Bandhan Bank Share Price Target
About Bandhan Bank :
Bandhan Bank Ltd. was incorporated in the year 2014. Its today’s share price is 306.75. Its current market capitalisation stands at Rs 49408.34 Cr. In the latest quarter, company has reported Gross Sales of Rs. 125242.12 Cr and Total Income of Rs.146332.72 Cr. The company’s management includes TS Raji Gain, Indranil Banerjee, Vijay N Bhatt, Suhail Chander, Subrata Dutta Gupta, Snehomoy Bhattacharya, Santanu Mukherjee, Ranodeb Roy, N V P Tendulkar, Holger Dirk Michaelis, Allamraju Subramanya Ramasastri, Chandra Shekhar Ghosh, Anup Kumar Sinha.
About Bandhan Bank Share :
- Market Capitalization of Bandhan Bank stock is Rs. 49,448.51 Cr.
- 52 Week high of Bandhan Bank share is Rs 430.7 while 52 week low is Rs 259.25.
Following are the key changes to Bandhan Bank shareholding. Promoter holding has not changed since last quarter , Domestic Institutional Investors holding has gone up from 1.97% (30 Jun 2021) to 2.5% (30 Sep 2021) and Foreign Institutional Investors holding has gone down from 35.44% (30 Jun 2021) to 33.61% (30 Sep 2021).
- Key metrics is a good way to quickly analyze a stock. PE Ratio of Bandhan Bank share is -26.02, Earnings per share of Bandhan Bank is Rs. -11.8, Market Cap of Bandhan Bank is Rs. 49,448.51 Cr and Price to Book ratio of Bandhan Bank stock is 2.73.
- Overall mean recommendation by analysts for Bandhan Bank is to Hold
Bandhan Bank Share Price Target 2021 Q4
- November 2021 – 310.15 Rs
- December 2021 – 313.20 Rs
Bandhan Bank share price target 2022
- 2022 Jan – 330.35 Rs
- 2022 Feb – 321.36 Rs
- 2022 Mar – 333.39 Rs
- 2022 Apr – 334.71 Rs
- 2022 May – 336.10 Rs
- 2022 Jun – 339.95 Rs
- 2022 Jul – 338.90 Rs
- 2022 Aug – 341.95 Rs
- 2022 Sep – 345.99 Rs
- 2022 Oct – 352.50 Rs
- 2022 Nov – 355.55 Rs
- 2022 Dec – 356.65 Rs
Bandhan Bank share price target 2023 – 394.25 Rs
Bandhan Bank share price target 2024 – 425.15 Rs
Bandhan Bank share price target 2025 – 496.50 Rs
Bandhan Bank share price target 2026 – 612.30 Rs
Bandhan Bank share price target 2027 – 765.35 Rs
Bandhan Bank share price target 2028 – 885.20 Rs
Bandhan Bank share price target 2029 – 1015.80 Rs
Bandhan Bank share price target 2030 – 1340.00 Rs
Bandhan bank share price target 2022
During the pandemic, Bandhan Bank’s business has seen a lot of difference in the business of the bank due to its focus on retail loans only. Retail loans mostly turned into NPAs as soon as the lockdown started. Its effect was seen in the share price along with the financial performance of the bank.
But gradually, as soon as the environment seems to be improving, accordingly there is a good jump in the growth of the bank as well. Management says that if the environment seems to be improving in the coming years, then by FY 2022, the company’s credit growth can be seen growing at a very good pace compared to the previous years.
In view of this growth in the coming days of the bank, Bandhan bank share price target is going to show you the first Rs 405 target in 2022. After this target, you can think of another target to hold for Rs.430.
Bandhan bank share price target 2023
Having a good Net Interest Margin in any bank is very important for the growth of the business. It is the job of the bank to give that money to the loan customer at maximum interest by keeping a deposit with him at low interest. The higher the margin, the more banks can earn good profits.
If you look at the Net Interest Margin of Bandhan bank, it looks very good with about 8.5 percent. However, from time to time, a little margin is seen going up and down, but most of the time only the seeds of this are visible. If you compare the rest of the private sector with the largest bank, then the Net Interest Margin of Bandhan bank is seen very strong.
That’s why Bandhan bank is also called the most profitable bank of India. In the coming years, Bandhan bank can show the first target of Rs 500 share price by 2023 with good business growth. After that you can look for Rs 540 to be the second target interest.
Bandhan bank share price target 2025
If we look at the business model of Bandhan Bank, the entire focus is towards retail loans. Banks give loans to the people of the village in small amounts with good interest rate, due to which the bank does not see the risk of more NPA.
Even if one or two people are not able to repay the loan, then due to the small amount of loan, the NPA in the business of Bandhan bank is not seen as much. Under this good business policy of the bank, there is every hope of showing good growth in the long run.
Gradually, many other banks are also seen focusing more and more towards retail loans. Because retail loans are much less risky than other corporate loans. Due to working with this business model, Bandhan bank share price target By 2025, you can get to see the first target of Rs 720. Then the second target is expected to show Rs 840.
Bandhan bank share price target 2030
As you look at Bandhan Bank for a long time, you are going to see a strong position. If you look at the CASA Ratio of the bank, then you get to see more than 45 percent. Which is very good as compared to other private banks. With this money, banks give loans to the customers at very high interest rates and are seen earning good profits.
Along with this, good growth is also being shown in loan collection, due to which NPA on Bandhan bank’s financials is going to be very less for a long time. In the long run also, if Bandhan bank is able to keep the NPA under control like this, then you are likely to see the share price trading around Rs 2100 with good growth.
Bandhan bank share Future
If seen from future point of view, the way Bandhan bank is showing growth with its new business model. With this, there can be full hope of showing good performance in the coming times as well.
Along with this, the government’s full support is also for the development of the SME sector. Due to which the SME sector will be seen taking loans to grow their small business in future. Bandhan bank can be seen taking maximum advantage of this sector easily due to distributing more and more loans in future.