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Bandhan Bank shares surge 12% to reclaim Rs 200 as Q4 beats estimates

Business
Published on 29 April 2026
Bandhan Bank shares surge 12% to reclaim Rs 200 as Q4 beats estimates

Q4 results flipped sentiment with NII gains investors missed

Bandhan Bank shares jumped more than 12% on Wednesday, rallying to an intraday high near Rs 200.89 and reclaiming the Rs 200 psychological level. The move followed strong March-quarter performance, including improved asset quality and credit growth, as the lender beat market expectations on net interest income and profitability—sparking a bullish short-covering surge.

  • Bandhan Bank stock rose over 12% to reclaim Rs 200
  • March-quarter performance improved asset quality and credit growth
  • Results beat street estimates on NII and profitability
  • Short-covering rally boosted investor sentiment fast
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This summarization was done by Beige for a story published on RepublicRepublic

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