Current price is less than the intrinsic value

Intrinsic value

Stock has been generating better return on equity than bank FD

ROE vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

“Support to the MSME sector along with enhancement of credit guarantee scheme will provide much-needed relief to the sector,” said Chandra Shekhar Ghosh, MD, Bandhan Bank.

Union Budget: Continuation of credit guarantee relief for MSMEs

The income tax concessions proposed in the Union budget will promote more savings and propel growth in deposits, which in turn, will help the banking industry, Bandhan Bank Managing Director and Chief Executive Officer Chandra Shekhar Ghosh said on

I-T benefits in union budget to propel deposit growth: Bandhan Bank MD

In her budget speech, Union Finance Minister Nirmala Sitharaman announced no tax for those with an annual income of up to Rs 7 lakh under the new tax regime but made no changes for those who continue in the old regime that provides for tax exemptions and deductions on investments and expenses such a…

Budget 2023: I-T benefits in budget to propel deposit growth, says Bandhan Bank MD

The revision in income tax rates will increase the purchasing power of the middle class sections of the society, Bandhan Bank’s Chief Executive Chandra Sekhar Ghosh said

New tax rates will raise purchasing power of middle class: Bandhan Bank CEO

According to him, the increase in the purchasing capability of the middle class will push the demands of the products and this will positively impact the economy of the nation.

Tax rate revision will increase purchasing power of middle class: Bandhan Bank CEO

Iyer presently heads the home loans business at Bandhan Bank

Bandhan Bank’s Suresh Iyer set to join Can Fin Homes

ICICI Direct recommended hold rating on Bandhan Bank with a target price of Rs 265 in its research report dated January 22, 2023.

Hold Bandhan Bank; target of Rs 265: ICICI Direct

Emkay Global Financial is bullish on Bandhan Bank has recommended buy rating on the stock with a target price of Rs 300 in its research report dated January 21, 2023.

Buy Bandhan Bank; target of Rs 300: Emkay Global Financial

BSE Sensex was trading 364.46 points or 0.60 per cent higher at 60,986.23, whereas NSE’s Nifty50 surged 101 points or 0.56 per cent to trade at 18,128.50 at 9.35 am.

Sensex, Nifty rise in early trade; Bandhan Bank, ICICI Bank, Kotak Bank surge up to 6%

Motilal Oswal recommended Neutral rating on Bandhan Bank with a target price of Rs 270 in its research report dated January 21, 2023.

Neutral Bandhan Bank; target of Rs 270: Motilal Oswal

#markettoday #marketclosing #sharemarket #nifty #sensex 
Benchmarks mirroring global markets after a strong handover from Wall Street. A whole host of stocks reacting to quarterly earnings from the likes of UltraTech Cement, Yes Bank, Bandhan Bank, etc. Financials are higher in trade, with Nifty Bank notching gains of over a percent. All sectors trading in the green today barring the realty pack. Catch Sakshi Batra decode the moves on Dalal Street in the final minutes of trade with Vaishali Parekh Of Prabhudas Lilladher 
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#MARKETTODAY Nifty Hovering Above 18,100; Sensex Surges 300 Pts

Bandhan Bank is a commercial bank, which offers a variety of asset and liability products and services designed for micro banking and general banking, as well as other banking products and services

Bandhan Bank Ltd

Bandhan Bank Ltd

Intrinsic value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Union Budget: Continuation of credit guarantee relief for MSMEs

I-T benefits in union budget to propel deposit growth: Bandhan Bank MD

Budget 2023: I-T benefits in budget to propel deposit growth, says Bandhan Bank MD

New tax rates will raise purchasing power of middle class: Bandhan Bank CEO

Tax rate revision will increase purchasing power of middle class: Bandhan Bank CEO

Bandhan Bank’s Suresh Iyer set to join Can Fin Homes

Hold Bandhan Bank; target of Rs 265: ICICI Direct

Buy Bandhan Bank; target of Rs 300: Emkay Global Financial

Sensex, Nifty rise in early trade; Bandhan Bank, ICICI Bank, Kotak Bank surge up to 6%

Neutral Bandhan Bank; target of Rs 270: Motilal Oswal

Bandhan Bank Ltd

Intrinsic valueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry pointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Union Budget: Continuation of credit guarantee relief for MSMEs

I-T benefits in union budget to propel deposit growth: Bandhan Bank MD

Budget 2023: I-T benefits in budget to propel deposit growth, says Bandhan Bank MD

New tax rates will raise purchasing power of middle class: Bandhan Bank CEO

Tax rate revision will increase purchasing power of middle class: Bandhan Bank CEO

Bandhan Bank’s Suresh Iyer set to join Can Fin Homes

Hold Bandhan Bank; target of Rs 265: ICICI Direct

Buy Bandhan Bank; target of Rs 300: Emkay Global Financial

Sensex, Nifty rise in early trade; Bandhan Bank, ICICI Bank, Kotak Bank surge up to 6%

Neutral Bandhan Bank; target of Rs 270: Motilal Oswal

Intrinsic value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock