Bandhan Bank Share Price Today on 27-11-2024: At 27 Nov 11:08 today, Bandhan Bank shares are trading at price ₹171.5, 0.65% up from the previous closing price. Sensex is trading at ₹80053.17, up by 0.06%. The stock has hit a high of ₹171.6 and a low of ₹169.5 during the day.
On the technical front, the stock is trading above the 5,10 days SMA & lower than the 20,50,100,300 day SMA. The stock will have support at 5,10 days SMA & face resistance at 20,50,100,300 days SMA
The SMA values for the stock are given below :
| Days | Simple Moving Average |
|---|---|
| 5 | 167.32 |
| 10 | 170.87 |
| 20 | 175.49 |
| 50 | 188.38 |
| 100 | 194.33 |
| 300 | 193.72 |
The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹172.17, ₹173.89, & ₹175.37, whereas it has key support levels at ₹168.97, ₹167.49, & ₹165.77.
Till 11 AM today, the volume traded on NSE & BSE for Bandhan Bank was -30.60% 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, The stock is currently experiencing a strong downtrend.
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 9.84 & P/B is at 1.16.
The median 1-year forecasted upside in this share is at 21.87% with a target price of ₹209.00.
The company has a 0.00% promoter holding, 9.39% MF holding, & 22.68% FII holding as per filings in the september quarter.
The MF holding has increased from 7.79% in june to 9.39% 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 up 0.65% today to trade at ₹171.5 while its peers are mixed. Its peers such as Karur Vysya Bank, City Union Bank are falling today, but its peers Bank Of Maharashtra, Punjab & Sind Bank are on the rise. Overall, benchmark indices Nifty & Sensex are up -0.08% & 0.06% each respectively.
