Bandhan Bank Ltd Share Price (BANDHANBNK)
₹173.3
Bandhan Bank Ltd share Performance
- ₹173₹177.05₹173.3
0.17%
Low
Day's Volatility:2.34%
High
2.16%
- ₹172.75₹272₹173.3
0.32%
Low
52 Weeks Volatility:57.27%
High
56.95%
| Returns % | |
| 1 Month Return | -4.14 % |
| 3 Month Return | -23.62 % |
| 1 Year Return | -18.5 % |
| Market Stats | |
| Previous Close | ₹173.85 |
| Open | ₹175.75 |
| Volume | 1.16Cr |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹28,006.71Cr |
Analyst Rating for Bandhan Bank Ltd stock
based on 21 analysts
Based on 21 analysts offering long term price targets for Bandhan Bank Ltd. An average target of ₹222.76
Source: S&P Global Market Intelligence
Company Information
Share Price: ₹173.30 per share as on 18 Apr, 2024 04:01 PM
Market Capitalisation: ₹28,006.71Cr as of today
Listing date: 27 Mar, 2018
Chairperson Name: Anup Kumar Sinha
| Organisation | Bandhan Bank Ltd |
| Headquarters | |
| Industry | Banks |
| E-voting on shares | Click here to vote |
What's happening
Today's Timeline - 18 Apr
04:00 AM
-Bandhan Bank's MD and CEO Chandra Shekhar Ghosh to retire on July 9, causing a nearly 12% drop in stock price.
06:54 AM
-Bandhan Bank's stocks have been disappointing investors since its debut despite being the eighth most valued bank. The announcement of CEO retirement added to investor concerns.
11:32 AM
-Bandhan Bank shares rise over 1% after hitting lower circuit in previous session due to uncertainty surrounding CEO retirement.
Key events for Bandhan Bank Ltd
Bandhan Bank Stocks Volatile After CEO Retirement Announcement - 18 Apr, 2024
Bandhan Bank's stocks have been volatile since the announcement of CEO Chandra Shekhar Ghosh's retirement upon completion of his current term on July 9, causing a nearly 12% drop in stock price. Despite being the eighth most valued bank, the stocks' performance has disappointed investors since its debut.
Bandhan Bank Stock Downtrend Continues Amid Leadership Uncertainty - 16 Apr, 2024
Bandhan Bank stock has lost 28.64% in 2024 and is expected to continue falling due to uncertainty over leadership succession plans after CEO's resignation. Jefferies downgraded the bank to Underperform with a price target of Rs 170.
Bandhan Bank Appoints New Head of Wholesale Banking; Commissions Solar Power Project - 12 Apr, 2024
Bandhan Bank has appointed Satish Kumar as the new head of wholesale banking and commissioned a 1.1 MWp solar power project in Madhya Pradesh. The bank also allotted 249 equity shares under ESOP.
Bandhan Bank Faces Overhang Amidst Leadership Changes - 10 Apr, 2024
Bandhan Bank is facing an overhang in its stock due to the recent announcement of CEO Chandra Shekhar Ghosh's retirement and uncertainty over succession plans. However, Satish Kumar has been appointed as the new head of wholesale banking. Nirmal Bang maintains an accumulate rating with a target price of Rs 194.
Bandhan Bank Stock Falls Over 6% After CEO Resignation - 09 Apr, 2024
Bandhan Bank's founder MD and CEO Chandra Shekhar Ghosh has resigned, leading to concerns about the bank's future growth and asset quality. Target prices have been slashed by over 40%, with Jefferies downgrading the share to underperform. Goldman Sachs has downgraded the stock to neutral, while loan growth estimates have been cut for FY25 and FY26.
Bandhan Bank Stock Falls After CEO Resignation Announcement - 08 Apr, 2024
Shares of Bandhan Bank fell by as much as 9% following the announcement that CEO Chandra Shekhar Ghosh will retire in July. Brokerages have downgraded the stock due to near-term uncertainty until a proper succession plan is finalized. Domestic mutual funds increased their stake in the bank during Q3 FY24. Outgoing CEO Ghosh will help transition new leadership over the next three months.
Bandhan Bank CEO to Retire; Asset Quality Challenges Ahead - 06 Apr, 2024
Chandra Shekhar Ghosh, founder and CEO of Bandhan Bank, will retire in July 2024, while the bank faces challenges with its asset quality due to rising NPAs.
Bandhan Bank Faces Leadership Change Amidst Audit Woes - 05 Apr, 2024
Bandhan Bank's founder MD & CEO is set to retire, with an external candidate likely to replace him amidst ongoing audits into loan lapses. Despite this, brokerages remain optimistic about the bank's strong deposit and CASA growth.
Bandhan Bank Reports Strong Growth in Deposits and Advances - 04 Apr, 2024
Bandhan Bank reports strong growth in total deposits, loans and advances in Q4FY24, with net interest income increasing by 21.4%. The bank's collection efficiency ratio stands at 99%.
