PNB Q2 Update: Global Business Crosses Rs 31 Lakh Crore, Advances Surge 14.8%
Indian markets moved higher in a quarterly results development.
· NDTV Profit
PNB's global business rose 12% year-on-year to Rs 31.2 lakh crore, while domestic business grew 10.8% from a year earlier to Rs 29.7 lakh crore.
The analysis
Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
Market context
- The immediate tone of coverage reads positive.
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