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    Bandhan Bank shares gain 1.81% as Sensex rises

    Synopsis

    A total of 132,916 shares changed hands on the counter till 10:37AM (IST)

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    India 10-year bond yield fell 0.34 per cent to 6.13 after trading in 6.13-6.16 range.
    Shares of Bandhan Bank Ltd. traded 1.81 per cent up at Rs 208.1 at 10:37AM (IST) on Friday, even as BSE benchmark Sensex gained 260.29 points to 57895.13. The stock had closed at Rs 204.4 in the previous session.

    The stock quoted a 52-week high and 52-week low of Rs 349.5 and Rs 197.8, respectively.

    As per BSE data, total traded volume on the counter till 10:37AM (IST) stood at 10:37AM shares with turnover at Rs 2.76 crore.

    At the prevailing price, the stock trades at 10.19 times its trailing 12-month EPS of Rs 20.42 per share and 2.85 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-Dec-2022, while FIIs owned 32.39 per cent and DIIs 12.46 per cent.
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