Bandhan Bank shares gain 0.5% as Sensex rises

Bandhan Bank shares gain 0.5% as Sensex rises
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Synopsis

A total of 175,350 shares changed hands on the counter till 11:32AM (IST)

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Back home a gradual easing of lockdown measures in major global economies lifted domestic equity benchmarks for the third session in a row.
Shares of Ltd. traded 0.5 per cent up at Rs 342.8 at 11:32AM (IST) on Tuesday, even as BSE benchmark Sensex gained 304.23 points to 52878.69. The stock had closed at Rs 341.1 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 11:32AM (IST) stood at 11:32AM shares with turnover at Rs 6.01 crore.

Did you Know?

Stock score of Bandhan Bank Ltd moved down by 3 in 6 months.

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At the current price, the stock trades at 24.99 times its trailing 12-month earnings per share of Rs 13.69 per share and 2.16 times its price-to-book value, BSE 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.

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