Bandhan Bank's Big Fall

Bandhan Bank's share price plummeted 9% after MD & CEO Chandra Shekhar Ghosh announced his retirement effective July 9, 2024.

Source: Livemint

CEO's Departure Impact

The resignation of CEO Ghosh led to Bandhan Bank's shares diving to ₹179.55, as concerns over leadership transition emerged.

Source:Livemint

F&O Ban Impact

Amidst volatility, Bandhan Bank shares enter the F&O ban list, restricting new positions in futures and options trading.

Source:Livemint

2024's Steep Decline

Bandhan Bank shares have dropped over 18% in 2024, underperforming against the Bank Nifty index and Nifty 50.

Source:Livemint

Current Trading Status

As of 11:26 am, Bandhan Bank's shares trade 4.59% lower at ₹188.30 on the NSE, reflecting ongoing market reactions.

Source:Livemint