₹188.3▲2.39%
2.44%
Low
Day's Volatility:3.40%
High
0.96%
9.56%
Low
52 Weeks Volatility:54.01%
High
44.45%
Returns % | |
1 Month Return | -2.1 % |
3 Month Return | -17.7 % |
1 Year Return | -20.7 % |
Market Stats | |
Previous Close | ₹183.90 |
Open | ₹184.00 |
Volume | 2.33Cr |
Upper Circuit | - |
Lower Circuit | - |
Market Cap | ₹29,625.74Cr |
based on 21 analysts
Based on 21 analysts offering long term price targets for Bandhan Bank Ltd. An average target of ₹222.76
Source: S&P Global Market Intelligence
Organisation | Bandhan Bank Ltd |
Headquarters | |
Industry | Banks |
E-voting on shares | Click here to vote |
Key events for Bandhan Bank Ltd
Bandhan Bank faces uncertainty as its outgoing MD & CEO considers a partial divestment in Bandhan Financial Services. Additionally, Chandra Shekhar Ghosh's resignation may delay the bank's recovery in underlying business and earnings, causing investors to be cautious about the bank's growth and profitability.
Bandhan Bank CEO explores selling stake in Bandhan Financial Services - 28 Apr, 2024
Chandra Shekhar Ghosh, the MD & CEO of Bandhan Bank, is exploring possibilities to sell a part of his stake held by the promoter group in Bandhan Financial Services. The non-bank core investment company holds shares of Bandhan Bank through Bandhan Financial Holdings Limited. Ghosh announced his decision to step down from the post of MD & CEO on July 9, 2024.
Societe Generale Buys Stake in Bandhan Bank as Net Profit Rises - 24 Apr, 2024
Societe Generale has acquired a 0.75% stake in Bandhan Bank for Rs. 219.06 crore, while Marshall Wace Investment Strategies sold its shares. The bank's Q3 FY23-24 net profit rose by 152% to Rs. 733 crore, and revenue from operations grew by around 22.5%.
Bandhan Financial Holdings Completes Acquisition of Aegon Life - 20 Apr, 2024
Bandhan Financial Holdings, the promoter of Bandhan Bank, has completed the acquisition of Aegon Life to expand its reach beyond banking and mutual funds. The private life insurer, now known as Bandhan Life Insurance, plans to add 1,000 employees to its team and become a leading multi-channel insurance company in India over the next five years.
Bandhan Bank Stock Hits New Low Amidst CEO Retirement News - 19 Apr, 2024
Bandhan Bank's stock hits a new one-year low amidst news of CEO Chandra Shekhar Ghosh's retirement in July 2024. Technical analysts advise caution while the bank acquires Aegon Life Insurance and renames it as Bandhan Life.
Bandhan Bank Stocks Volatile After CEO Retirement Announcement - 18 Apr, 2024
Bandhan Bank's stocks have been volatile since the announcement of CEO Chandra Shekhar Ghosh's retirement upon completion of his current term on July 9, causing a nearly 12% drop in stock price. Despite being the eighth most valued bank, the stocks' performance has disappointed investors since its debut.
Bandhan Bank Stock Downtrend Continues Amid Leadership Uncertainty - 16 Apr, 2024
Bandhan Bank stock has lost 28.64% in 2024 and is expected to continue falling due to uncertainty over leadership succession plans after CEO's resignation. Jefferies downgraded the bank to Underperform with a price target of Rs 170.
Bandhan Bank Appoints New Head of Wholesale Banking; Commissions Solar Power Project - 12 Apr, 2024
Bandhan Bank has appointed Satish Kumar as the new head of wholesale banking and commissioned a 1.1 MWp solar power project in Madhya Pradesh. The bank also allotted 249 equity shares under ESOP.
Bandhan Bank Faces Overhang Amidst Leadership Changes - 10 Apr, 2024
Bandhan Bank is facing an overhang in its stock due to the recent announcement of CEO Chandra Shekhar Ghosh's retirement and uncertainty over succession plans. However, Satish Kumar has been appointed as the new head of wholesale banking. Nirmal Bang maintains an accumulate rating with a target price of Rs 194.
Bandhan Bank Stock Falls Over 6% After CEO Resignation - 09 Apr, 2024
Bandhan Bank's founder MD and CEO Chandra Shekhar Ghosh has resigned, leading to concerns about the bank's future growth and asset quality. Target prices have been slashed by over 40%, with Jefferies downgrading the share to underperform. Goldman Sachs has downgraded the stock to neutral, while loan growth estimates have been cut for FY25 and FY26.
Bandhan Bank Stock Falls After CEO Resignation Announcement - 08 Apr, 2024
Shares of Bandhan Bank fell by as much as 9% following the announcement that CEO Chandra Shekhar Ghosh will retire in July. Brokerages have downgraded the stock due to near-term uncertainty until a proper succession plan is finalized. Domestic mutual funds increased their stake in the bank during Q3 FY24. Outgoing CEO Ghosh will help transition new leadership over the next three months.
