1 / 2

Bandhan Bank-A Bottom Fishing Opportunity for Long-term Investors

Currently, the stock is trading 18 percent lower than its average one-year forward valuation, while return ratios are likely to remain strong

parishah800
Download Presentation

Bandhan Bank-A Bottom Fishing Opportunity for Long-term Investors

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Bandhan Bank:A bottom fishing opportunity for long-term investors Currently the stock is trading 18 per cent lower than its average one-year forward valuation, while return ratios are likely to remain strong

  2. COMPANIES NEWS Concerns over the near-term impact of its merger with Gruh Finance and the pending promoter stake dilution among others, has weighed on investor sentiment for Bandhan Bank, which had a great listing in March last year. » With a fall of over 16 per cent in its share price in the last three months, Bandhan Bank has also under-performed the Nifty Bank index that fell by 9 per cent during the same period. The correction, however, has led to a sharp fall in the valuation of the bank’s stock. It currently trades at 3.6 times FY21 estimated book value, which is an 18 per cent discount Read Full Story → BANDHAN BANK

More Related