Risk factor
Good trading liquidity
Profitability factor
Overvalued vs peers
About
Bandhan Bank Limited provides commercial banking services in India. It operates through Treasury, Retail Banking, Corporate/Wholesale Banking, and Other Banking Business segments. The company accepts fixed and recurring deposits; and offers savings, current, and corporate salary accounts. It also provides home, gold, personal, two-wheeler, and car loans; loans against property and term deposits; and loans for small, medium, and large businesses. In addition, the company invests in sovereign securities; offers liability products, card services, internet and mobile banking, ATM, trading, and NRI services; and distributes third party products. Further, it provides mutual fund, money transfer, bill payment and recharge, debit and credit card, safe deposit locker, remittance, and transaction banking services, as well as health, life, home, travel, and car insurance products. As of March 31, 2022, the company operated 1,189 branches, 4,450 banking units, and 471 ATMs. Bandhan Bank Limited was incorporated in 2014 and is headquartered in Kolkata, India.
Company Valuation
From both historical and forecast perspectives, the stock is overpriced compared to similar stocks. In particular, the stock is overpriced on P/E. Editor's note: P/CR i
Target Price
The average target price of BANDHANBNK.NS is 185 and suggests 11% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recomme
