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The Relative Strength Index of the stock stood at 44.01 on Monday.

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There is a new wave of Angels, HNIs and VCs who believe deeply in the value addition that technology-led innovation can bring to society and are always on the lookout to back entrepreneurs who can lead the disruption, FAAD Co-founder and Director Karan Verma said.

The stock quoted a 52-week high price of Rs 1419.0 and a 52-week low of Rs 1037.8.

Bharat Petroleum Corporation, incorporated in the year 1952, is a Large Cap company (having a market cap of Rs 73863.06 Crore) operating in Gas & Petroleum sector.

However, JPMorgan estimated earnings to remain under pressure in F23/24 as the company catches up on back book provisioning. This keeps the F24 estimate broadly unchanged. However, with limited new stress formation and system growth itself picking up, it sees the further scope of re-rating at PNB, the brokerage said.

A total of 39,409 shares changed hands on the counter till 01:56PM (IST)

As of 30-Jun-2022, promoters held 0.0 per cent stake in the company, while FIIs held 16.63 per cent and domestic institutional investors had 3.78 per cent.

Gold futures on MCX were trading higher, gaining 0.29% or Rs 157 at Rs 54,138 per 10 grams. However, silver futures dropped 0.48% or Rs 325 at Rs 67,713 per kg.

The stock quoted a 52-week high price of Rs 732.9 and a 52-week low of Rs 467.5.