3 Multibagger PSU Bank Stocks That Witnessed 20% Gain In 1-Week, Boost Investors Wealth

Three leading public sector bank stocks witnessed a jump of nearly 20% in last 1-week only. These stocks are Punjab & Sind Bank, Bank of India, and Indian Bank. Shares of Indian Bank traded new 52-week high on April 18. Indian Bank shares jumped 49% in last 6-months and 96% in last 1-year. Shares of Punjab & Sind Bank soared 112% in last 6-months only. Indian Bank offered 594% return in last 3-years. Check
details below:

1. Punjab & Sind Bank: Last trading price of Punjab & Sind Bank is Rs 32.75 apiece on BSE. Today the stock witnessed spurt in volume by over 11.13 times. The stock's 52-week high price is Rs 44.65 apiece and 52-week low price is Rs 12.50 per share, respectively. Its market capitalisation is Rs 22,197.25 crore. In last 1-week, it jumped 20.27%. The stock gave multibagger returns in just 6-months with jump of 112%. The stock soared 94% in last 1-year.

2. Bank of India: Last trading price of Bank of India stock on BSE is Rs 80.77 apiece with intraday surge of 1.00%. The stock's 52-week high price is Rs 103.50 apiece and 52-week low price is Rs 40.40 apiece, respectively. Its market capitalisation is Rs 33,144.50 crore. It gave return of 67.57% in last 6-months, 61% return in last 1-year, and 136% return in last 3-years. In last 1-week, it rallied 5.17%.

3. Indian Bank: The PSU stock witnessed a jump of 4.07% in trade on Tuesday. Last trading price of Indian Bank stock is Rs 322.10 apiece. Its 52-week high price is Rs 324.70 per share and 52-week low price is Rs 137.20 apiece, respectively. Its market capitalisation is Rs 40,115.66 crore. The stock surged 12% in last 1-week. It gave return of 49% in last 6-months, 97% return in last 1-year, 212% return in last 2-years, and an attractive return of 594% in last 3-years.

Disclaimer: The stocks soared 20% in last 1-week only. Greynium Information Technologies and the author are not liable for any losses caused as a result of decisions based on the article. Goodreturns.in advises users to check with certified experts before taking any investment decision.