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News Topical, Digital Desk : Punjab National Bank shares have been on a four-month upward trend, and this momentum has intensified in the first month of 2026. Punjab National Bank shares have hit a one-year high and a 52-week high. The bank stock has experienced a new upward trend since September last year, jumping from a low of ₹101 to over ₹132.
Punjab National Bank shares began their upward trend in March last year. At that time, the public sector bank's share price was ₹85. Market experts have confirmed a breakout in Punjab National Bank shares and have provided new target prices.
New target price of PNB shares
Jigar S. Patel, Senior Manager, Equity Research, Anand Rathi Investment Services, said that Punjab National Bank shares have broken out with good price action and volume, and the stock could reach ₹137. On the downside, there is good support at ₹128. Therefore, if Punjab National Bank is available in the ₹128-₹130 range, it could be considered a buy.
PNB share returns
Punjab National Bank shares have returned approximately 13% in the past month, while they have gained 15% in the past six months. In the past year, since January of last year, PNB shares have returned approximately 32%.
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