Bandhan Bank Hits 52-Week Low Amidst Significant Stock Decline and Market Challenges

Jan 13 2025 09:37 AM IST
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Bandhan Bank's stock has reached a new 52-week low, reflecting a broader decline with a 7.74% drop over four consecutive days. The bank has experienced a significant one-year decline of 37.81%, contrasting with the Sensex's gain, and is trading below multiple moving averages, indicating ongoing challenges.
Bandhan Bank has recently reached a new 52-week low, with its stock price falling to Rs. 142.1 on January 13, 2025. This decline is part of a broader trend, as the stock has seen a consecutive drop over the past four days, totaling a decrease of 7.74%.

In terms of overall performance, Bandhan Bank has struggled significantly, with a one-year decline of 37.81%, contrasting sharply with the Sensex, which has gained 5.86% during the same period. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, further indicating a bearish trend in its market position. Investors are closely watching these developments as the bank navigates through these challenging conditions.
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