Punjab National Bank to raise Rs 500 crore through Upper Tier II Bonds Series IX

Punjab National Bank has announced that the Bank will be raising Upper Tier II Bonds as PNB Upper Tier II Bond Issue Series IX through an issue size of Rs 500 crore.

The proposed date of opening is June 04, 2009 and proposed date of closing is June 04, 2009.

The stock was trading at Rs.651, down by Rs.12.95 or 1.95%. The stock hit an intraday high of Rs.675 and low of Rs.635.

The total traded quantity was 163229 compared to 2 week average of 240746.

Source : Equity Bulls

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