Bandhan Bank jumps 6%: Why Motilal Oswal predicts 23% upside – What it means for investors
Bandhan Bank's share price rose by 6% in intraday trade, leading Motilal Oswal to reaffirm a 'Buy' rating and set a target price of Rs 175 with a 23% potential upside. The brokerage is optimistic about the bank's long NPA cycle and its effect on growth and profitability.