Bandhan bank share price: Bandhan Bank shares drop 1.59% as Sensex falls

Shares of Ltd. traded 1.59 per cent down at Rs 291.4 at 01:36PM (IST) on Tuesday, even as BSE benchmark Sensex dropped 483.49 points to 49018.92. The scrip had settled at Rs 296.1 in the previous session.

The stock quoted a 52-week high and 52-week low of Rs 430.25 and Rs 195.4, respectively.

As per BSE data, total traded volume on the counter till 01:36PM (IST) stood at 01:36PM shares with turnover at Rs 13.36 crore.

At the prevailing price, the stock trades at 21.3 times its trailing 12-month EPS of Rs 13.69 per share and 2.16 times its price-to-book value, the exchange 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 39.99 per cent stake in the company as of 31-Mar-2021, while FIIs owned 34.91 per cent and DIIs 1.9 per cent.