Bandhan Bank share price: The stock fell 1.76 per cent to hit a new one-year low value of Rs 170.35. At this price, it has slipped 30.21 per cent in 2024 so far.
Bandhan Bank is currently experiencing a pronounced downtrend, with indications pointing towards a potential bottoming out near the Covid lows in the range of Rs 180-160 per share.
Brokerages Jefferies and Nomura have slashed their target prices for the stock of the Kolkata-based lender that emerged as a full-service bank after decades of operations as a microfinancier.