The stock quoted a 52-week low price of Rs 251.4 and a high of Rs 430.25.
Earlier, the stock saw a gap up opening in the morning.
A total of 129,063 lakh shares changed hands on the counter till 12:41PM (IST).
The stock of Bandhan Bank Ltd. commanded a market value of Rs 43012.92 crore, according to BSE.
The stock traded at a price-to-earning (P/E) multiple of 21.2, while the price-to-book value ratio stood at 3.13. Return on equity (ROE) was at 12.66 per cent, according to exchange data.
In the BSE500 pack, 335 stocks traded in the green, while 165 stocks were in the red.
The stock’s beta value, which measures volatility in relation to the broader market, stood at 1.26.
Promotor/FII Holding
Promoters held 39.99 per cent in Bandhan Bank Ltd. as of 30-Jun-2021 while overseas and domestic institutional investors owned 35.44 per cent and 1.86 per cent, respectively.
Moving averages
The 200-DMA of the stock stood at 335.4 on August 27, while the 50-DMA was at 306.53. If a stock trades below 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered as bearish trend and if trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.
