Bandhan Bank Share Price Today on : Bandhan Bank share are up by 8.94%, Nifty up by 0.79%

Bandhan Bank Share Price Today on 28-10-2024: On the last trading day, Bandhan Bank opened at ₹176.25 and closed at ₹183.45. The stock reached a high of ₹184.40 and a low of ₹174.00 during the day.

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Bandhan Bank Share Price Today on : At 28 Oct 11:21 today, Bandhan Bank shares are trading at price ₹ 183.35, 8.94% up from the previous closing price.

Sensex is trading at ₹ 80209.56, up by 1.02%.



The stock has hit a high of ₹ 184.4 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 ₹ 176.32, ₹ 184.99, & ₹ 189.

5, whereas it has key support levels at ₹ 163.14, ₹ 158.63, & ₹ 149.

96. Till 11 AM today, the volume traded on NSE & BSE for Bandhan Bank was 539.84% 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 18.

35% 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 8.94% today to trade at ₹ 183.35 in resonance with its peers.

Its peers such as are also on the rise. Overall, benchmark indices Nifty & Sensex are up 0.79% & 1.

02% each respectively..