Bandhan Bank Ltd. Stock Sees -3.31% Decline, Remains a Largecap Player in Private Banking Industry

Bandhan Bank Ltd., a largecap private bank, has seen a decline in its stock price by -3.31% on September 6th, 2024. This underperformance is reflected in the stock's current 'Hold' call by MarketsMOJO. The stock's performance today has been -2.2% lower than the sector average. It touched an intraday low of Rs 196, a decrease of -3.76%. However, the stock's moving averages show a mixed trend, with it being higher than the 100 day moving average but lower than the 5 day, 20 day, 50 day, and 200 day moving averages. In comparison to the Sensex, Bandhan Bank Ltd.'s 1 day performance has been -3.29%, while the Sensex has only seen a decline of -1.33%. Over the past month, the stock's performance has been -2.31%, while the Sensex has seen a positive growth of 3.20%. Despite the recent decline in stock price, Bandhan Bank Ltd. remains a largecap player in the private banking industry. Investors should keep an eye on the stock's performance and consult with their financial advisors before making any investment decisions.