Punjab & Sind Bank posted a robust 74.73% YoY growth in operating profit, reaching Rs 484 crore in Q3 FY25, up from Rs 277 crore in the same period last year. The bank’s net interest margin (NIM) also improved, rising by 24 basis points YoY to 2.78% in the third quarter of FY25.
Kaynes shares plunge 43% from October peak. Is a tactical rebound on the cards or more pain ahead?
Kaynes has plunged 43.5% from its October peak, with Friday’s 12.5% drop marking the steepest single-day decline. Momentum indicators remain bearish, signaling a risk of