BANDHANBNK - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.1
| Stock Code | BANDHANBNK | Market Cap | 25,471 Cr. | Current Price | 158 ₹ | High / Low | 192 ₹ |
| Stock P/E | 25.3 | Book Value | 153 ₹ | Dividend Yield | 0.95 % | ROCE | 7.82 % |
| ROE | 11.9 % | Face Value | 10.0 ₹ | DMA 50 | 165 ₹ | DMA 200 | 162 ₹ |
| Chg in FII Hold | -1.12 % | Chg in DII Hold | 0.94 % | PAT Qtr | 206 Cr. | PAT Prev Qtr | 112 Cr. |
| RSI | 39.3 | MACD | -0.15 | Volume | 99,64,648 | Avg Vol 1Wk | 1,52,96,808 |
| Low price | 134 ₹ | High price | 192 ₹ | PEG Ratio | 0.14 | Debt to equity | 6.76 |
| 52w Index | 40.9 % | Qtr Profit Var | -51.8 % | EPS | 6.25 ₹ | Industry PE | 14.3 |
📊 Analysis: BANDHANBNK trades at ₹158, below both 50 DMA (₹165) and 200 DMA (₹162), showing weak momentum. RSI at 39.3 indicates mildly oversold conditions, while MACD (-0.15) is negative, confirming bearish sentiment. Intraday volume (99,64,648) is lower than the weekly average (1,52,96,808), suggesting reduced trader participation. The stock shows limited intraday potential today, though short-term recovery trades may emerge if volume improves.
💡 Optimal Buy Price: ₹155–₹158 if price stabilizes with volume support.
🎯 Profit Exit Levels: ₹165 (near-term resistance), ₹170 (upper resistance zone).
🛡️ Stop-Loss: ₹150 to protect against downside risk.
⏱️ If Already Holding: Consider exiting near ₹165–₹170 if momentum fails to strengthen. If price breaks below ₹150 with volume, exit immediately to avoid deeper losses.
Positive
- Quarterly PAT improved to ₹206 Cr. from ₹112 Cr., showing earnings recovery.
- DII holdings increased (+0.94%), reflecting domestic institutional support.
- Dividend yield of 0.95% provides shareholder return.
- PEG ratio (0.14) suggests undervaluation relative to growth potential.
Limitation
- Stock trading below both 50 DMA and 200 DMA, showing weak momentum.
- RSI near oversold levels but no strong reversal signal yet.
- High debt-to-equity ratio (6.76) adds leverage risk typical of banks.
- ROCE (7.82%) and ROE (11.9%) are modest compared to peers.
Company Negative News
- FII holdings decreased (-1.12%), showing reduced foreign investor confidence.
- Quarterly profit variation (-51.8%) highlights earnings volatility.
Company Positive News
- DII buying increased, supporting price stability.
- Quarterly PAT recovery highlights operational improvement.
- Dividend yield provides consistent shareholder return.
Industry
- Banking sector remains cyclical but benefits from credit demand.
- Industry PE at 14.3 is lower than BANDHANBNK’s PE (25.3), showing premium valuation.
Conclusion
⚠️ BANDHANBNK is not a strong intraday candidate today due to weak momentum, reduced volumes, and bearish indicators. Traders should only consider entry if price stabilizes near ₹155–₹158 with volume confirmation. Profit targets lie around ₹165–₹170, but risk of downside remains high. Long-term investors may still find value in its dividend yield and PAT recovery, but intraday traders should remain cautious.