Bandhan Bank zooms on reporting 47% rise in Q1 net profit
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Bandhan Bank is currently trading at Rs. 214.55, up by 22.10 points or 11.48% from its previous closing of Rs. 192.45 on the BSE.
The scrip opened at Rs. 203.80 and has touched a high and low of Rs. 215.50 and Rs. 200.30 respectively. So far 3678032 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. 169.45 on 04-Jun-2024.
Last one week high and low of the scrip stood at Rs. 215.50 and Rs. 184.80 respectively. The current market cap of the company is Rs. 34329.77 crore.
The promoters holding in the company stood at 39.98%, while Institutions and Non-Institutions held 43.38% and 16.64% respectively.
Bandhan Bank has reported 47.49% rise in its net profit at Rs 1063.46 crore f for first quarter ended June 30, 2024 (Q1FY25) as compared to Rs 721.05 crore for the same quarter in the previous year. Total income of the bank increased by 23.54% at Rs 6063.35 crore for Q1FY25 as compared to Rs 4908.03 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.
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