SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Central Bank of India gains on plan to divest stake in CBHFL

12 Nov 2014 Evaluate

Central Bank of India is currently trading at Rs. 74.30, up by 0.50 points or 0.68% from its previous closing of Rs. 73.80 on the BSE.

The scrip opened at Rs. 74.30 and has touched a high and low of Rs. 74.65 and Rs. 73.60 respectively. So far 1,06,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 88.85 on 09-Jun-2014 and a 52 week low of Rs. 43.05 on 24-Feb-2014.

Last one week high and low of the scrip stood at Rs. 74.75 and Rs. 70.00 respectively. The current market cap of the company is Rs. 10,561.00 crore.

The promoters holding in the company stood at 84.20% while Institutions and Non-Institutions held 11.23% and 4.56% respectively.

Central Bank of India is planning to divest its stake in its subsidiary - Cent Bank Home Finance (CBHFL) with a view to unlock the value of its strategic investments. The bank intends to disinvest its equity shareholding in CBHFL partly/ fully to interested buyer(s)/ purchaser(s) by way of sale through a competitive bidding process. 

The bank presently holds 16.10 crore equity shares of CBHFL constituting 64.40% stake. Other shareholders of the CBHFL are Housing and Urban Development Corporation (6.80%), National Housing Bank (16.00%), Specified Undertakings of Unit Trust of India (12.80%).

Central Bank of India has been serving more than 3,50,00,000 account holders through its 4,400 branches, 6 extension counters, 29 Satellite offices, 1,970 ATMs and 2,413 ultra small branches (USBs). 

CentralBank of India Share Price

36.07 0.23 (0.64%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
SBI 1080.35
PNB 114.50
Canara Bank 142.35
Bank Of Baroda 280.00
Union Bank Of India 188.90
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×