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Bandhan Bank Ltd share price logo

Bandhan Bank Ltd

(BANDHANBNK)

₹213.132.62%

as on 04:01PM, 18 Sep 2024

Overview
News
Financials
Q1 2024 Results
Technicals
F&O

Analyst Rating

based on 24 analysts

HOLD

47.83%

Buy

30.43%

Hold

21.74%

Sell

Based on 24 analysts offering long term price targets for Bandhan Bank Ltd. An average target of ₹219.29

Source: S&P Global Market Intelligence

Bandhan Bank Ltd Share analysis

Bandhan Bank Ltd price forecast by 24 analysts

Upside of5.59%

High

₹295

Target

₹219.29

Low

₹159

Bandhan Bank Ltd target price ₹219.29, a slight upside of 5.59% compared to current price of ₹213.13. According to 24 analysts rating.

Source: S&P Global Market Intelligence

Performance

  • Day's Low

    Day's High

    ₹207.61
    ₹214.2
  • 52 Week's Low

    52 Week's High

    ₹169.15
    ₹263.1
1 Month Return+ 8.16 %
3 Month Return+ 4.87 %
1 Year Return-15.78 %
Previous Close₹207.68
Open₹208.31
Volume3.01Cr
Upper Circuit-
Lower Circuit-
Market Cap₹33,456.64Cr

Key Statistics

P/E Ratio0
PEG Ratio0
Market Cap₹33,456.64 Cr
P/B Ratio1.35
EPS0
Dividend Yield0
SectorBanks
ROE10.82

Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
HOLD₹33,456.64 Cr-10.66%NANANA
BUY₹1,14,227.12 Cr2.04%NA₹8,977 Cr₹55,143 Cr
BUY₹8,93,337.30 Cr43.51%NA₹44,256 Cr₹2,36,037 Cr
BUY₹3,81,030.13 Cr18%NA₹26,386 Cr₹1,37,989 Cr
BUY₹12,72,666.82 Cr10.51%NA₹64,062 Cr₹4,07,994 Cr

Company Information

Bandhan Bank is an Indian commercial bank that specializes in providing financial services to underserved and underpenetrated markets in the country. Formed in 2001 as a non-governmental organization (NGO), the bank obtained its banking license from the Reserve Bank of India (RBI) in 2015 and initiated its general banking operations. It has since acquired more than 850 branches in the East and North East regions and 2546 Door Step Service Centres (DSCs). During FY 2017-18, it forayed into the gold loan business and established 60 branches. It went public in March 2018 and has received various awards like the Noteworthy Lender to the MSE– Private Sector Bank at the SIDBI ET MSE Awards 2018 and the Best Performing Bank in terms of Aadhaar generation and update using online client at the Aadhaar Excellence Awards in October 2018. As of March 2021, the bank has 5310 banking outlets comprising 1147 branches and 3636 Banking Units and 487 ATMs across the country. In FY 2021, the total deposits increased 36.6% to Rs. 77972.2 crore and 751 new banking outlets were opened with a focus on geographies outside East and North East India. The Bank also launched several new products and services such as Neo Savings Account, three new Current Account products, housing loans and Direct Sales Agent (DSA) Channel for sourcing home loans. It has also installed 1630 Electronic Draft Capture Point of Sale (EDC-PoS) terminals and conducted transactions worth Rs. 5374.19 crore.

Share Price: ₹213.13 per share as on 18 Sep, 2024 04:01 PM
Market Capitalisation: ₹33,456.64Cr as of today
Listing date: 27 Mar, 2018
Chairperson Name: Anup Kumar Sinha
OrganisationBandhan Bank Ltd
Headquarters
IndustryBanks
E-voting on sharesClick here to vote

Key events for Bandhan Bank Ltd

  • Bandhan Bank Raises FD Rates to 8.55% - 18 Sep, 2024

    Bandhan Bank has raised its fixed deposit interest rates to 8.55% for one-year deposits, aiming to attract more depositors amid competitive market conditions.

  • Bandhan Bank Announces FD Rates and CEO Search Progress - 16 Sep, 2024

    On September 16, 2024, Bandhan Bank revealed competitive fixed deposit interest rates, including 8.05% for general customers and 8.55% for seniors. Additionally, the search for a new CEO is nearing completion, with Swarup Kumar Saha as a top candidate.

