India, March 16 -- This Private Sector Bank Stock, engaged in providing comprehensive banking services including deposits, loans, microfinance, insurance, and digital solutions to retail, MSME, and corporate customers across India, crashed 12.22 percent after the company's promoter explores stake sale or IPO to provide exits for long-term investors.
With a market capitalization of Rs. 25,839.98 crores, the share of Bandhan Bank Limited has reached an intraday low of Rs. 154.15 per equity share, down nearly 12.22 percent from its previous day's close price of Rs. 175.60. Since then, the stock has retreated and is currently trading at Rs. 160.40 per equity share.
Reason Behind the Fall
Bandhan Bank Limited fell 12.22 percent after report...
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