Trending stocks: Bandhan Bank share price jumps 8%

NEW DELHI: Shares of Bandhan Bank traded 7.97 per cent up in Wednesday 's trade at 11:02AM (IST).
Around 499838 shares changed hands on the counter. The stock opened at Rs 250.0 and touched an intraday high and low of Rs 257.3 and Rs 243.3 , respectively, in the session so far.

The stock quoted a 52-week high of Rs 650.0 and a 52-week low of Rs 152.2 .


Private lender Bandhan Bank on Tuesday posted 29 per cent quarter-on-quarter (QoQ) fall in net profit at Rs 517.28 crore for the quarter ended March 31 due to over two-fold rise in provision and contingencies.

Financials
Bandhan Bank Ltd., incorporated in the year 2014, is a banking company (having a market cap of Rs 40119.33 Crore).

The Bank reported a Gross Non Performing Assets (Gross NPAs) of Rs 992.78 Crore (.00 % of total assets) and Net Non Performing Assets (Net NPAs) of Rs 389.40 Crore (.00% of total assets).

Bandhan Bank Ltd. key Products/Revenue Segments include Interest & Discount on Advances & Bills which contributed Rs 5727.23 Crore to Sales Value (86.20 % of Total Sales), Income From Investment which contributed Rs 617.12 Crore to Sales Value (9.28 % of Total Sales) and Interest which contributed Rs 228.28 Crore to Sales Value (3.43 % of Total Sales)for the year ending 31-Mar-2019.

Promoter holding
Promoters held 60.95 per cent stake in the company as of quarter ended 31st Mar 2020 .

Valuation ratio
It quoted a price-to-earnings ratio of 13.41 and price to book value of 2.68 .