Bandhan Bank Share Price Today on 04-11-2024: At 04 Nov 16:02 today, Bandhan Bank shares are trading at price ₹180.2, -1.88% down from the previous closing price. Sensex is trading at ₹78782.24, down by -1.18%. The stock has hit a high of ₹183.95 and a low of ₹177.25 during the day.
On the technical front, the stock is trading above the 10 days SMA & lower than the 5,20,50,100,300 day SMA. The stock will have support at 10 days SMA & face resistance at 5,20,50,100,300 days SMA
The SMA values for the stock are given below :
Days | Simple Moving Average |
---|---|
5 | 181.52 |
10 | 179.77 |
20 | 186.31 |
50 | 195.34 |
100 | 197.89 |
300 | 197.59 |
The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹183.38, ₹186.57, & ₹189.63, whereas it has key support levels at ₹177.13, ₹174.07, & ₹170.88.
Till 4 PM today, the volume traded on NSE & BSE for Bandhan Bank was -18.60% lower than the previous trading session. Volume traded is an important indicator along with price to study trends. Positive price movement with higher volume suggests a sustainable upmove, and negative price movement with higher volume might be an indication of further decline in prices.
Overall, as per Mint technical analysis, The stock is currently experiencing a strong downtrend.
From a fundamental analysis perspective, the company has a ROE of 10.82% & ROA of 1.34% respectively.The current P/E of the stock is at 10.53 & P/B is at 1.24.
The median 1-year forecasted upside in this share is at 15.98% with a target price of ₹209.00.
The company has a 0.00% promoter holding, 6.71% MF holding, & 22.68% FII holding as per filings in the september quarter.
The MF holding has decreased from 7.11% in june to 6.71% in the september quarter.
The FII holding has decreased from 24.20% in june to 22.68% in the september quarter.
Bandhan Bank share price down -1.88% today to trade at ₹180.2 while its peers are mixed. Its peers such as Bank Of Maharashtra, Punjab & Sind Bank, Karur Vysya Bank are falling today, but its peers City Union Bank are on the rise. Overall, benchmark indices Nifty & Sensex are down -1.27% & -1.18% each respectively.
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