  • Impact of Rate Cuts on Banking Sector Margins - 11 Sep, 2024

    Sumit Agrawal discusses how potential rate cuts may not significantly affect banking margins due to current CASA ratios. Private banks may benefit from repricing deposits more effectively over time.

  • Bandhan Bank Launches GST Collection Services - 10 Sep, 2024

    Bandhan Bank has introduced GST collection services for customers and non-customers, enhancing government service accessibility. Authorized by the West Bengal government, the bank can now collect taxes and non-tax receipts through the Government Receipt Portal System (GRIPS).

  • Bandhan Bank Introduces GST Collection Services - 09 Sep, 2024

    Bandhan Bank has launched a new service allowing both customers and non-customers to pay Goods and Services Tax (GST) online and offline, marking a significant milestone in enhancing government service accessibility.

  • Bandhan Bank Partners with Ashok Leyland for Financing - 05 Sep, 2024

    Bandhan Bank has signed a Memorandum of Understanding with Ashok Leyland to provide customized vehicle financing solutions, enhancing access to loans with flexible repayment options for customers in the commercial vehicle sector.

  • Bandhan Bank Introduces Women-Centric Financial Products - 23 Aug, 2024

    Bandhan Bank has launched Avni, a savings account for women, and the Bandhan Bank Delights loyalty program, enhancing its offerings to attract more female customers.

  • Bandhan Bank Launches Women-Centric Financial Products - 22 Aug, 2024

    Bandhan Bank has introduced 'Avni', a savings account tailored for women, alongside a women-specific debit card and a loyalty program, aiming to enhance its female customer base and improve CASA ratios.

  • JM Financial Recommends Buy for Bandhan Bank - 21 Aug, 2024

    JM Financial has recommended buying Bandhan Bank stocks with a target price of Rs 260. The bank reported a standalone total income of Rs 6063.36 crore and a net profit of Rs 1063.46 crore for the quarter ended June 30, 2024.

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.

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 16.33% to 16.64% in Jun 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, State Bank of India has given 79.0% return, outperforming this stock by 105.1%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, State Bank of India has given 29.6% return, outperforming this stock by 45.4%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 39.98% of holdings in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 3 years, BANDHANBNK stock has moved down by -26.2%

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 8.06% to 7.79% in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 27.14% to 24.20% in Jun 2024 quarter

Bandhan Bank Ltd Infographics

Bandhan Bank Limited July-September'24 Results: Financial Performance

Let's find out how Bandhan Bank performed this quarter (Q2FY24)

  • Let's find out how Bandhan Bank performed this quarter (Q2FY24)
  • Retail loans were the mainly attributed for Bandhan Bank's profits this earnings
  • Significant increase in bad loans was witnessed
  • Interest income rose by 11% due to higher retail loans.
  • What is NPA (Non Performing Asset)?
  • Here's how NPA affects investors and borrowers
  • Here's what major analysts have to say about Bandhan Bank
  • Comparing Loans and Deposits of Bandhan Bank
  • Bandhan bank's share price declined sharply mainly due to higher Net NPAs

News

Stock Radar: Why traders should wait for Rs 225 before going long in Bandhan Bank

Bandhan Bank Ltd experienced a resurgence following a 17% drop from its yearly high. Experts recommended that short-term traders consider buying the stock above Rs 225 for potential targets of Rs 265-280. The stock rebounded after finding support at Rs 170, reclaiming crucial short- and long-term moving averages.31 Jul, 2024 10:00 AM

Invest in Bandhan Mutual Fund's Small Cap Fund to Maximise Potential Returns

/PRNewswire/ -- Bandhan Mutual Fund provides attractive small-cap fund option for investors looking to earn optimal returns over the long term. The mutual fund...31 Jul, 2024 11:05 AM

Bandhan Bank Share Price Live blog for 01 Aug 2024

Bandhan Bank Share Price Today Live Updates : Bandhan Bank stock price went down today, 01 Aug 2024, by -0.86 %. The stock closed at 219.8 per share. The stock is currently trading at 217.9 per share. Investors should monitor Bandhan Bank stock price closely in the coming days and weeks to see how it reacts to the news.01 Aug, 2024 08:03 AM
View More

