On the NSE, shares of the company ended at Rs 185.10 each, down 6.20 per cent. During the day, it tanked by 9.17 per cent to Rs 179.25.

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By Mary Apartment

June 29, 2020

Stock of Bandhan Bank on 8th April ended over 6 percent lower after the bank said its founder

managing director and CEO Chandra Shekhar Ghosh has decided to step down on the completion of his tenure.

Monday after founder and chief executive, Chandra Shekhar Ghosh, announced a voluntary exit despite a board nod to continue in the top job. Read more at: https://economictimes.indiatimes.com/markets/stocks/news/bandhan-bank-tanks-over-6-after-ceo-ghosh-steps-down/articleshow/109147773.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

The stock slid 6.21% to ₹185.1 on the NSE on Monday and has declined 24.17% so far in 2024.

The stock slid 6.21% to ₹185.1 on the NSE on Monday and has declined 24.17% so far in 2024.

The private lender had recently reported loan growth of 17.8 per cent YoY and deposit growth of 25.1 per cent YoY for the March quarter.

The stock declined by 6.31 per cent and settled at Rs 184.95 apiece on the BSE. On 8th April, it dropped by 9 percent to Rs 179.55.

We believe the stock price ahead could tread divergently vs underlying business or financial performance until more