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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.

17 sources

BCCL Falls on Q1 Loss; Volume Surges

Bharat Coking Coal Ltd posted a net loss of ₹68 crore in Q1 FY27 as revenue declined about 3-4% and off-take fell roughly 14%, triggering a share price slide of around 7-8% to the mid-₹30s with heavy trading volume. The company also began commercial operations of the 2 MTPA Bhojudih Coal Washery in May, while markets overall remained weak and the stock showed mixed near-term technical signals.

9 sources

ACME Solar Signs 300 MW SECI PPA

ACME Solar, through ACME Renewtech Fifth, signed a 25-year SECI PPA for a 300 MW ISTS-connected wind-solar hybrid project at tariffs around ₹3.25 per kWh, expanding its contracted portfolio to 6,870 MW of an 8,070 MW total. The company also pursuing solar-plus-storage deals, including a 1,200 MWh FDRE project at ₹6.28 per unit and a 200 MW solar project with 100 MWh BESS, contributing to an overall roughly 8.1 GW portfolio with multiple PPAs and storage integrations slated to start around 2027–2028.

10 sources

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Bandhan Bank shares plunge on RoA downgrade

BCCL Falls on Q1 Loss; Volume Surges

ACME Solar Signs 300 MW SECI PPA