Bandhan Bank shares gain 0.1% as Sensex falls
A total of 359,757 shares changed hands on the counter till 10:56AM (IST)
Shares of . traded 0.1 per cent up at Rs 183.4 at 10:56AM (IST) on Monday, even as benchmark dropped 66.63 points to 72576.8. The scrip had closed at Rs 183.2 in the previous session.The stock quoted a 52-week high and 52-week low of Rs 272.0 and Rs 173.45, respectively.
As per BSE data, total traded volume on the counter till 10:56AM (IST) stood at 10:56AM shares with turnover at Rs 6.63 crore.
At the prevailing price, shares of the company trades at 9.92 times its trailing 12-month earnings per share of Rs 18.52 per share and 1.61 times its price-to-book value, BSE data showed.
A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
The Beta value of the stock, which measures its volatility in relation to the broader market, stood at 1.26.
Shareholding Details
Promoters held 39.98 per cent stake in the company as of 31-Dec-2023, while FIIs owned 34.75 per cent and DIIs 14.78 per cent.
Source: Stocks-Markets-Economic Times
