Bandhan Bank Surges 2.78% to Close at Rs 216.74; Board Okays Sale of Rs 304-Cr NPA Portfolio to ARCs

Mumbai, June 16: Shares of Bandhan Bank Limited (NSE: BANDHANBNK) closed 2.78% higher at Rs 216.74 on Tuesday, adding Rs 5.86 over the previous close of Rs 210.88, as the private sector lender extended the broader market rally triggered by the preliminary US-Iran ceasefire agreement and a sharp decline in crude oil prices. 

The stock opened at Rs 213.08, before slipping into negative territory through the morning session. BANDHANBNK touched an intraday low of Rs 207.50 around the late morning hours, as the stock came under selling pressure even as the broader Sensex and Nifty traded firmly in the green. The counter spent much of the first half of the trading day oscillating in a narrow Rs 207–Rs 211 band, well below its opening level and its previous close, reflecting stock-specific weakness that diverged from the prevailing market mood. 

The sharpest move of the session came after 13:30 IST, when BANDHANBNK staged a swift recovery, breaking above the Rs 210.88 previous-close line by around 14:00 IST and rallying steeply to touch the day’s high of Rs 218.13 by mid-afternoon. The stock held most of these gains into the close, settling at Rs 216.74 — just below its intraday peak — with the close print sitting well above the session’s VWAP of Rs 213.37, indicating that buying intensified meaningfully in the latter half of trade. The order book at close showed 100% buy-side positioning across 2,895 shares of total quantity, reinforcing the bullish tilt into the bell. 

Weekly Trend 

The one-week chart shows BANDHANBNK had been on a declining trajectory through the early part of last week, falling from approximately Rs 208 on June 9 to a weekly low of around Rs 195 on June 11, before staging a steady recovery through June 12 to Rs 206 and extending those gains into Monday’s close of Rs 216.74. Monday’s session therefore confirms a trend reversal, with the stock recovering all of its early-week losses and closing at its highest level across the five trading sessions from June 9 to June 15. 

Board Approves Sale of NPA Portfolio to ARCs 

Tuesday’s price action coincided with a regulatory disclosure made by Bandhan Bank after market hours. The bank said its board of directors has approved the proposal for sale of identified Non-Performing Assets (NPA) with more than 180 Days Past Due (DPD), pertaining to the Housing Finance Portfolio of the Bank, having principal outstanding amounting to Rs 303.74 crore as on May 31, 2026. 

In a regulatory filing made post market hours on Monday, June 15, 2026, the private sector lender informed exchanges that the sale would occur through a bidding process with Asset Reconstruction Companies (ARCs). The bank said it would go for bidding as per the Swiss Challenge method for sale of the aforesaid NPA portfolio. The disclosure was signed by Company Secretary Indranil Banerjee and filed with both the BSE (Scrip Code: 541153) and the NSE (Symbol: BANDHANBNK). 

Source:

• NSE India 
• https://www.nseindia.com/get-quote/equity/BANDHANBNK/Bandhan-Bank-Limited