FAB stake report lifts Bandhan Bank ahead of results
Bandhan Bank shares gained nearly 4% after reports that First Abu Dhabi Bank was exploring a potential 51% majority stake. The move came ahead of 28 October results, while derivatives data showed long build-up despite recent share-price weakness.
after close1 source ↓machine-written, see hownot a recommendation
- BANDHANBNK close
- ₹150.86
- On the day
- +0.65%
- Futures OI, long build-up
- +3.2%
- Put-call ratio
- 0.57
- Max pain
- ₹175.00
Bandhan Bank shares rose as much as 3.97% to ₹157 on the BSE on 27 Oct 2026 after reports that First Abu Dhabi Bank was exploring a potential stake acquisition in the Indian private-sector lender. The stock was trading 2.7% higher at ₹155.10 when the report was published, valuing the bank at around ₹24,989 cr. The move came one day before the bank’s September-quarter results, scheduled for 28 Oct 2026. 💼
The report, cited by Fortune India from a Moneycontrol report, said senior management from the UAE-based bank had held discussions with Bandhan Bank and another Kerala-based lender. FAB was reportedly considering a 51% majority stake, although no transaction had been announced or confirmed. The possibility of a strategic investor matters because a majority acquisition could alter ownership, capital support and the bank’s growth strategy, subject to regulatory approvals and definitive terms. ⚖️
OI Charts data for the 26 Oct 2026 close showed the shares at ₹150.86, up 0.65% on the day, with volume of 10,241,856 shares. Futures open interest increased 3.2% and showed a long build-up, while the futures premium stood at 0.32%. However, the stock had fallen 5.2% over one session, 10.5% over five sessions and 18.3% over 20 sessions, leaving it 31.7% below its 52-week high of ₹220.76 recorded on 15 Jul 2026. The 52-week low was ₹134.25 on 9 Dec 2025. 📉
The immediate market focus is the 28 Oct results, which will provide a fresh read on asset quality, loan growth and profitability. In the derivatives market, the put-call ratio was 0.57. For the 27 Oct expiry, max pain was ₹175, with the largest call open interest at ₹190 and the largest put open interest at ₹180. These levels identify the near-term positioning range, but the reported stake discussions and the earnings numbers remain the key catalysts. The report did not disclose a proposed valuation, stake price or transaction timeline.
Source: Fortune India, 27 Oct 2026
Not investment advice. For informational purposes only.