Bandhan Bank shares crash 15% after Q1 results; lender cuts RoA guidance. Should you buy, sell or hold?
Bandhan Bank shares fell sharply on Wednesday after the lender cut its RoA guidance, overshadowing a 35% year-on-year rise in Q1FY27 net profit. Motilal Oswal downgraded the stock to 'Neutral', citing pressure on margins and earnings. The brokerage also lowered its FY27 and FY28 earnings estimates despite lower provisioning supporting quarterly profit.