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Bandhan Bank Ltd sees good buying

Bandhan Bank Ltd is quoting at Rs 314.3, up 1.68% on the day as on 12:54 IST on the NSE. The stock is down 14.25% in last one year as compared to a 34.53% gain in NIFTY and a 25.95% gain in the Nifty Bank index.

Bandhan Bank Ltd rose for a third straight session today. The stock is quoting at Rs 314.3, up 1.68% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 0.32% on the day, quoting at 17470.9. The Sensex is at 58577.56, up 0.41%. Bandhan Bank Ltd has added around 2.91% in last one month.

Meanwhile, Nifty Bank index of which Bandhan Bank Ltd is a constituent, has added around 9.75% in last one month and is currently quoting at 37441.95, down 0.6% on the day. The volume in the stock stood at 40.84 lakh shares today, compared to the daily average of 96.32 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 314.3, up 1.67% on the day. Bandhan Bank Ltd is down 14.25% in last one year as compared to a 34.53% gain in NIFTY and a 25.95% gain in the Nifty Bank index.

The PE of the stock is 0 based on TTM earnings ending September 21.

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