BANDHANBNK - IntraDay Trade Analysis with Live Signals
Back to ListHere’s the intraday trading report for BANDHANBNK based on the given parameters
IntraDay Trade Rating: 3.9
| Stock Code | BANDHANBNK | Market Cap | 34,516 Cr. | Current Price | 214 ₹ | High / Low | 218 ₹ |
| Stock P/E | 28.2 | Book Value | 157 ₹ | Dividend Yield | 0.70 % | ROCE | 6.41 % |
| ROE | 4.91 % | Face Value | 10.0 ₹ | DMA 50 | 194 ₹ | DMA 200 | 175 ₹ |
| Chg in FII Hold | -0.25 % | Chg in DII Hold | 3.57 % | PAT Qtr | 534 Cr. | PAT Prev Qtr | 206 Cr. |
| RSI | 62.1 | MACD | 5.18 | Volume | 49,94,603 | Avg Vol 1Wk | 1,11,88,335 |
| Low price | 134 ₹ | High price | 218 ₹ | PEG Ratio | -1.59 | Debt to equity | 7.15 |
| 52w Index | 95.2 % | Qtr Profit Var | 68.0 % | EPS | 7.60 ₹ | Industry PE | 15.4 |
📊 Analysis: BANDHANBNK is trading above both its 50 DMA (₹194) and 200 DMA (₹175), showing strong short-term support. RSI at 62.1 indicates bullish momentum, while MACD at 5.18 confirms positive divergence. Intraday volume (49.9 Lakh) is below the weekly average (111.8 Lakh), suggesting weaker participation today. Fundamentals show PAT growth (+68%) and EPS of ₹7.60, but ROE (4.91%) and ROCE (6.41%) remain weak compared to peers. High leverage (Debt-to-equity 7.15) adds risk despite strong price action.
💹 Optimal Buy Price: ₹210 – ₹214 (near support zone)
🎯 Profit Exit Levels: ₹218 – ₹224 (resistance zone)
🛑 Stop-Loss: ₹205 (below immediate support)
⏳ Exit Strategy if Holding: Exit intraday if RSI falls below 60 with rising sell volume or if price breaks under ₹205 with strong bearish candles. On the upside, partial profit booking is advised near ₹218–₹224 if momentum stalls.
✅ Positive
- Quarterly PAT surged to ₹534 Cr. from ₹206 Cr. (+68%).
- EPS at ₹7.60 supports earnings visibility.
- DII holdings increased (+3.57%), reflecting strong domestic institutional support.
- Trading above both 50 DMA and 200 DMA, showing technical strength.
⚠️ Limitation
- ROE (4.91%) and ROCE (6.41%) are weak compared to sector leaders.
- High debt-to-equity ratio (7.15) adds leverage risk.
- PEG ratio (-1.59) indicates valuation concerns.
- Intraday volume below weekly average, limiting momentum strength.
📉 Company Negative News
- FII holdings decreased (-0.25%), showing reduced foreign investor confidence.
📈 Company Positive News
- Quarterly PAT growth (+68%) highlights strong operational performance.
- DII inflows (+3.57%) strengthen investor sentiment.
🏭 Industry
- Banking sector trading at industry PE of 15.4, lower than BANDHANBNK’s P/E of 28.2.
- Sector remains stable, but valuations are stretched relative to peers.
🔎 Conclusion
BANDHANBNK is a good intraday candidate today. Entry near ₹210–₹214 offers upside potential toward ₹218–₹224. Strong price momentum and DII support favor bullish trades, but weak efficiency metrics and high leverage require disciplined stop-loss management.
Would you like me to extend this into a peer benchmarking overlay comparing BANDHANBNK with RBL Bank, IDFC First Bank, and Federal Bank for sharper sector clarity?