On NSE, Bandhan Bank Ltd is quoting Rs 248.9, up 0.89%. The stock is down 11.67% in 2022, compared to a 6% jump in Nifty and a 16.91% jump in the Nifty Bank.
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On January 23, 2023, Bandhan Bank Ltd is up for a fifth straight session. The stock is quoted at Rs 248.9, up 0.89%. The benchmark Nifty is up around 0.04% daily, with 1,8567.45. The Sensex is at 62,427.21, up 0.03%. Bandhan Bank Ltd has gained around 8.86% in the previous month.
Meanwhile, the Nifty Bank index, of which Bandhan Bank Ltd is a constituent, has gained around 3.76% in December 2022 and is currently quoting 43,098.7, up 0.59% on the day. The volume in the stock stood at 35.29 lakh shares on Monday compared to the daily average of 129 lakh shares last month.
In the December futures contract, the stock’s benchmark is at Rs 250.65, up 0.74% on the day. Bandhan Bank Ltd is down 11.67% in 2022 compared to a 6% jump in Nifty and a 16.91% jump in the Nifty Bank index.
Based on TTM earnings, the PE of the stock was 10.31 at ending September 2022.