Banking and finance

Bandhan Bank shares decline 2.07% as Sensex climbs

Shares of the Ltd. traded at Rs 321.3 on BSE at 01:57PM (IST) on Thursday, down 2.07 per cent from earlier shut.

The inventory quoted a 52-week low value of Rs 259.4 and a excessive of Rs 430.25.

Earlier, shares of the corporate noticed a spot up opening within the morning.

A complete of 135,462 lakh shares modified palms on the counter until 01:57PM (IST).

The inventory of Bandhan Financial institution Ltd. instructions a market worth of Rs 51670.27 crore.

The inventory traded at a price-to-earning (P/E) a number of of 25.47, whereas the price-to-book worth ratio stood at 3.13. Return on fairness (ROE) was at 12.66 per cent, in keeping with trade knowledge.

Within the BSE500 pack, 264 shares traded within the inexperienced, whereas 236 shares have been within the crimson.

Promotor Holding

Promoters held 39.99 per cent within the Bandhan Financial institution Ltd. as of 30-Jun-2021 whereas abroad and home institutional buyers owned 35.44 per cent and 1.97 per cent, respectively.

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