Bandhan Bank tumbled 9.14% to Rs 196.35, extending losses for second day.
Shares of Bandhan Bank have lost 9.68% in two sessions from its recent closing high of Rs 217.40 recorded on 17 April 2020.
The stock has corrected by 69.79% from its 52-week high of Rs 650 hit on 29 October 2019.
Meanwhile, the latest shareholding pattern showed that Caladium Investment, an affiliate of GIC, Singapore's Sovereign Wealth Fund hiked its stake in Bandhan Bank to 4.49% in March quarter from 3.39% in December quarter.
On a standalone basis, the private lender's net profit jumped 120.7% to Rs 731.03 crore on a 63.3% surge in total income to Rs 3,075.34 crore in Q3 December 2019 over Q3 December 2018.
Bandhan Bank is a commercial bank, which offers a variety of asset and liability products and services designed for micro banking and general banking, as well as other banking products and services.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
