Bandhan Bank shares gain 0.33% as Sensex falls
Bandhan Bank Ltd. traded 0.33 per cent up at Rs 254.75 at 01:25PM (IST) on Monday, even as BSE benchmark Sensex dropped 118.41 points to 71365.34.
The scrip had settled at Rs 253.9 in the previous session.
The stock quoted a 52-week high and 52-week low of Rs 272.0 and Rs 182.2, respectively.
As per BSE data, total traded volume on the counter till 01:25PM (IST) stood at 01:25PM shares with turnover at Rs 15.46 crore.
At the prevailing price, the stock trades at 16.1 times its trailing 12-month EPS of Rs 15.77 per share and 1.61 times its price-to-book value, BSE 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.
The Beta value of the stock, which measures its volatility in relation to the broader market, stood at 1.26.
Shareholding Details Promoters held 39.98 per cent stake in the company as of 30-Sep-2023, while FIIs owned 32.78 per cent and DIIs 13.13 per cent.
