Bandhan Bank is currently trading at Rs. 308.50, down by 0.15 points or 0.05% from its previous closing of Rs. 308.65 on the BSE.
The scrip opened at Rs. 314.85 and has touched a high and low of Rs. 314.85 and Rs. 305.00 respectively. So far 743829 shares were traded on the counter.
The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 650.00 on 29-Oct-2019 and a 52 week low of Rs. 152.35 on 25-Mar-2020.
Last one week high and low of the scrip stood at Rs. 348.45 and Rs. 304.20 respectively. The current market cap of the company is Rs. 49564.72 crore.
The promoters holding in the company stood at 60.95%, while Institutions and Non-Institutions held 22.49% and 16.56% respectively.
Bandhan Bank’s holding company Bandhan Financial Holdings (BFHL) has sold 20.95 per cent stake worth over Rs 10,550 crore as part of complying with regulatory requirements. BFHL has offloaded more than 33.73 crore shares in the secondary market.
BFHL — the Non-Operative Financial Holding Company (NOFHC) of the lender — was required to reduce its excess shareholding to 40 per cent of the paid-up voting capital of the bank.
Bandhan Bank is an Indian banking and financial services company headquartered in Kolkata, West Bengal. Bandhan, which started as a micro-finance company in 2001, received banking licence by Reserve Bank of India in 2014.
