Bandhan Bank stock price down 3.27 per cent as Sensex climbs
Bandhan Bank Ltd. fell 3.27 per cent to Rs 214.5 at 02:12PM hours (IST) on Monday. Earlier in the day, the stock saw a gap down start to the session.
As per data available on BSE, total traded quantity on the counter stood at 1,489,232 shares with a turnover of Rs 3225.0 crore till 02:12PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 17.04, while the price-to-book value ratio stood at 1.61. Return on equity (ROE) was at 0.72 per cent, according to exchange data.
The stock hit an intraday high of Rs 221.5 and a low of Rs 214.15 during the session and quoted a 52-week high price of Rs 314.75 and a 52-week low of Rs 182.2. The stock's beta value, which measures its volatility in relation to the broader market, stood at 1.26.Technical Indicators The 200-DMA (day moving average) of the stock stood at Rs 237.23 on July 17, while the 50-DMA was at Rs 244.61. If a stock trades above 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 a bearish trend. If it trades between 50-DMA and 200-DMA, then it suggests the stock can go either way. The Relative Strength Index (RSI) of the stood at 32.48.
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