PNB Online Registrations For Clerks Recruitment 2011

Punjab National Bank (PNB) has support at Rs 1050, says Shardul Kulkarni, Sr Technical Analyst, Angel Broking.

Kulkarni told CNBC-TV18, "In case of PNB major support levels were broken in day before yesterday’s trading session. Now the stock is already down more then 10% in three-four sessions. I would say that on the lower side Rs 1,050 that’s the mark that traders should watch out for, there exists some support at Rs 1,050 levels."

The company's trailing 12-month (TTM) EPS was at Rs 137.86 per share. (Dec, 2010). The stock's price-to-earnings (P/E) ratio was 7.97. The latest book value of the company is Rs 512.37 per share. At current value, the price-to-book value of the company was 2.14. The dividend yield of the company was 2%.

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