Bandhan Bank Share Price Today on 05-11-2024: At 05 Nov 16:01 today, Bandhan Bank shares are trading at price ₹181.15, 0.53% up from the previous closing price. Sensex is trading at ₹79476.63, up by 0.88%. The stock has hit a high of ₹181.95 and a low of ₹178.1 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 ₹182.73, ₹184.31, & ₹186.61, whereas it has key support levels at ₹178.85, ₹176.55, & ₹174.97.
Till 4 PM today, the volume traded on NSE & BSE for Bandhan Bank was -34.48% 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, While the stock is displaying initial signs of bottoming out, investors are advised to await confirmation of a bullish short-term trend before considering a reversal..
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 10.41 & P/B is at 1.22.
The median 1-year forecasted upside in this share is at 15.37% 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 has gained 0.53% today to trade at ₹181.15 in resonance with its peers. Its peers such as
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