Bandhan Bank – HDFC promoter stock

Bandhan Bank – HDFC promoter stock

Since last 2-year company is improving revenue and net profit. In fact, since 2017 company has grown three times in its revenue.

If we see the pre pandemic level stock traded highest level at 705 prices (please note that even IPO price is 370).


Bandhan Bank - Profit loss statement


Other financial equation is in favour are ROCE which is 12 % and cash from operating activity is also improving.

NPA (non performing assets) is significantly decrease to 0.26%

Bandhan Bank - Peer comparison


Promoters holding is in safe hand

FII has increases there hold in Bandhan bank

If we see the public holding or shareholding pattern, HDFC is leading promoter which holds almost 10%.



If we see the technical chart pattern 200 days simple  moving average is 338 and the current stock price is 309.

Bandhan Bank - Technical Chart


Reference:

1.       Screener.com

2.       Tradingview.com

3.       Moneycontrol.com

4.       chittorgarh.com

    Disclaimer:I am not SEBI approved Analyst or advisor. Investor/Traders must do his/her own Study and analysis before investing


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