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Magellanic Cloud has successfully completed the handover of 685 sites under Phase 1 of its Punjab & Sind Bank deployment by the second week of August 2026. The Company has completed and handed over approximately 74% of the total 930-site deployment scope within a short span of just 5 Months, demonstrating strong execution capabilities, operational efficiency, and the ability to deliver large-scale, distributed surveillance deployments at pace.
Punjab & Sind Bank is down for a fifth straight session today. The stock is quoting at Rs 22.54, down 0.18% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.77% on the day, quoting at 23871.2. The Sensex is at 76450.83, down 0.64%.Punjab & Sind Bank has lost around 5.13% in last one month.Meanwhile, Nifty PSU Bank index of which Punjab & Sind Bank is a constituent, has eased around 0.01% in last one month and is currently quoting at 8505.75, down 0.24% on the day. The volume in the stock stood at 14.37 lakh shares today, compared to the daily average of 10.14 lakh shares in last one month.
The PE of the stock is 11.59 based on TTM earnings ending June 26.
Net interest income (NII) grew 15.33% to Rs 1,038 crore in Q1 FY27 as compared with Rs 900 crore recorded in Q1 FY26.
During the quarter, the bank’s total business grew by 15.27% YoY to Rs 2,66,420 crore, wherein total advances were up by 19.35% YoY to Rs 1,19,290 crore.
Total deposits rose 12.16% to Rs 1,47,130 crore as against Rs 1,31,182 crore recorded in the corresponding quarter last year.
CASA deposits stood at Rs 44,225 crore in Q1 FY27 as compared to Rs 40,133 crore posted in Q1 FY26, registering a growth of 10.20%. The CASA ratio was 30.31% as of 30 June 2026, as against 30.43% as of 30 June 2025.
Gross non-performing assets (GNPA) reduced 21.02% to Rs 2,637 crore as of 30 June 2026, as against Rs 3,339 crore as of 30 June 2025.
On the asset quality front, the gross NPA ratio reduced to 2.21% in Q1 FY27 as against 3.34% recorded in Q1 FY26. The net NPA ratio reduced to 0.65% in Q1 FY27 as against 0.91% in Q1 FY26.
The Capital Adequacy Ratio (CRAR) stood at 17.61%, and the Tier I (including CCB) capital ratio improved to 16.56% in Q1 FY27 as against 16.02% registered in Q1 FY26.
The bank’s provision coverage ratio increased by 56 bps to 92.33%. The bank’s CD ratio improved by 489 bps to 81.08% in Q1 FY27 as against 76.19% in Q1 FY26.
Punjab and Sind Bank is a leading public sector bank and a major bank in northern India. The bank provides customer service through innovative products and services for different customer segments.
The scrip rose 0.36% to Rs 24.87 on the BSE.
Total business grew 15.33% year-on-year to Rs 2,66,574 crore as of 30 June 2026, compared with Rs 2,31,132 crore in the year-ago period.
Total deposits rose 12.16% year-on-year to Rs 1,47,134 crore as of 30 June 2026, from Rs 1,31,182 crore a year earlier.
Punjab & Sind Bank is a public sector lender offering a range of banking products and services across retail, corporate and other customer segments. The bank reported a 34.9% year-on-year increase in standalone net profit to Rs 421.83 crore in Q4 FY26, while revenue from operations declined 9.9% to Rs 3,457.36 crore.
Punjab & Sind Bank is down for a fifth straight session today. The stock is quoting at Rs 23.38, down 0.13% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.22% on the day, quoting at 23353.3. The Sensex is at 74101.32, down 0.33%.Punjab & Sind Bank has lost around 6.22% in last one month.Meanwhile, Nifty PSU Bank index of which Punjab & Sind Bank is a constituent, has eased around 3.07% in last one month and is currently quoting at 8185.9, down 0.07% on the day. The volume in the stock stood at 5.74 lakh shares today, compared to the daily average of 13.95 lakh shares in last one month.
The PE of the stock is 12.6 based on TTM earnings ending March 26.
Punjab & Sind Bank is up for a third straight session in a row. The stock is quoting at Rs 26.12, up 2.35% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.46% on the day, quoting at 24442.8. The Sensex is at 78179.79, up 0.28%. Punjab & Sind Bank has added around 6.87% in last one month.
Meanwhile, Nifty PSU Bank index of which Punjab & Sind Bank is a constituent, has added around 0.49% in last one month and is currently quoting at 8679.15, down 0.07% on the day. The volume in the stock stood at 24.38 lakh shares today, compared to the daily average of 16.68 lakh shares in last one month.
The PE of the stock is 13.7 based on TTM earnings ending March 26.