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Bandhan Bank Ltd slips for fifth straight session

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Capital Market
Last Updated : Feb 22 2022 | 2:04 PM IST

Bandhan Bank Ltd is quoting at Rs 303.7, down 3.28% on the day as on 13:24 IST on the NSE. The stock tumbled 6.64% in last one year as compared to a 15.16% rally in NIFTY and a 5.9% spurt in the Nifty Bank index.

Bandhan Bank Ltd dropped for a fifth straight session today. The stock is quoting at Rs 303.7, down 3.28% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is down around 1.56% on the day, quoting at 16937.8. The Sensex is at 56792.03, down 1.55%.Bandhan Bank Ltd has lost around 1.35% in last one month.Meanwhile, Nifty Bank index of which Bandhan Bank Ltd is a constituent, has increased around 0.66% in last one month and is currently quoting at 37685.6, down 1.31% on the day. The volume in the stock stood at 28.04 lakh shares today, compared to the daily average of 76.88 lakh shares in last one month.

The benchmark February futures contract for the stock is quoting at Rs 304.3, down 3.26% on the day. Bandhan Bank Ltd tumbled 6.64% in last one year as compared to a 15.16% rally in NIFTY and a 5.9% spurt 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: Feb 22 2022 | 1:35 PM IST

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