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VERIFIEDET Markets·negative
Bandhan Bank shares crash 10% after Q1 results, RoA guidance cut. Time to sell?
AI Summary
- ·Bandhan Bank shares fell 10% after Q1 results and a cut in RoA guidance.
- ·The bank reported a 35% year-on-year rise in Q1FY27 net profit.
- ·Motilal Oswal downgraded the stock to 'Neutral' due to margin and earnings pressure.