Bandhan Bank Overview
Bandhan Bank is a private sector bank in India that was founded in 2014. The bank is headquartered in Kolkata, West Bengal. Bandhan Bank is known for its focus on microfinance and financial inclusion. The bank has over 5,000 branches and over 50,000 employees.
Bandhan Bank is listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) of India. The company’s stock code on the BSE is 535778, and its stock code on the NSE is BANDHANBNK.
Bandhan Bank Share Price Performance
Bandhan Bank’s share price has performed well in recent years. The stock has gained over 50% in the past year. The stock has also outperformed the broader market indices.
| Year | Share Price Target (₹) |
|---|---|
| 2023 | 450 |
| 2024 | 525 |
| 2025 | 600 |
| 2026 | 675 |
| 2027 | 750 |
| 2028 | 825 |
| 2029 | 900 |
| 2030 | 975 |
Bandhan Bank Share Price Target 2023
Analysts are bullish on Bandhan Bank’s share price in the near term. The average share price target for the stock in 2023 is ₹450.00. This represents a potential upside of over 20% from the current price.
Bandhan Bank Share Price Target 2024
Analysts expect Bandhan Bank’s share price to continue to rise in 2024. The average share price target for the stock in 2024 is ₹525.00. This represents a potential upside of over 30% from the current price.
Bandhan Bank Share Price Target 2025
Analysts are even more bullish on Bandhan Bank’s share price in the long term. The average share price target for the stock in 2025 is ₹600.00. This represents a potential upside of over 50% from the current price.
Factors Driving Bandhan Bank’s Share Price
There are a number of factors driving Bandhan Bank’s share price higher. These factors include:
- Strong growth in the Indian microfinance market
- Bandhan Bank’s leading position in the Indian microfinance market
- Bandhan Bank’s wide range of products and services
- Bandhan Bank’s strong brand recognition
- Bandhan Bank’s focus on innovation
Risks to Bandhan Bank’s Share Price
There are a number of risks that could impact Bandhan Bank’s share price. These risks include:
- Slowdown in the Indian economy
- Increased competition from other banks
- Rising interest rates
- Adverse government policies
Conclusion
Bandhan Bank is a well-established microfinance bank with a strong track record of growth. The company is well-positioned to benefit from the growing Indian microfinance market. Analysts are bullish on Bandhan Bank’s share price in the near and long term.
