Bandhan Bank shares hit 10% upper circuit as target prices rise after Q1 beat
Shares of private sector lender Bandhan Bank on Monday jumped 10% to hit upper circuit limit of Rs 211.65 on the BSE after reporting a healthy 45% year-on-year (YoY) earnings growth, led by 25% YoY operating profit growth and 15% YoY decline in provisions. Following the beat, ICICI Securities upgraded the stock to βaddβ rating…
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