 "Bandhan Bank")
Shares of Bandhan Bank have surged 7% to Rs 742 per share, their highest level since listing on March 27, 2018 on the National Stock Exchange (NSE), on back of heavy volumes. The market price of the private sector bank jumped nearly 100% against its issue price of Rs 375.
Since July 18, after the June quarter (Q1FY19) results, Bandhan Bank has outperformed the market by surging 35% against a 7% rise in the Nifty 50 index.
Since July 18, after the June quarter (Q1FY19) results, Bandhan Bank has outperformed the market by surging 35% against a 7% rise in the Nifty 50 index.
The bank reported a strong 47.5% year on year growth in net profit at Rs 4.82 billion in Q1FY19, on back of
