English
Specials
    Go Ad-Free
    My Alerts
    Moneycontrol
    Moneycontrol PRO
    HomeNewsBusinessMoneycontrol ResearchIs the worst over for Bandhan Bank?

    Is the worst over for Bandhan Bank?

    Though Q3 earnings were muted, the same is set to improve in FY24; however, the stock may not see a big rally

    Neha Dave
    January 23, 2023 / 17:42 IST
    Bandhan Bank | CMP: Rs 248.25 | The stock jumped over 4 percent after global research firms gave the 'buy' rating on the stock with up to 42 percent upside. The lender's non-performing assets improved. Gross non-performing assets (GNPAs) fell 26.23 percent to Rs 6,964.76 crore as against Rs 9,441.57 crore logged in the same quarter of the previous year. CLSA has a 'buy' call on the stock with target at Rs 320 per share. The brokerage firm is of the view that NII missed estimates and overall performance was muted while SMA book and un-provided stress were down.
    • PRO Panorama

      Moneycontrol Pro Panorama | Gold or Bitcoin: Which has a more compelling story?

      Oct 10, 2025 / 03:07 PM IST

      In Moneycontrol Pro Panorama October 10 edition: Why World Bank wants South Asia to cut tariffs, market move a breakout, breakdown...

      Read Now
    • PRO Weekender

      Moneycontrol Pro Weekender | India Earnings Season: Why Q2 doesn't matter, and the rusty nail of US tariffs

      Oct 11, 2025 / 10:00 AM IST

      The September quarter results may be largely irrelevant--sandwiched between export front-loading before Trump's tariff deadline an...

      Read Now
    Unlock This Article

    Are you a PRO subscriber? Sign In

    What Do You Get

    • Ad free Experience

      Seamless navigation, faster responses.

    • Expert Perspective

      Explore 230+ exclusive editorials every month

    • +

      Uncover Insights from World-Renowned Experts and Journalists

    • Actionable Insights

      40+ weekly investment ideas + 3 to 4 daily technical calls

    • Virtual Events

      Exclusive Live Webinars for Expert Trading & Investment Strategies!

    • Newsletters

      Stay ahead with daily and weekly insights

    View Offers

    Unlock exclusive discounts

    Disclosure & Disclaimer

    This Research Report / Research Recommendation has been published by Moneycontrol Dot Com India Limited (hereinafter referred to as “MCD”) which is a registered Investment Advisor under the Securities and Exchange Board of India (Investment Advisers) ...Read More