Bandhan Bank shares plunge on RoA downgrade

Bandhan Bank’s shares slid around 10-15% as the lender cut its FY27 exit return-on-assets guidance to 1.2-1.4% from 1.6-1.8%, citing external pressures such as tighter liquidity and higher opex. Despite a 1Q profit jump driven by lower provisions, investors focused on the downgraded RoA outlook and a possible lag in NIM recovery, with analytics noting mixed technical signals and ongoing weakness in near-term price action.