Bandhan Bank shares 0.46% as Sensex falls
Bandhan Bank Ltd. traded 0.46 per cent at Rs 172.10 at 10:55AM (IST) on Thursday, even as BSE benchmark Sensex 655.83 points to 79578.25.
The scrip had settled at Rs 171.30 in the previous session. The stock quoted a 52-week high price of Rs 263.15 and 52-week low of Rs 163.00, respectively. As per BSE data, total traded volume on the counter till 10:55AM (IST) stood at 134837 shares with a turnover of Rs 2.33 crore.
At the prevailing price, the stock traded at 9.95 times its trailing 12-month EPS of Rs 17.31 per share and 1.34 times its price-to-book value, 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 reflects the price investors are ready to pay even for no growth in the business. The stock's Beta value, which measures its volatility in relation to the broader market, stood at 1.2618.
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