Bandhan Bank CEO to Retire; Asset Quality Challenges Ahead - 06 Apr, 2024
Chandra Shekhar Ghosh, founder and CEO of Bandhan Bank, will retire in July 2024, while the bank faces challenges with its asset quality due to rising NPAs.
Bandhan Bank Faces Leadership Change Amidst Audit Woes - 05 Apr, 2024
Bandhan Bank's founder MD & CEO is set to retire, with an external candidate likely to replace him amidst ongoing audits into loan lapses. Despite this, brokerages remain optimistic about the bank's strong deposit and CASA growth.
Bandhan Bank Reports Strong Growth in Deposits and Advances - 04 Apr, 2024
Bandhan Bank reports strong growth in total deposits, loans and advances in Q4FY24, with net interest income increasing by 21.4%. The bank's collection efficiency ratio stands at 99%.
Bandhan Bank Shares Fall, But Analysts Remain Positive on Long-Term Sustainability - 02 Apr, 2024
Despite a 23% drop in Bandhan Bank shares in 2024, analysts believe the bank's strategy for diversification and asset quality restoration is heading in the right direction. The recent hiring of key management personnel is expected to further improve business performance. Analysts maintain a Neutral rating with a target price of Rs 220.
Bandhan Bank Founder's Journey from Selling Milk to Billionaire CEO - 01 Apr, 2024
Chandra Shekhar Ghosh, the founder and CEO of Bandhan Bank, has had a remarkable journey from selling milk to becoming a billionaire CEO. The bank serves 3.26 crore customers through 6,262 banking outlets across 35 states and union territories with a market capitalisation of Rs 28,997 crore.
Fundamentals of Bandhan Bank Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
Retail Holding Up
Retail Investor have increased holdings from 10.41% to 16.33% in Mar 2024 quarter
Promoter Holding Unchanged
Promoters holdings remained unchanged at 39.98% of holdings in Mar 2024 quarter
Against Peers
In the last 1 year, State Bank of India has given 43.7% return, outperforming this stock by 64.4%
Against Peers
In the last 3 years, State Bank of India has given 133.8% return, outperforming this stock by 178.0%
Price Dip
In the last 6 months, BANDHANBNK stock has moved down by -14.3%
MF Holding Down
Mutual Funds have decreased holdings from 9.63% to 8.06% in Mar 2024 quarter
FII Holding Down
Foreign Institutions have decreased holdings from 30.69% to 27.14% in Mar 2024 quarter
Investors | Holdings % | Prev. 1 periods | 3M change |
---|---|---|---|
Promoter Holdings | 39.98% | 0.00 | |
Foreign Institutions | 27.14% | 0.00 | |
Mutual Funds | 8.06% | 0.00 | |
Retail Investors | 16.33% | 0.00 | |
Others | 8.48% | 0.00 |
Technicals of Bandhan Bank Ltd share
News & Events of Bandhan Bank Ltd
News
While sources say Chandra Shekhar Ghosh in talks for stake sale in Bandhan Financial Services, the executive said he would like a ‘strategic role’ in holding co... Read more
29 Apr, 2024 10:36 AMBandhan Bank, the brainchild of Chandra Shekhar Ghosh, has made the journey from an MFI to a bank, but with many hurdles. Now with his resignation as MD & CEO, ... Read more
29 Apr, 2024 03:38 PMपहली लूट की सूचना पर मौके पर पहुंची पुलिस जांच पड़ताल में लगी रही तभी हुई दूसरी लूट | dainikbhaskar
30 Apr, 2024 04:00 AMBandhan Bank Ltd (BANDHANBNK) share price today is ₹188.3
Bandhan Bank Ltd is listed on NSE
Bandhan Bank Ltd is listed on BSE
Today’s traded volume of Bandhan Bank Ltd(BANDHANBNK) is 2.33Cr.
Today’s market capitalisation of Bandhan Bank Ltd(BANDHANBNK) is ₹29625.74Cr.
Bandhan Bank Ltd(BANDHANBNK | Price |
---|---|
52 Week High | ₹272 |
52 Week Low | ₹170.3 |
Bandhan Bank Ltd(BANDHANBNK) share price is ₹188.3. It is down -30.77% from its 52 Week High price of ₹272
Bandhan Bank Ltd(BANDHANBNK) share price is ₹188.3. It is up 10.57% from its 52 Week Low price of ₹170.3
Bandhan Bank Ltd(BANDHANBNK | Returns |
---|---|
1 Day Returns | 4.4% |
1 Month Returns | -2.1% |
3 Month Returns | -17.7% |
1 Year Returns | -20.7% |