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Bandhan Bank Ltd eases for fifth straight session

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Capital Market
Last Updated : Dec 20 2021 | 1:50 PM IST

Bandhan Bank Ltd is quoting at Rs 246.85, down 7.56% on the day as on 13:24 IST on the NSE. The stock tumbled 34.05% in last one year as compared to a 23.81% rally in NIFTY and a 16.09% spurt in the Nifty Bank index.

Bandhan Bank Ltd dropped for a fifth straight session today. The stock is quoting at Rs 246.85, down 7.56% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is down around 2.84% on the day, quoting at 16502. The Sensex is at 55491.94, down 2.67%.Bandhan Bank Ltd has eased around 16.86% in last one month.Meanwhile, Nifty Bank index of which Bandhan Bank Ltd is a constituent, has eased around 7.9% in last one month and is currently quoting at 35618.65, down 4% on the day. The volume in the stock stood at 77.31 lakh shares today, compared to the daily average of 61.77 lakh shares in last one month.

The benchmark December futures contract for the stock is quoting at Rs 247.75, down 7.37% on the day. Bandhan Bank Ltd tumbled 34.05% in last one year as compared to a 23.81% rally in NIFTY and a 16.09% spurt in the Nifty Bank index.

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

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First Published: Dec 20 2021 | 1:35 PM IST

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