Bandhan Bank jumps as its Q2 net profit rises 30% to Rs 937.45 crore
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Bandhan Bank is currently trading at Rs. 183.10, up by 14.80 points or 8.79% from its previous closing of Rs. 168.30 on the BSE.
The scrip opened at Rs. 176.25 and has touched a high and low of Rs. 184.40 and Rs. 174.00 respectively. So far 1157175 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 263.15 on 04-Jan-2024 and a 52 week low of Rs. 167.35 on 25-Oct-2024.
Last one week high and low of the scrip stood at Rs. 192.45 and Rs. 167.35 respectively. The current market cap of the company is Rs. 29617.71 crore.
The promoters holding in the company stood at 39.98%, while Institutions and Non-Institutions held 43.13% and 16.89% respectively.
Bandhan Bank has reported 29.99% rise in its net profit at Rs 937.45 crore for the quarter ended September 30, 2024 as compared to Rs 721.17 crore for the same quarter in the previous year. Total income of the bank increased by 21.11% at Rs 6,094.53 crore for Q2FY25 as compared to Rs 5,032.19 crore for the corresponding quarter previous year.
Bandhan Bank is an Indian banking and financial services bank headquartered in Kolkata, West Bengal. Bandhan, which started as a micro-finance bank in 2001, received banking licence by Reserve Bank of India in 2014.
