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Bandhan Bank Ltd drops for fifth straight session

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Bandhan Bank Ltd is quoting at Rs 216.85, down 1.61% on the day as on 13:24 IST on the NSE. The stock tumbled 63.1% in last one year as compared to a 23.6% slide in NIFTY and a 42.24% fall in the Nifty Bank index.

Bandhan Bank Ltd fell for a fifth straight session today. The stock is quoting at Rs 216.85, down 1.61% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is up around 0.75% on the day, quoting at 8945.7. The Sensex is at 30372.19, up 0.58%.Bandhan Bank Ltd has gained around 11.01% in last one month.Meanwhile, Nifty Bank index of which Bandhan Bank Ltd is a constituent, has eased around 9.81% in last one month and is currently quoting at 17486.25, up 0.11% on the day. The volume in the stock stood at 66.92 lakh shares today, compared to the daily average of 142.03 lakh shares in last one month.

The benchmark May futures contract for the stock is quoting at Rs 215.5, down 0.51% on the day. Bandhan Bank Ltd tumbled 63.1% in last one year as compared to a 23.6% slide in NIFTY and a 42.24% fall in the Nifty Bank index.

The PE of the stock is 11.74 based on TTM earnings ending March 20.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, May 20 2020. 13:35 IST
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