Archive · 22 Jul 2026
Bandhan Bank shares fall after Q1 results
Bandhan Bank's shares dropped by 14% after their quarterly results showed lower profits due to higher costs and expenses.
The bank also lowered its expected return on assets for the next few years.
Different experts have different opinions on the bank's future.
Some think it will take longer to recover, while others believe it will improve over time.
The stock prices that experts predict for the bank vary widely, from Rs 130 to Rs 260.
Bandhan Bank shares fell 14% after Q1 results due to higher costs and lowered FY27 RoA guidance.
Brokerages have mixed views on the stock, with targets ranging from Rs 130 to Rs 260.
JM Financial expects slower earnings recovery due to margin and operating leverage delays.
Jefferies raised its target to Rs 240, citing MFI recovery and normalizing credit costs.
SBI Securities called the results healthy, noting stable margins and improving credit costs.
- Who
- Bandhan Bank Ltd
- What
- Shares fell 14% after Q1 results
- When
- Wednesday's trade
- Where
- BSE (Bombay Stock Exchange)
- Why
- Higher staff costs, provisions, and lowered FY27 RoA guidance
Negative Outlook
Positive Outlook
Earnings Recovery
Negative Outlook
Earnings recovery is likely to be slower than anticipated due to margin expansion and operating leverage benefits being pushed out.
Positive Outlook
MFI recovery and normalizing credit cost story remains on track with improving long-term risk-adjusted returns.
Stock Targets
Negative Outlook
Macquarie retained the lowest target price of Rs 130, while Anand Rathi and Ambit Capital maintained 'Sell' ratings with targets of Rs 146 and Rs 150, respectively.
Positive Outlook
Ashika Stock Broking assigned the highest target of Rs 260, and Jefferies raised its target price to Rs 240 from Rs 215.
- Stock Price Drop
- 14.3%
- Lowest Target Price
- Rs 130 (Macquarie)
- Highest Target Price
- Rs 260 (Ashika Stock Broking)
- FY27 RoA Guidance
- 1.2-1.4% (revised down from 1.6-1.8%)
- Brokerage Ratings
- Mixed (Buy, Accumulate, Neutral, Sell)