{"id":7201,"date":"2024-04-04T04:58:40","date_gmt":"2024-04-04T04:58:40","guid":{"rendered":"https:\/\/demo5.dedicatedhost247.com\/zexo\/shares-of-bandhan-bank-rise-as-nifty-drops\/"},"modified":"2024-04-04T04:58:40","modified_gmt":"2024-04-04T04:58:40","slug":"shares-of-bandhan-bank-rise-as-nifty-drops","status":"publish","type":"post","link":"https:\/\/demo5.dedicatedhost247.com\/zexo\/shares-of-bandhan-bank-rise-as-nifty-drops\/","title":{"rendered":"Shares of Bandhan Bank rise as Nifty drops"},"content":{"rendered":"


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Shares of Bandhan Bank Ltd<\/a>. gained 2.88 per cent to Rs 196.0 in Thursday’s trade as of 10:10AM (IST). It hit a high of Rs 197.2 and low of Rs 192.0 during the session. <\/p>\n

The stock quoted a 52-week high price of Rs 272.0 and a low of Rs 173.45. The return on equity for the stock stood at 11.2 per cent. About 812,468 shares have changed hands on the counter so far. <\/p>\n

The stock’s beta value, which measures its volatility in relation to the broader market, stood at 1.26. <\/p>\n

The scrip has been an underperformer, down 3.97 per cent in the past one year in comparison with a 26.86 per cent gain in Sensex<\/a>. <\/p>\n

Technicals<\/b>
On the technical charts, the 200-day moving average (DMA) of the stock stood at Rs 173.45 on April 04, while the 50-DMA was at Rs 200.4. If a stock trades well above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades well below 50-DMA and 200-DMA both, it is considered a bearish trend and if trades between these averages, then it suggests the stock can go either way. <\/p>\n

Promoter\/FII Holding <\/b>
Promoters held 39.98 per cent stake in Bandhan Bank Ltd<\/a>. as of 31-Dec-2023. Mutual funds and foreign institutional investors held 9.63 per cent and 34.74 per cent stake.<\/div>\n\n","protected":false},"excerpt":{"rendered":"

Shares of Bandhan Bank Ltd. gained 2.88 per cent to Rs 196.0 in Thursday’s trade as of 10:10AM (IST). It hit a high of Rs 197.2 and low of Rs 192.0 during the session. The stock quoted a 52-week high price of Rs 272.0 and a low of Rs 173.45. The return on equity for […]<\/p>\n","protected":false},"author":1,"featured_media":7202,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":""},"categories":[50],"tags":[1642,1636,10878,10879,351,544,205,281,542,62,546,571,698],"jetpack_featured_media_url":"https:\/\/img.etimg.com\/thumb\/msid-83772708,width-1200,height-630,imgsize-284734,overlay-etmarkets\/photo.jpg","_links":{"self":[{"href":"https:\/\/demo5.dedicatedhost247.com\/zexo\/wp-json\/wp\/v2\/posts\/7201"}],"collection":[{"href":"https:\/\/demo5.dedicatedhost247.com\/zexo\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/demo5.dedicatedhost247.com\/zexo\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/demo5.dedicatedhost247.com\/zexo\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/demo5.dedicatedhost247.com\/zexo\/wp-json\/wp\/v2\/comments?post=7201"}],"version-history":[{"count":0,"href":"https:\/\/demo5.dedicatedhost247.com\/zexo\/wp-json\/wp\/v2\/posts\/7201\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/demo5.dedicatedhost247.com\/zexo\/wp-json\/wp\/v2\/media\/7202"}],"wp:attachment":[{"href":"https:\/\/demo5.dedicatedhost247.com\/zexo\/wp-json\/wp\/v2\/media?parent=7201"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/demo5.dedicatedhost247.com\/zexo\/wp-json\/wp\/v2\/categories?post=7201"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/demo5.dedicatedhost247.com\/zexo\/wp-json\/wp\/v2\/tags?post=7201"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}