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Analysts have ‘neutral’ to ‘buy’ recommendation on the share with target price ranging between Rs 320 and Rs 440, it closed at Rs 273 on Monday
Topics
Bandhan Bank | Q1 results | NPAs
The market responded negatively to Bandhan Bank’s results. Despite a jump in earnings, the bank had deteriorating asset quality and higher NPAs (non-performing assets). The profit after tax (PAT) was at Rs 886 crore, up 140 per cent year-on-year (YoY) but down 53 per cent quarter-on-quarter (QoQ).
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First Published: Mon, July 25 2022. 20:24 IST
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