Punjab National Surges Most in 3 Years as Profit Beats Forecasts
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Punjab National Bank, India’s third-largest lender, surged the most in more than three years after reporting earnings that beat analysts’ estimates.
The shares gained 9.4 percent to 912.10 rupees in Mumbai, the biggest gain since May 18, 2009, making it the best performer on the 236-company FTSE All-World Banks Index.