Bandhan Bank stock rises as the lender comes out of F&O ban

Bandhan Bank Share Price: Bandhan Bank rose over two per cent on BSE on Tuesday (May 28, 2024) as the lender came out of F&O ban today. 

The stock that closed at Rs 189.05 a day ago raced to Tuesday's high of Rs 193.40, a 2.30 per cent jump from the previous close. 

Bandhan Bank shares closed the trading session higher by 0.66 per cent, or Rs 1.25, at Rs 190.30 each on Tuesday.

Bandhan Bank, PNB, Biocon, Hindustan Copper, Vodafone Idea, National Aluminium Limited, Gujarat Narmada Valley Fertilizers & Chemicals, India Cements, and Piramal Enterprises were among the nine stocks on the NSE's F&O ban list.

Bandhan Bank reported its fourth-quarter results last week, reporting a loss in its profit after tax quarter-on-quarter.

Bandhan Bank share performance 

Bandhan Bank shares have been going through a poor patch. Despite their rise of 3.48 per cent in the last one month, they have slid by 22.04 per cent year-to-date, are down by 14.39 per cent in the last six months and a 27.90 per cent down in the one-year period.