Punjab National Bank share price falls below QIP floor price; stock down 8%
Updated : December 16, 2020 03:21 PM IST
PNB's QIP, which opened on December 15, had a floor price set at Rs 37.35 per share.
The stock fell as much as 8.1 percent to Rs 37.25 per share on BSE which is below its floor price for the QIP.
However, in the last 1 month, the stock has rallied 40 percent on strong earnings revival.