Bandhan Bank Ltd spurts 1.5%, up for five straight sessions

Bandhan Bank Ltd rose for a fifth straight session today. The stock is quoting at Rs 206.82, up 1.5% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.22% on the day, quoting at 24824.75. The Sensex is at 81098.08, up 0.24%. Bandhan Bank Ltd has added around 5.78% in last one month.

Meanwhile, Nifty Bank index of which Bandhan Bank Ltd is a constituent, has added around 1.49% in last one month and is currently quoting at 50685.55, up 0.63% on the day. The volume in the stock stood at 155.72 lakh shares today, compared to the daily average of 192.3 lakh shares in last one month.

The benchmark August futures contract for the stock is quoting at Rs 206.94, up 1.35% on the day. Bandhan Bank Ltd is down 12.83% in last one year as compared to a 27.67% gain in NIFTY and a 14.67% gain in the Nifty Bank index.

The PE of the stock is 12.76 based on TTM earnings ending June 24.