Bandhan Bank Ltd. declines 3.92% as Sensex slides

Bandhan Bank Ltd. declines 3.92% as Sensex slides
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Synopsis

The stock traded at a P/E multiple of 20.75, while the price-to-book value ratio stood at 2.16.

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The Dow Jones Industrial Average finished up 1,048.86 points, or 5.20 per cent, to 21,237.38 on Tuesday. The S&P500 index increased 143.06 points, or 6.00 per cent, to 2,529.19.

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Shares of Ltd. traded at Rs 337.4 on BSE at 01:58PM (IST) on Monday, down 3.92 per cent from previous close.

The stock quoted a 52-week low price of Rs 164.0 and a high of Rs 430.25.

Earlier, the stock saw a gap down opening in the morning.

A total of 368,992 lakh shares changed hands on the counter till 01:58PM (IST).

The stock of Bandhan Bank Ltd. commanded a market value of Rs 54358.37 crore, according to BSE.

The stock traded at a price-to-earning (P/E) multiple of 20.75, while the price-to-book value ratio stood at 2.16. Return on equity (ROE) was at 19.89 per cent, according to exchange data.

In the BSE500 pack, 97 stocks traded in the green, while 403 stocks were in the red.

The stock's beta value, which measures volatility in relation to the broader market, stood at 1.26.

Promotor/FII Holding
Promoters held 40.0 per cent in Bandhan Bank Ltd. as of 31-Dec-2020 while foreign portfolio investors and domestic institutional investors owned 35.2 per cent and 3.43 per cent, respectively.

Moving averages
The 200-DMA of the stock stood at 338.0 on April 05, while the 50-DMA was at 339.2. If a stock trades below 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered as bearish trend and if trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.

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1 Comment on this Story

SAUMITRA Chandra1 hour ago
please check in your definition of DMA seems you have repeated the same for bearish and bullish.

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