Bandhan Bank Share Price Today on : Bandhan Bank share are up by 9.92%, Nifty up by 0.65%

Bandhan Bank Share Price Today on : At 28 Oct 16:00 today, Bandhan Bank shares are trading at price ₹185, 9.92% up from the previous closing price. Sensex is trading at ₹80005.04, up by 0.76%. The stock has hit a high of ₹187 and a low of ₹174 during the day.

On the technical front, the stock is trading above the 5 days SMA & lower than the 10,20,50,100,300 day SMA. The stock will have support at 5 days SMA & face resistance at 10,20,50,100,300 days SMA

The SMA values for the stock are given below :

The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹193.12, ₹199.99, & ₹210.3, whereas it has key support levels at ₹175.94, ₹165.63, & ₹158.76.

Bandhan Bank Share Price Today

Till 4 PM today, the volume traded on NSE & BSE for Bandhan Bank was 341.55% higher 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% .The current P/E of the stock is at 9.72 & P/B is at 1.14.

The median 1-year forecasted upside in this share is at 17.30% with a target price of ₹217.00.

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 9.92% today to trade at ₹185 in resonance with its peers. Its peers such as are also on the rise. Overall, benchmark indices Nifty & Sensex are up 0.65% & 0.76% each respectively.