Since its establishment in 2014, BANDHAN Bank, a private sector bank with offices in Kolkata, has caused a stir in the Indian financial sector. The bank has been able to carve out a space for itself in the very competitive banking industry thanks to its commitment to assist the underbanked and underserved people of the nation. Industry professionals and investors have praised BANDHAN Bank’s dedication to microfinance and its cutting-edge banking solutions.
If you’re considering making an investment in BANDHAN Bank, you presumably have questions regarding the bank’s potential for future growth and share price targets. In this post, we’ll examine BANDHAN Bank’s recent results in greater detail and attempt to predict its development trajectory going forward.
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BANDHAN BANK IN RECENT NEWS
- Despite the fall in Sensex, Bandhan Bank’s shares experience a 2.81% increase.
- Bandhan Bank expands its network with the addition of 50 new branches.
BANDHAN BANK SHARE PRICE TARGET 2023
|BANDHAN BANK SHARE PRICE TARGET 2023||Maximum Price||Minimum Price|
The maximum price target for the year was ₹365.11, which occurred in December 2023, while the minimum price target was ₹143.92, which occurred in May 2023. The share price experienced a fair amount of volatility throughout the year, with fluctuations occurring in several months. However, the overall trend appears to be upward, with the share price steadily increasing from March 2023 onwards. This information can be useful for investors who are considering investing in BANDHAN Bank and want to make informed investment decisions.
BANDHAN BANK SHARE PRICE TARGET 2024
|BANDHAN BANK SHARE PRICE TARGET 2024||Maximum Price||Minimum Price|
The share price starts at a relatively high level in January 2024, with a maximum price of ₹1,037.03, before dropping sharply in February to a minimum price of ₹359.85. The share price then sees some recovery in March before dropping again in April and May. However, the share price bounces back in June and July before stabilizing towards the end of the year. Overall, the maximum share price target for BANDHAN Bank in 2024 is ₹1,037.03, while the minimum share price target is ₹264.89. It is important to note that stock prices are subject to various market factors, and these projections may not necessarily reflect the actual performance of the stock.
BANDHAN BANK SHARE PRICE TARGET 2025
|BANDHAN BANK SHARE PRICE TARGET 2025||Maximum Price||Minimum Price|
The share price starts the year at a relatively high level with a maximum price of ₹511.17 in December 2024, and continues to rise gradually throughout the first half of the year. The share price then experiences a slight dip in July before bouncing back and stabilizing towards the end of the year. The maximum share price target for BANDHAN Bank in 2025 is ₹620.05, while the minimum share price target is ₹264.89. It is important to keep in mind that stock prices are affected by various market factors, and these projections may not necessarily reflect the actual performance of the stock.
BANDHAN BANK SHARE PRICE TARGET 2026 TO 2030
|BANDHAN BANK SHARE PRICE TARGET BY||Maximum Price||Minimum Price|
The share price is expected to start at a relatively high level in 2026, with a maximum price of ₹434.04 and a minimum price of ₹303.83. In 2027, the share price is expected to decrease, with a maximum price of ₹368.93 and a minimum price of ₹258.25. However, the share price is expected to rebound in 2028, with a maximum price of ₹664.08 and a minimum price of ₹464.85. The share price is then expected to continue increasing in 2029 and 2030, with a maximum price of ₹1,364.12 and ₹1,519.13 respectively, and a minimum price of ₹954.88 and ₹1,063.39 respectively. It is important to note that stock prices are subject to various market factors, and these projections may not necessarily reflect the actual performance of the stock.
FINANCIAL STRENGTH OF BANDHAN BANK (2018 TO 2022)
|ANNUAL||FY 2022||FY 2021||FY 2020||FY 2019||FY 2018|
|Total Income Growth (%)||14.08||17.68||61.36||39.90||27.51|
|Provisions & Contingencies||7,887.61||4,649.80||2,422.83||1,796.68||1,084.55|
|Provisions & Contingencies Growth (%)||69.63||91.92||34.85||65.66||59.27|
|Profit after Tax (PAT)||125.79||2,205.46||3,023.74||1,951.50||1,345.56|
|PAT Growth (%)||-94.30||-27.06||54.94||45.03||21.01|
|Net Interest Margin (%)||6.27||6.57||6.89||7.96||6.84|
|Net Profit Margin (%)||0.90||17.60||27.77||29.37||28.01|
|Basic EPS (₹)||0.78||13.70||18.78||16.36||12.26|
Bandhan Bank’s financial statement for the last five years shows impressive growth in total income, with a growth rate ranging from 14.08% to 61.36%. However, the provisions and contingencies have also grown at a substantial rate ranging from 34.85% to 91.92%, which resulted in lower profit after tax (PAT) in FY 2022, at just ₹125.79 crores. The PAT growth rate has been negative, with a drop of 94.30%, compared to the previous fiscal year. The net interest margin (NIM) has seen a downward trend, decreasing from 7.96% in FY 2019 to 6.27% in FY 2022. The company’s net profit margin (NPM) has been consistent, ranging from 27.77% to 28.01% over the past five years. Bandhan Bank’s basic EPS has been maximum in FY 2020, with ₹18.78, and minimum in FY 2022, with just ₹0.78. Overall, while the company’s revenue growth has been impressive, the provisions and contingencies’ growth and decline in PAT need to be addressed to ensure sustainable profitability in the long run.
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What is the maximum share price target of Bandhan Bank in 2026?
The maximum share price target of Bandhan Bank in 2026 is Rs. 434.04
What is the maximum share price target of Bandhan Bank in 2027?
The maximum share price target of Bandhan Bank in 2027 is Rs. 368.93
What is the maximum share price target of Bandhan Bank in 2028?
The maximum share price target of Bandhan Bank in 2028 is Rs. 664.08
What is the maximum share price target of Bandhan Bank in 2029?
The maximum share price target of Bandhan Bank in 2029 is Rs. 1364.12
What is the maximum share price target of Bandhan Bank in 2030?
The maximum share price target of Bandhan Bank in 2030 is Rs. 1519.13
CONCLUSION: BANDHAN BANK SHARE PRICE TARGET
According to Bandhan Bank’s financial statements over the previous five years, its total income, revenue, and profit have all increased significantly. The bank has continuously reported increasing net interest margin and revenue. The bank’s provisions and contingencies, on the other hand, have grown dramatically, which has caused a decline in profit after tax (PAT) in FY 2022. Also, throughout the last five years, the PAT growth rate has fluctuated. It is advised that prospective investors conduct their due research before purchasing shares in Bandhan Bank in light of all of these issues. Although the bank has previously seen encouraging growth, the unstable PAT growth rate and significant provisions and contingencies should be carefully watched.