Bandhan Bank declines 3.16% as Sensex slides
Bandhan Bank Ltd. traded at Rs 201.8 on BSE at 02:09PM (IST) on Monday, down 3.16 per cent from previous close.
The scrip quoted a 52-week low price of Rs 182.2 and a high of Rs 272.0.
Earlier, the stock saw a gap up opening in the morning.
A total of 1,753,374 lakh shares changed hands on the counter till 02:09PM (IST).
The stock of Bandhan Bank Ltd. commanded a market value of Rs 33667.97 crore, according to BSE.
The stock traded at a price-to-earning (P/E) multiple of 11.29, 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, 232 stocks traded in the green, while 268 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 39.98 per cent in Bandhan Bank Ltd. as of 31-Dec-2023 while foreign and domestic institutional investors owned 34.74 per cent and 9.63 per cent, respectively.
Moving averages
The 200-DMA of the stock stood at 233.02 on February 26, while the 50-DMA was at 226.28. 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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