NIFTY 50

Q2 results of Punjab National Bank disappointing, says SP Tulsian

Updated : November 02, 2018 06:09:36 IST

SP Tulsian of sptulsian.com on Friday said fraud-hit state-run Punjab National Bank's (PNB) second quarters results were disappointing.

Talking on PNB, he said, "Firstly, provisions have increased and no improvements seen in the performance. The retail and wholesale banking also disappointed."

Tulsian said he is happy with the Godrej Consumer and Gujarat State Fertilisers and Chemicals (GSFC) as we have seen excellent numbers from both the companies.

He further added, “Apart from that, Procter & Gamble and Aditya Birla Fashion and Retail have shown a good number."

Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more
Live TV

recommended for you