Bandhan Bank Share Price: Share price of Bandhan Bank as Sensex gains 702.57 points

The share price of Bandhan Bank Ltd. 1.04 per cent to Rs 183.05 at 12:10PM (IST) in Wednesday’s trade. The scrip has hit a high of Rs 184.00 and low of Rs 181.75 so far during the session. The stock had closed at Rs 181.15 in the previous session.

The counter has had a total traded volume of 191064 shares so far with a value of Rs 3.49 crore on the NSE. It traded at a price-to-earnings multiple of 10.59 and a price-to-book ratio of 1.34.

A higher P/E ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.

The price-to-book value indicates the inherent value of a company and reflects the price investors are willing to pay even for no growth in the…

Source link