HomeStock MarketPNB stock hits 52-week high after UTI AMC sale

PNB stock hits 52-week high after UTI AMC sale

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By lapaasindia
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  • When Punjab National Bank (PNB) announced that the Center has approved the sale of a stake in UTI Asset Management Company, its shares rose to a new 52-week high on Friday (AMC).
  • PNB’s stock reached a new high of ₹55.65 per share on the NSE, and UTI AMC’s stock also increased by almost 6%.
  • PNB currently owns a 15.22% stake in UTI AMC.

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