Bandhan Bank Shares Tumble 15% Post Q1 Results

Bandhan Bank Shares Tumble 15% Post Q1 Results

Bandhan Bank's shares have tumbled 15% post Q1 results, despite the company registering healthy growth in the April to June quarter earnings. The company's management has provided conservative guidance and margin concerns have led to the stock's decline. The company's net profit rose 25% year-on-year to ₹177.50 crore in the April to June quarter. However, the company's management has provided conservative guidance and margin concerns have led to the stock's decline. The company's shares have been under pressure due to concerns over the company's ability to maintain its growth trajectory. The company's management has assured investors that the company is on track to meet its growth targets.