Bandhan Bank Share Price Rises: Key Financial Insights and Updates

On Monday, the share price of Bandhan Bank Ltd. went up by 2.67% to reach Rs 163.35 by 12:37 PM. During the trading session, the stock reached a high of Rs 163.85 and a low of Rs 158.25. On the previous trading day, the share price was Rs 159.10. So far today, there have been many shares traded, totaling Rs 8.02 crore.

The price-to-earnings (P/E) ratio of Bandhan Bank is 9.45, meaning investors are willing to pay this price for each rupee the bank earns. The price-to-book (P/B) ratio is 1.34, showing how much investors are ready to pay for the company’s value, even without considering growth.

Bandhan Bank operates in the private banking industry. As of September 30, 2024, the promoters owned 39.98% of the company, foreign investors held 26.73%, and domestic institutional investors owned 16.33%.

In its latest report, Bandhan Bank announced that its consolidated sales for the quarter ending September 30, 2024, were Rs 6094.53 crore. This is a slight increase of 0.51% from the previous quarter and a significant rise of 21.11% compared to the same time last year when it was Rs 5032.19 crore.