Company Financials

Value in ₹ crore
Details2021202220232024
Total Assets₹1,15,222.46Cr (-)₹1,39,212.16Cr (↑20.82%)₹1,56,296.65Cr (↑12.27%)₹1,78,125.97Cr (↑13.97%)
Total Liabilities₹1,15,222.46Cr (-)₹1,39,212.16Cr (↑20.82%)₹1,56,296.65Cr (↑12.27%)₹1,78,125.97Cr (↑13.97%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹6,583.01Cr (-)-₹909.18Cr (↓113.81%)₹902.19Cr (↓199.23%)-₹4,244.62Cr (↓570.48%)₹14,808.42Cr (↓448.88%)

Index Inclusions

BANK NIFTY

₹52,750.40

1.08 (561.75%)

Nifty Midcap Liquid 15

₹14,287.00

-0.8 (-115.35%)

S&P BSE Private Banks

₹19,031.16

0.96 (180.65%)

S&P BSE 150 MidCap

₹16,861.43

-0.74 (-126.15%)

Nifty Midcap 50

₹16,687.75

-1.14 (-193.25%)

DFRGRI Indices

₹1,560.07

1 (15.46%)

S&P BSE Enhanced Value

₹985.09

-0.36 (-3.57%)

Nifty Midcap 100

₹59,752.85

-0.71 (-427.9%)

Nifty LargeMidcap 250

₹16,673.25

-0.45 (-74.8%)

S&P BSE Fin. Ser

₹11,861.53

1 (117.03%)

Nifty 200

₹14,380.45

-0.28 (-40.1%)

S&P BSE 400 MidSmallCap

₹12,848.57

-0.62 (-80.01%)

BSE 500

₹37,668.29

-0.37 (-138.15%)

S&P BSE AllCap

₹11,026.27

-0.37 (-41.39%)

Nifty Private Bank

₹26,502.60

0.96 (252.25%)

S&P BSE Largecap

₹9,908.53

-0.25 (-24.94%)

Nifty Midcap 150

₹22,079.90

-0.7 (-155.45%)

BSE 200

₹11,731.01

-0.34 (-40.29%)

Nifty MidSmallcap 400

₹20,837.05

-0.57 (-119.45%)

S&P BSE 250 LargeMidCap

₹11,133.40

-0.36 (-40.47%)

Nifty 500

₹23,898.65

-0.3 (-71.25%)

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
39.98%
0.00
Foreign Institutions
24.2%
-10.84
Mutual Funds
7.79%
-3.32
Retail Investors
16.64%
1.87
Others
11.38%
34.25

Key Indicators

Details20202021202220232024
Return On Equity %22.9113.530.7211.8710.82

Earnings and Dividends

  • Bandhan Bank Ltd Earnings Results

    Bandhan Bank Ltd’s net profit jumped 47.49% since last year same period to ₹1,063.46Cr in the Q1 2024-2025. On a quarterly growth basis, Bandhan Bank Ltd has generated 1846.66% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Bandhan Bank Ltd Dividends May,2024

    In the quarter ending March 2024, Bandhan Bank Ltd has declared dividend of ₹1.50 - translating a dividend yield of 1.44%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bullish

Bandhan Bank Ltd is currently in a Bullish trading position according to technical analysis indicators.

Frequently Asked Questions

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Bandhan Bank Ltd (BANDHANBNK) share price today is ₹213.13

Bandhan Bank Ltd is listed on NSE

Bandhan Bank Ltd is listed on BSE

  • Today’s highest price of Bandhan Bank Ltd is ₹214.2.
  • Today’s lowest price of Bandhan Bank Ltd is ₹207.61.

Today’s traded volume of Bandhan Bank Ltd(BANDHANBNK) is 3.01Cr.

Today’s market capitalisation of Bandhan Bank Ltd(BANDHANBNK) is ₹33456.64Cr.

Bandhan Bank Ltd(BANDHANBNKPrice
52 Week High
₹263.1
52 Week Low
₹169.15

Bandhan Bank Ltd(BANDHANBNK) share price is ₹213.13. It is down -18.99% from its 52 Week High price of ₹263.1

Bandhan Bank Ltd(BANDHANBNK) share price is ₹213.13. It is up 26.00% from its 52 Week Low price of ₹169.15

Bandhan Bank Ltd(BANDHANBNKReturns
1 Day Returns
5.45%
1 Month Returns
8.16%
3 Month Returns
4.87%
1 Year Returns
-15.78%