In this article, you will find the details of Bandhan Bank Share Price History. Additionally, we will provide important fundamental details about Bandhan Bank Shares.
Bandhan Bank Share Price History
| Year | Bandhan Bank | YOY Change% |
|---|---|---|
| 2018 | ₹550.15 | – |
| 2019 | ₹508.25 | -7.7% |
| 2020 | ₹402.25 | -20.9% |
| 2021 | ₹252.70 | -37.2% |
| 2022 | ₹234.20 | -7.4% |
| 2023 | ₹217.85 | -7% |
In the financial world, Bandhan Bank’s journey over the past few years has seen significant fluctuations. Starting in 2018 with a share price of ₹550.15, the bank exhibited resilience amid a series of ups and downs.
However, in 2019, the stock price faced a 7.7% decline, reflecting the challenges encountered in the banking sector. The following year, in 2020, the bank’s share price experienced a more substantial decrease of 20.9%, mirroring the broader economic uncertainties.
Despite these setbacks, Bandhan Bank continued to navigate the financial landscape. In 2021, the stock witnessed a significant drop of 37.2%, showcasing the impact of external factors on the banking industry.
Nevertheless, in 2022, there was a slight recovery, with the stock price declining by a more modest 7.4%. As of 2023, the bank’s share price stands at ₹217.85, indicating a 7% decrease from the previous year. This journey reflects the bank’s ability to weather challenges, adapt to market conditions, and persist in its mission to serve its customers and shareholders.
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About Bandhan Bank
Bandhan Bank is a prominent player in the Indian banking sector, known for its focus on financial inclusion and microfinance. Established in 2015, the bank has rapidly expanded its reach, offering a wide range of banking and financial services to customers nationwide.
With a strong emphasis on serving underprivileged and rural communities, Bandhan Bank has recreated an essential role in delivering access to economic resources for those who were previously underserved.
The bank’s unique business model combines traditional banking with microfinance operations, making it a pioneer in bridging the financial divide in India.
Bandhan Bank has been committed to empowering individuals and businesses, particularly in rural and semi-urban areas, by offering them a platform to save, invest, and access credit facilities.
This commitment to financial inclusion, coupled with its steady growth and innovative approach, has positioned Bandhan Bank as a notable player in the Indian banking landscape, contributing to the nation’s economic development and the well-being of its citizens.
Bandhan Bank’s journey is marked by a remarkable rise in the Indian banking industry, driven by its dedication to financial inclusion and microfinance. The bank’s unique approach has not only expanded its customer base but also created a positive effect on the energies of numerous people and small enterprises.
With a focus on serving the unbanked and underserved, Bandhan Bank continues to play a crucial role in enhancing financial literacy, promoting economic growth, and fostering financial independence among the masses.
Fundamentals of Bandhan Bank
Here are some primary fundamental data about Bandhan Bank (until 2023):
Market Capitalization (Market Cap): At ₹35,093 Crores, the market capitalization mirrors the whole market value of the company’s outstanding shares. It’s a vital indicator of the company’s size and its position in the market.
Stock Price-to-Earnings (P/E) Ratio: With a P/E ratio of 13.8, the company’s stock trades at 13.8 times its earnings per share (EPS). This ratio helps evaluate the stock’s valuation and growth potential.
Book Value: The book value of ₹122 per share represents the net asset value of the company per share. It’s an essential metric for assessing the stock’s intrinsic value.
Dividend Yield: The company offers a dividend yield of 0.69%, which indicates the annual dividend income investors can expect to receive relative to the stock’s current price. It’s a measure of the return on investment through dividends.
Return on Capital Employed (ROCE): The company’s ROCE stands at 6.67%, which reflects its efficiency in generating profits from the capital it employs. A higher ROCE indicates effective capital utilization.
Return on Equity (ROE): With an ROE of 11.9%, the company generates returns for its shareholders. ROE measures the company’s profitability of its shareholders’ equity.
Debt to Equity Ratio: The company’s debt to equity ratio is 6.78, which signifies the proportion of debt used to finance its operations compared to shareholders’ equity. A lower ratio may indicate a lower financial risk.
(Disclaimer: The information is presented ‘as is’ and is intended solely for educational and informational purposes, not for trading decisions or professional advice. We strongly advise conducting your own thorough research before making any investment.)
Questions and Answers about Bandhan Bank
What was the Bandhan Bank share price in 2018?
Bandhan Bank share price in 2018 was ₹550.15.
What was the Bandhan Bank share price in 2020?
Bandhan Bank share price in 2020 was ₹402.25.
What is the Bandhan Bank share price in 2023?
Bandhan Bank share price in 2023 is ₹217.85.
What is Bandhan Bank?
Bandhan Bank is a leading banking institution in India that focuses on financial inclusion and microfinance. It provides a wide range of banking and financial services and is firmly committed to serving underprivileged and rural communities.
When was Bandhan Bank established?
Bandhan Bank was established in 2015. Since then, it has rapidly expanded its presence and offerings in the Indian banking sector.