Bandhan Bank trades near 3-month low; slips 21% thus far in December

The stock was trading at its lowest level since September 20, 2019.

Shares of Bandhan Bank continued to reel under pressure, falling for the fourth consecutive day, on the BSE on Wednesday. The stock declined 5 per cent at Rs 457 in the intra-day trade today.

The stock of the private sector lender was down 21 per cent thus far in the month of December. In comparison, the S&P BSE Sensex was up 1.5 per cent. It was trading at its lowest level since September 20, 2019.

With today’s fall, the stock has fallen 30 per cent from its all-time high level of Rs 650 touched on October 29. Prior to that, between July