Trending stocks: Bandhan Bank shares rise over 2%

NEW DELHI: Shares of Bandhan Bank Ltd. traded 2.46 per cent up in Friday’s trade at 10:48AM (IST). Around 1058793 shares changed hands on the counter. The stock opened at Rs 291.5 and touched an intraday high and low of Rs 297.9 and Rs 290.6, respectively, in the session so far.

The stock quoted a 52-week high of Rs 650 and a 52-week low of Rs 152.2.

Financials

Bandhan Bank Ltd., incorporated in the year 2014, is a banking company (having a market cap of Rs 47825.60 Crore).

The Bank has reported a Gross Non Performing Assets (Gross NPAs) of Rs 1006.67 Crore and Net Non Performing Assets (Net NPAs) of Rs 335.78 Crore.

Bandhan Bank Ltd. key Products/Revenue Segments include Interest & Discount on Advances & Bills which contributed Rs 9486.24 Crore to Sales Value (87.14 % of Total Sales), Income From Investment which contributed Rs 832.81 Crore to Sales Value (7.65 % of Total Sales), Interest which contributed Rs 403.19 Crore to Sales Value (3.70 % of Total Sales) and Interest On Balances with RBI and Other Inter-Bank Funds which contributed Rs 163.26 Crore to Sales Value (1.49 % of Total Sales)for the year ending 31-Mar-2020.

Promoter holding

Promoters held 40 per cent stake in the company as of quarter ended 31st Jun 2020.

Valuation ratio

It quoted a price-to-earnings ratio of 17.27 and price to book value of 3.15.