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VERIFIEDET Stocks·negative
Bandhan Bank shares crash 15% after Q1 results; lender cuts RoA guidance. Should you buy, sell or hold?
AI Summary
- ·Bandhan Bank shares fell sharply on Wednesday.
- ·The lender cut its RoA guidance, overshadowing a 35% year-on-year rise in Q1FY27 net profit.
- ·Motilal Oswal downgraded the stock to 'Neutral' and lowered FY27 and FY28 earnings estimates.