Bandhan Bank — Growing Stronger, Building Trust, Expanding Opportunities.

Technical View

BANDHANBANK’s daily chart shows a strong buy-side rally after a sharp recovery from the lower support zone, and the stock is now trading near the upper part of its recent range. The price has moved above short-term moving averages, while momentum indicators like RSI and MACD are also improving, which supports a bullish short-term structure. The immediate resistance area is around the recent swing highs near 181–182, and support is visible near 174–175 and then 170–172. If the stock holds above 175 on a closing basis, the rally can continue, but if it falls back below 172, some profit booking may happen. Branch Network and Expansion Bandhan Bank has a large domestic branch network, and its official updates show a wide presence across India with ongoing expansion. The bank’s growth is mainly through branch expansion, retail customer acquisition, and better digital banking services rather than international expansion. Its model is still largely domestic, so the business depends on Indian credit demand, deposit growth, and customer reach. Expansion in the future is expected to come from secured lending, retail banking, and digital channels. News and Event Impact One major event is the Q4 FY26 earnings conference call scheduled for 28 April 2026, which means the market is currently focused on result expectations. Recent news also shows that the bank has been working on cleaning up bad loans, improving GNPA, and strengthening the loan mix. These developments are positive for sentiment because they show a turnaround effort, but any weak guidance on profit or asset quality can still trigger volatility. So news flow can create both upside support and short-term profit booking.