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PNB Q2 Review: Nirmal Bang Upgrades Rating, Sees 1% ROA Sustaining In FY27; Check Revised Target Price

PNB Q2 Review: Nirmal Bang Upgrades Rating, Sees 1% ROA Sustaining In FY27; Check Revised Target Price

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The brokerage believes PNB's valuation remains attractive at 0.73 times forward book value, while an improving net interest margin (NIM) profile and healthy loan growth provide support to its return ratios.

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