Bandhan Bank shares 0.15% as Sensex falls
Bandhan Bank Ltd. traded 0.15 per cent at Rs 163.75 at 10:37AM (IST) on Thursday, even as BSE benchmark Sensex 861.27 points to 79320.93. The stock had closed at Rs 164.00 in the previous session.
The stock quoted a 52-week high and 52-week low of Rs 263.15 and Rs 160.30, respectively.
As per BSE data, total traded volume on the counter till 10:37AM (IST) stood at 10:37AM shares with turnover at Rs 5.61 crore.
At the prevailing price, the stock trades at 9.44 times its trailing 12-month earnings per share of Rs 17.31 per share and 1.34 times its price-to-book value, the exchange 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.
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