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Bandhan Bank Ltd stays slippery

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Capital Market
Last Updated : Mar 07 2022 | 2:31 PM IST

Bandhan Bank Ltd is quoting at Rs 255, down 6.66% on the day as on 13:24 IST on the NSE. The stock tumbled 27.54% in last one year as compared to a 6.05% rally in NIFTY and a 6.93% fall in the Nifty Bank index.

Bandhan Bank Ltd is down for a fifth straight session today. The stock is quoting at Rs 255, down 6.66% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is down around 2.36% on the day, quoting at 15861.35. The Sensex is at 52850.29, down 2.73%.Bandhan Bank Ltd has eased around 20.1% in last one month.Meanwhile, Nifty Bank index of which Bandhan Bank Ltd is a constituent, has eased around 13.67% in last one month and is currently quoting at 34407.8, down 4.59% on the day. The volume in the stock stood at 48.06 lakh shares today, compared to the daily average of 61.94 lakh shares in last one month.

The benchmark March futures contract for the stock is quoting at Rs 254.45, down 7% on the day. Bandhan Bank Ltd tumbled 27.54% in last one year as compared to a 6.05% rally in NIFTY and a 6.93% fall in the Nifty Bank index.

The PE of the stock is 0 based on TTM earnings ending December 21.

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First Published: Mar 07 2022 | 1:35 PM IST

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