Shares of Bandhan Bank Ltd increased by 0.17% to Rs 235.2 at 12:38 PM hours (IST) on Tuesday. The stock opened with a gap up start to the session. According to BSE data, the total traded quantity on the counter stood at 52,798 shares with a turnover of Rs 124.0 crore till 12:38 PM (IST). The stock’s price-to-earnings (P/E) multiple was 18.66, while the price-to-book value ratio stood at 1.61. The return on equity (ROE) was 11.2% based on exchange data. The stock’s intraday high was Rs 236.75 and the low was Rs 234.35 during the session. The 52-week high price was Rs 314.75 and the 52-week low was Rs 182.2. The stock’s beta value, which measures its volatility in relation to the broader market, was 1.26. Technical indicators show that the stock’s 200-day moving average (200-DMA) stood at Rs 232.36 and the 50-day moving average (50-DMA) was at Rs 228.49 on August 29. The stock’s Relative Strength Index (RSI) stood at 57.26. As of June 30, 2023, promoters held 39.99% stake in the company, while overseas investors held 33.53% and domestic institutional investors had 12.4%.