Bandhan Bank's Q2FY24 Results A Miss, Brokerages Downgrade Stock After Weak Q2 Earnings | CNBC TV18

Shares of Bandhan Bank tumbled over 4% in today's opening trade after the private lender reported a miss on profitability due to sluggish net interest income (NII) growth and higher opex. The stock fell 2% intraday to hit a day's low of Rs 228.75 a share. At 11.14 am, the scrip was trading at Rs 228.50 on BSE, down 3.99% from its high of Rs 235.05. Bandhan Bank shares slumped 5% since the beginning of this year while Sensex rose 7% during the same period. Ekta Batra with the details. #bandhanbank #Q2FY24earnings #Q2FY24results #cnbctv18 #businessnews #businessnewstoday #businessnewsinenglish #sharemarkettoday Read web story: https://www.cnbctv18.com/market/bandh... 🔴CNBC TV18 LIVE TV: https://youtube.com/live/P857H4ej-MQ SUBSCRIBE to our Channel: https://bit.ly/3nvEcxf --------------------------------------------------------------------------------------------------------------------- 👑 Check Out Top CNBC TV18 Playlist Videos: 🔹CNBC TV18 Classic Interviews:    • CNBC-TV18 Classics   🔹CNBC TV18 Digital:    • CNBC-TV18 Digital   🔹CNBC TV18 Weekend Special:    • CNBC-TV18 Weekend Special   🔹CNBC TV18 Next-Gen:    • CNBCTV18 Next-Gen   🔹Overdrive Show:    • OVERDRIVE || CNBC TV18   🔹CNBC TV18 Newsreels:    • CNBC-TV18 Newsreel   🔹Young Turks:    • YOUNG TURKS - The Entrepreneurship Show   🔹Startup Streets:    • Startup Street   ------------------------------------------------------------------------------------ You can also connect with CNBC-TV18 News Online Catch the latest news: https://bit.ly/2YbpXBM Follow CNBC-TV18 round the clock: https://www.cnbctv18.com/live-tv/ Stay updated with all the market action in real time: https://www.cnbctv18.com/market-live/ You can also stay updated with all the latest news on-the-go with CNBC-TV18 Minis: https://www.cnbctv18.com/minis/ Like us on Facebook:   / cnbctv18india   Follow us on Twitter:   / cnbctv18news   Follow us on Instagram:   / cnbctv18india   Catch us on: Linkedin:   / cnbc-tv18   n18oc_business About CNBC-TV18: India's leading business news channel, CNBC-TV18 offers the most comprehensive coverage of businesses, the economy and the financial markets. Catch all your favourite shows, exclusive videos, big-ticket interviews and more here