Bandhan Bank Shares Fall, But Analysts Remain Positive on Long-Term Sustainability - 02 Apr, 2024
Despite a 23% drop in Bandhan Bank shares in 2024, analysts believe the bank's strategy for diversification and asset quality restoration is heading in the right direction. The recent hiring of key management personnel is expected to further improve business performance. Analysts maintain a Neutral rating with a target price of Rs 220.
Bandhan Bank Founder's Journey from Selling Milk to Billionaire CEO - 01 Apr, 2024
Chandra Shekhar Ghosh, the founder and CEO of Bandhan Bank, has had a remarkable journey from selling milk to becoming a billionaire CEO. The bank serves 3.26 crore customers through 6,262 banking outlets across 35 states and union territories with a market capitalisation of Rs 28,997 crore.
JM Financial Gives Buy Call on Bandhan Bank Ltd with Target Price of Rs 260 - 28 Mar, 2024
Bandhan Bank is moving towards a more predictable growth and profitability profile, with lower unsecured loans and gradual reduction in NIMs. Credit costs are expected to reduce sustainably. The stock remains attractively valued at 1.0x FY26e P/BV and offers favorable risk-reward. Promoters hold 39.98% stake. Maintain BUY with revised target price of INR260.
Fundamentals of Bandhan Bank Ltd
Insights on Bandhan Bank Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTFII Holding Up
Foreign Institutions have increased holdings from 28.73% to 30.69% in Dec 2023 quarter
- POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 9.72% to 10.41% in Dec 2023 quarter
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 8.49% to 9.63% in Dec 2023 quarter
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 39.98% of holdings in Dec 2023 quarter
- NO EFFECT
Against Peers
In the last 3 years, State Bank of India has given 127.0% return, outperforming this stock by 170.0%
- NO EFFECT
Against Peers
In the last 1 year, State Bank of India has given 37.7% return, outperforming this stock by 56.2%
NEGATIVE IMPACTPrice Dip
In the last 7 days, BANDHANBNK stock has moved down by -5.0%
Mutual Fund Holdings
| Funds | Holdings |
 Aditya Birla Sun Life Frontline Equity Fund Direct Plan Growth | 0.74% |
 Kotak Equity Arbitrage Fund Direct Growth | 0.39% |
 Invesco India Arbitrage Fund Direct Plan Growth Option | 1.07% |
 Tata Large & Mid Cap Fund Direct Plan Growth | 1.92% |
 HDFC Large and Mid Cap Fund Direct Growth | 0.66% |
Shareholding Pattern
| Investors | Holdings % | Prev. 4 periods | 3M change |
|---|---|---|---|
| Promoter Holdings | 39.98% | 0.00 | |
| Foreign Institutions | 30.69% | 6.85 | |
| Mutual Funds | 9.63% | 13.41 | |
| Retail Investors | 10.41% | 7.10 | |
| Others | 9.28% |
Technicals of Bandhan Bank Ltd share
News & Events of Bandhan Bank Ltd
News
Jubilant Food shares rise 0.41 per cent in Wednesday's trading session
The Relative Strength Index of the stock stood at 49.71 on Wednesday.
03 Apr, 2024 12:48 PMJubilant Food shares decline 2.21% as Sensex climbs
A total of 87,159 shares changed hands on the counter till 01:44PM (IST)
08 Apr, 2024 01:44 PMJubilant Food shares rise 0.78% as Sensex climbs
A total of 66,806 shares changed hands on the counter till 01:23PM (IST)
10 Apr, 2024 01:24 PMFrequently Asked Questions
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Bandhan Bank Ltd (BANDHANBNK) share price today is ₹173.3
Bandhan Bank Ltd is listed on NSE
Bandhan Bank Ltd is listed on BSE
- Today’s highest price of Bandhan Bank Ltd is ₹177.05.
- Today’s lowest price of Bandhan Bank Ltd is ₹173.
Today’s traded volume of Bandhan Bank Ltd(BANDHANBNK) is 1.16Cr.
Today’s market capitalisation of Bandhan Bank Ltd(BANDHANBNK) is ₹28006.71Cr.
| Bandhan Bank Ltd(BANDHANBNK | Price |
|---|---|
52 Week High | ₹272 |
52 Week Low | ₹172.75 |
Bandhan Bank Ltd(BANDHANBNK) share price is ₹173.3. It is down -36.29% from its 52 Week High price of ₹272
Bandhan Bank Ltd(BANDHANBNK) share price is ₹173.3. It is up 0.32% from its 52 Week Low price of ₹172.75
| Bandhan Bank Ltd(BANDHANBNK | Returns |
|---|---|
1 Day Returns | -0.55% |
1 Month Returns | -4.14% |
3 Month Returns | -23.62% |
1 Year Returns | -18.5% |