Bandhan Bank Ltd rose for a third straight session today. The stock is quoting at Rs 168.97, up 7.28% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.78% on the day, quoting at 22538.75. The Sensex is at 72511.47, up 0.82%. Bandhan Bank Ltd has dropped around 2.02% in last one month.
Meanwhile, Nifty Private Bank index of which Bandhan Bank Ltd is a constituent, has dropped around 0.37% in last one month and is currently quoting at 27122.9, up 0.18% on the day. The volume in the stock stood at 349.97 lakh shares today, compared to the daily average of 140.24 lakh shares in last one month.
The benchmark October futures contract for the stock is quoting at Rs 170, up 7.09% on the day. Bandhan Bank Ltd is up 3.92% in last one year as compared to a 10.37% fall in NIFTY and a 1.89% fall in the Nifty Private Bank index.
The PE of the stock is 18.73 based on TTM earnings ending June 26.
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Certain tele-fraudsters / unscrupulous and unregistered portfolio managers call customers or SMS them on the pretext of providing investment tips and lure them to invest through their bogus firms by promising huge profits.
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