PNB shares hit 52-week high as volume spikes
In short
Punjab National Bank shares reached a 52-week high of ₹139 and rose 5% in Wednesday’s intraday trade on the BSE. The stock had already gained 11% over two days.
The source said trading volume was heavy.
What the reporting says
The move came after the stock had rallied 11% over two days. The source gave no fresh company announcement, only the market move and price level.
Why it matters
Punjab National Bank shares hit a 52-week high of ₹139 and gained 5% in Wednesday intraday trade on the BSE, with heavy volume, after rising 11% in two days. The source does not cite a company announcement, so the move appears market-led. The event is relevant for banking stocks and short-term trading sentiment.