Pnb Gilts Limited NSE:PNBGILTS

India's PNB Gilts jumps after Q1 profit surge

Published

Source: TradingView

** Shares of India's PNB Gilts NSE:PNBGILTS jump as much as 10.8%, set for biggest intraday percentage rise since October 2024

** Stock last up 7%

** Indian non-bank lender's Q1 profit tripled y/y to 1.60 bln rupees ($18.5 million) as gains made from securities surged with little interest income growth

** Trading vols 8.5 million shares vs 30-day avg of 600k shares in busiest session since June 24

** YTD stock down 2.6%

($1 = 86.4350 Indian rupees)