Name - BANDHANBNK
Pattern - Symmetrical triangle Breakout
Timeframe - Daily
Volume - Good volume
Cmp - 207
Target - 242
SL - 203
Bandhan Bank’s Q1 FY25 performance:
Financial Highlights
Net Profit: Bandhan Bank reported a net profit of INR 1,063 crore, a significant 47% increase from INR 721 crore in the same quarter last year1.
Net Interest Income (NII): The NII grew by 21% YoY to INR 3,005 crore1.
Net Interest Margin (NIM): The NIM for the quarter was 7.6%, up from 7.3% last year1.
Analyst Ratings
Jefferies: Upgraded Bandhan Bank to “Buy” from “Underperform” with a target price of INR 2401.
Nomura: Downgraded Bandhan Bank to “Reduce” from “Buy” with a target price of INR 1751.
Consensus: The average target price from multiple analysts is around INR 2192.
Intrinsic Value
The intrinsic value of Bandhan Bank is estimated to be around INR 399.13, suggesting a significant upside from the current market price3.
CRISIL Ratings
CRISIL has reaffirmed its ratings on Bandhan Bank’s outstanding debt instruments at 'CRISIL AA/Negative/CRISIL A1+'
Always welcome for any comments with your feedback or give it a like if you find it useful.
Pattern - Symmetrical triangle Breakout
Timeframe - Daily
Volume - Good volume
Cmp - 207
Target - 242
SL - 203
Bandhan Bank’s Q1 FY25 performance:
Financial Highlights
Net Profit: Bandhan Bank reported a net profit of INR 1,063 crore, a significant 47% increase from INR 721 crore in the same quarter last year1.
Net Interest Income (NII): The NII grew by 21% YoY to INR 3,005 crore1.
Net Interest Margin (NIM): The NIM for the quarter was 7.6%, up from 7.3% last year1.
Analyst Ratings
Jefferies: Upgraded Bandhan Bank to “Buy” from “Underperform” with a target price of INR 2401.
Nomura: Downgraded Bandhan Bank to “Reduce” from “Buy” with a target price of INR 1751.
Consensus: The average target price from multiple analysts is around INR 2192.
Intrinsic Value
The intrinsic value of Bandhan Bank is estimated to be around INR 399.13, suggesting a significant upside from the current market price3.
CRISIL Ratings
CRISIL has reaffirmed its ratings on Bandhan Bank’s outstanding debt instruments at 'CRISIL AA/Negative/CRISIL A1+'
Always welcome for any comments with your feedback or give it a like if you find it useful.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.