Bandhan Bank shares gain 0.06% as Sensex falls

Shares of Ltd. traded 0.06 per cent up at Rs 322.0 at 12:04PM (IST) on Wednesday, even as BSE benchmark Sensex dropped 224.59 points to 52548.46. The scrip had settled at Rs 321.8 in the previous session.

The stock quoted a 52-week high and 52-week low of Rs 430.25 and Rs 251.4, respectively.

As per BSE data, total traded volume on the counter till 12:04PM (IST) stood at 12:04PM shares with turnover at Rs 2.06 crore.

At the prevailing price, shares of the company trades at 23.5 times its trailing 12-month EPS of Rs 13.69 per share and 2.16 times its price-to-book value, the exchange data showed.

A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.

The Beta value of the stock, which measures its volatility in relation to the broader market, stood at 1.26.

Shareholding Details
Promoters held 39.99 per cent stake in the company as of 31-Mar-2021, while FIIs owned 34.91 per cent and DIIs 1.9 per cent.