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saurabh mittal

5th Oct · SEBI-Registered Analyst

Bandhan Bank Ltd Stock Performance

BANDHANBNK
shares last traded on October 3 at ₹165.96, up 1.48% from ₹163.54, amid positive sentiment from the Q2 preview. Market cap is approximately ₹26,500 crore, with a P/E ratio around 8-9. Technical analysts on X noted a potential weekly breakout above ₹174, targeting ₹200, with support at ₹160 and RSI/MACD showing buy signals. CLSA remains bullish, seeing 33% upside alongside peers like SBI and ICICI Bank, citing undervaluation.

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