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Bandhan Bank Ltd extends upmove

Capital Market 

Bandhan Bank Ltd is quoting at Rs 369.85, up 3.61% on the day as on 12:49 IST on the NSE. The stock is down 30.45% in last one year as compared to a 6.93% fall in NIFTY and a 26.93% fall in the Nifty Bank.

Bandhan Bank Ltd rose for a fifth straight session today. The stock is quoting at Rs 369.85, up 3.61% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.06% on the day, quoting at 10757.25. The Sensex is at 36512.63, up 0.07%. Bandhan Bank Ltd has added around 40.49% in last one month.

Meanwhile, Nifty Bank index of which Bandhan Bank Ltd is a constituent, has added around 5.54% in last one month and is currently quoting at 22198.95, up 0.73% on the day. The volume in the stock stood at 202.53 lakh shares today, compared to the daily average of 197.36 lakh shares in last one month.

The benchmark July futures contract for the stock is quoting at Rs 370.7, up 3.53% on the day. Bandhan Bank Ltd is down 30.45% in last one year as compared to a 6.93% fall in NIFTY and a 26.93% fall in the Nifty Bank index.

The PE of the stock is 19.01 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.)

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First Published: Tue, July 07 2020. 13:00 IST
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