Shares of Punjab National Bank gained 1.7% after the lender posted a 14% year-on-year rise in profit after tax for Q2FY26, supported by improved asset quality and steady business growth. Despite a slight dip in net interest income, operating profit and key financial ratios strengthened, with GNPA and NNPA levels improving and the Provision Coverage Ratio rising.
Why FIIs are dumping bluechips to hunt small & midcaps
Foreign institutional investors are shifting their focus from India’s top blue-chip stocks to a wider array of mid- and small-cap companies. This strategic repositioning is