so the figure is a transparent signal rather than a vibe.

Base 50, adjusted by the factors above and clamped to 0 to 100. How the Crack Score works.

About Punjab National BankBusiness profile

What PNB actually does, and the edge that holds its position.

Punjab National Bank is the North Indian deposit machine still living down a major fraud-driven stress episode, a turnaround that lives or dies on the credibility of its asset quality. One of India's oldest and largest public-sector banks, it covers retail banking, corporate lending, agricultural finance, and international banking, and the 2020 absorption of Oriental Bank of Commerce and United Bank of India made it the second-largest public-sector bank by advances. The bank serves a deep base of government employees, farmers, and small businesses through an extensive branch network across North India and beyond.

PNB's scale, government ownership, and deep penetration in North Indian agricultural and semi-urban markets give it a deposit and distribution base that smaller regional banks cannot challenge. The sovereign ownership creates an implicit depositor confidence that supports low-cost CASA funding.

The F&O viewHorizon · 1d

How the futures and options structure on PNB reads right now.

Near-money option writing carries a call-heavy PCR of 0.69 near the money (writers capping the upside), with the active cage between the 105 PE and the 111 CE, and the heavier open interest sits on the call side, so the upside is the wall the desk watches. Max-pain pulls toward 107, the level the writers' book is least exposed to into expiry. This is a structural read of the live option chain, not a derivatives trade recommendation.

Why it movedLatest editorial line

The most recent BazaarBaazi read on what is driving PNB.

SBI ticked 0.7%, Bank of Baroda 1.1%, PNB 1.3%.

Read in Opening 15 on 14 May 2026. Why PNB moved, the living explainer, tracks every move on one URL.

The 2026 to 2030 pictureStructural read

What genuinely drives PNB over a multi-year horizon. A structural read, not a price forecast.

For 2026 to 2030, PNB's trajectory is a function of how effectively it integrates the merged entity's technology and culture, reduces its legacy NPA stock, and rebuilds return on equity to a level that private peers already operate at. The structural tailwind is India's priority-sector credit expansion; the structural risk is that public-sector banks face political lending mandates that can recreate NPA cycles. What BazaarBaazi thinks: this is a cleanup-and-re-rate trade, not a quality compounder, the scale and sovereign-backed deposit base are genuine, and the only honest way to own it is to demand proof on credit costs every quarter and accept that PNB carries a deeper governance discount than SBI for good reason.

What to watch:

• NPA reduction pace and provision coverage ratio
• Credit cost trends in the merged loan book
• Capital adequacy ratios and government recapitalisation timing
• Cost-to-income ratio as branch rationalisation progresses
• Recovery from legacy bad-loan accounts

Peers and how to compare3 listed names

The listed names PNB is most often read against. Compare them on the same Crack Score and levels.

Live valuation readQ4 FY05 earnings · live spot

P/E, P/B, yield and the quality set for Punjab National Bank, computed from the latest filed results times the live spot. The price-driven ratios (marked) refresh every session; ROE and margins hold until the next results.

Stored from Punjab National Bank's filed results, as of 2026-06-22 and currency-checked. Price input Rs 107.91 from baked EOD spot. Open the calculator, move the price and watch every ratio react.

Latest filed resultsQ4 FY26

Punjab National Bank's most recent quarter, parsed straight from the official NSE filing. Every figure links back to its primary source.

See every Q4 result the desk has read.

Earnings historyLast 8 quarters

Punjab National Bank's official quarterly revenue, EPS and Result Pulse trail from the verified filings export. These are quarterly facts, not TTM valuation inputs.

What changed7 disclosures

Every recent official filing from Punjab National Bank, straight from the exchange feed, with the BazaarBaazi Event Heat on the disclosure flow.

See what changed across the whole market.

Key fundamentalsEditorial reference

The anchor data BazaarBaazi references when reading the PNB chart. Not a substitute for a registered research note.

Reference chartLevels in show

The daily frame the desk reads on PNB.

FAQ14 reader questions · AEO-eligible

The line on PNB, distilled and schema-marked for AI Overview, Perplexity, and reader search.

Related stock views

The names BazaarBaazi reads alongside PNB, each a living view refreshed every end-of-day run.