BANDHANBNK

Fundamental View-

Bandhan Bank, a private sector bank established in 2015, primarily focuses on microfinance, MSME, and retail lending with a strong presence in Eastern and Northeastern India. It has a market cap of over ₹27,000 crore, trades at a price-to-book ratio of 1.1, and delivers a return on equity of around 8.5%. The bank maintains a healthy Net Interest Margin (NIM) of 7.3% owing to its microfinance-heavy portfolio, though its asset quality remains a key concern with Gross NPA at 4.87%. With a comfortable capital adequacy ratio of 18.3% and YoY advances growth of 14%, Bandhan Bank is in a gradual transition toward secured lending and portfolio diversification. However, regional concentration and earnings volatility due to provisioning remain challenges. The outlook depends on sustained improvement in asset quality and business diversification. Technical View- As seen on the weekly chart, Bandhan Bank has witnessed a decline from higher levels over the past two weeks, but the stock continues to hold strong support near its 14-day and 55-day EMA, indicating underlying strength. The MACD remains below the signal line but is showing signs of stability. On the daily chart, the stock is taking support near its 50-day moving average. The company is scheduled to announce its Q1 FY26 results on July 18, making it a stock to watch closely. On Friday, it opened at ₹178.20, made a high of ₹179.65, a low of ₹174.85, and closed at ₹175.55—exactly near its 55-day EMA support on the weekly chart. Technically, the stock is holding above ₹175, maintaining a positive trend. Any dip toward this support zone could be a buying opportunity. For the short term, an entry can be considered with a stop loss at ₹165, and on the upside, the stock has the potential to move toward ₹195–₹200 levels.