Bandhan Bank rises 2.59% as Sensex climbs
Bandhan Bank Ltd. traded at Rs 232.1 on BSE at 10:50AM (IST) on Monday, up 2.59 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 212,279 lakh shares changed hands on the counter till 10:50AM (IST).
The stock of Bandhan Bank Ltd.
commanded a market value of Rs 37324.52 crore, according to BSE.
The stock traded at a price-to-earning (P/E) multiple of 14.69, 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, 382 stocks traded in the green, while 119 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 30-Sep-2023 while foreign and domestic institutional investors owned 32.77 per cent and 8.49 per cent, respectively.
Moving averages
The 200-DMA of the stock stood at 230.83 on December 04, while the 50-DMA was at 229.89. If a stock trades below 50-DMA and 200-DMA, it usually means the immediate trend is upward.
