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    Bandhan Bank shares rise 0.17% as Sensex slides

    Synopsis

    A total of 139,702 shares changed hands on the counter till 11:06AM (IST)

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    Shrikant Chouhan of Kotak Securities said Nifty50 topping the 15,800 mark was completely unexpected.
    Shares of the Bandhan Bank Ltd. traded at Rs 235.45 on BSE at 11:06AM (IST) on Monday, up 0.17 per cent from previous close.

    The scrip quoted a 52-week low price of Rs 182.2 and a high of Rs 314.75.

    Earlier, shares of the company saw a gap up opening in the morning.

    A total of 139,702 lakh shares changed hands on the counter till 11:06AM (IST).

    The stock of Bandhan Bank Ltd. commands a market value of Rs 37871.23 crore.

    The stock traded at a price-to-earning (P/E) multiple of 18.66, while the price-to-book value ratio stood at 1.61. Return on equity (ROE) was at 11.2 per cent, according to exchange data.

    In the BSE500 pack, 329 stocks traded in the green, while 173 stocks were in the red.

    Promotor Holding
    Promoters held 39.99 per cent in the Bandhan Bank Ltd. as of 30-Jun-2023 while foreign and domestic institutional investors owned 33.53 per cent and 12.4 per cent, respectively.
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