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    Buy Bandhan Bank, target Rs 790: Manas Jaiswal

    Synopsis

    Buy Bandhan Bank Ltd. at a price target of Rs 790 and a stoploss at Rs 699 from entry point.

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    Manas Jaiswal of manasjaiswal.com has a buy call on Bandhan Bank Ltd. with a target price of Rs 790.0 . The current market price of Bandhan Bank Ltd. is Rs 729.25 Time period given by the analyst is Intra Day when Bandhan Bank Ltd. price can reach the defined target. Manas Jaiswal recommended to keep stoploss at Rs 699. Bandhan Bank Ltd., incorporated in 2014, has a market cap of Rs 86985.30 crore.

    Bandhan Bank Ltd. key Products/Revenue Segments include Interest & Discount on Advances & Bills which contributed Rs 3823.60 Crore to Sales Value (79.62 % of Total Sales), Income From Investment which contributed Rs 490.02 Crore to Sales Value (10.20 % of Total Sales), Interest which contributed Rs 347.06 Crore to Sales Value (7.22 % of Total Sales) and Interest On Balances with RBI and Other Inter-Bank Funds which contributed Rs 141.61 Crore to Sales Value (2.94 % of Total Sales)for the year ending 31-Mar-2018.

    The Bank has reported a Gross Non Performing Assets (Gross NPAs) of Rs .00 Crore (.00 % of total assets) and Net Non Performing Assets (Net NPAs) of Rs .00 Crore (.00% of total assets). For the quarter ended 30-06-2018, the company has reported a Standalone Interest Income of Rs 1298.05 Crore, up 10.14 % from last quarter Interest Income of Rs 1178.52 Crore and up 63.71 % from last year same quarter Interest Income of Rs 792.89 Crore. The bank has reported net profit after tax of Rs 481.71 Crore in latest quarter.
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    4 Comments on this Story

    shahbaz aamir728 days ago
    Nice call 🤣🤣🤣🤣🤣
    SHIVAJI THE728 days ago
    bakwaas calls...no rationale...no stop loss.....
    roysonmarvingoveas729 days ago
    What happened?
    The Economic Times