Bandhan Bank shares jumped by 9% amid rumors about a stake acquisition. However, the bank clarified that it is unaware of any such development and has not received any related communication. This rise in share price comes alongside the bank's strong financial performance in the first quarter of the financial year 2026-27.
- Bandhan Bank's net profit grew 35% year-on-year to ₹501.66 crore in Q1 FY27.
- Interest income increased by 2.8% to ₹5,630.55 crore in the same period.
- Provisions for bad loans declined by 40%, indicating better asset quality.
- Gross non-performing assets (NPA) percentage dropped from 4.96% to 3.15% year-on-year.
- Shares have risen 18.7% since the start of the year despite recent fluctuations.
What caused Bandhan Bank shares to jump 9%?
The 9% increase in Bandhan Bank shares was triggered by rumors about a stake acquisition in the bank. Such news often influences investor sentiment, leading to changes in stock prices. However, Bandhan Bank officially denied any knowledge of these developments, stating that it had not received any communication regarding a stake acquisition. The bank also mentioned that there was no material impact from the news on its operations or financials.
How did Bandhan Bank perform financially in Q1 FY27?
Bandhan Bank reported a strong financial performance in the April to June quarter of the financial year 2026-27. The net profit after tax (PAT) rose by 35% year-on-year, reaching ₹501.66 crore compared to ₹371.96 crore in the same quarter the previous year. This growth was supported by an increase in interest income, which went up by 2.8% to ₹5,630.55 crore.
What changes occurred in Bandhan Bank’s asset quality?
The bank’s asset quality improved significantly during the quarter. Provisions for bad loans decreased by 40% year-on-year, falling to ₹682.58 crore from ₹1,146.90 crore. This reduction suggests that the bank expects fewer non-performing assets (NPAs) in the future. Additionally, the gross NPA percentage dropped by 181 basis points to 3.15%, compared to 4.96% in the same quarter last year. Lower NPAs indicate better loan recovery and financial health.
How have Bandhan Bank shares performed recently?
Bandhan Bank shares have shown notable movements over the past months. Since the beginning of the year, the shares have increased by 18.7%. However, over the last month, the stock experienced a slight decline of 1%, while it gained 2% over the past six months. The shares reached a 52-week high of ₹220.76 on July 15, 2026, and a 52-week low of ₹134.25 on December 9, 2026. As of October 13, 2026, the market capitalization of Bandhan Bank stood at ₹27,449.12 crore.
What is the current trading status of Bandhan Bank shares?
On October 13, 2026, at 2:40 PM, Bandhan Bank shares were trading at ₹170.29 each on the National Stock Exchange, reflecting an 8.12% gain. This trading activity aligns with the overall positive sentiment generated by the bank's financial results and the rumors of stake acquisition, despite the bank’s denial of such developments.
