Bandhan Bank s shares declined by 7.40% in today s trading session, resulting in a cumulative loss of 10.65% over two days. Analysts attribute this fall to profit booking.
Bandhan Bank shares slipped 6.79% to Rs 234.55 against the previous close of Rs 251.65 on BSE. The stock was among the top BSE losers in the afternoon session.
Bandhan Bank: Advances stood at Rs 1,07,633 crore compared with Rs 95,835 crore in the corresponding quarter last year. They were up 4.3 per cent over June quarter's Rs 1,03,169 crore.
JSW Steel broke out of ascending triangle pattern on weekly charts and trading well above the pattern with positive bias. The momentum indicator MACD is trading well.
Majority of brokerages see Bandhan Bank to report a flattish performance in the NIIs in the range of Rs 2,450-2,525 crore, with NIMs contracting on both YoY and QoQ basis.