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City Union Bank strengthens on opening various branches in Tamil Nadu

28 Dec 2018 Evaluate

City Union Bank is currently trading at Rs. 186.50, up by 1.35 points or 0.73% from its previous closing of Rs. 185.15 on the BSE.

The scrip opened at Rs. 186.15 and has touched a high and low of Rs. 187.65 and Rs. 185.60 respectively. So far 1854 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 207.15 on 31-Aug-2018 and a 52 week low of Rs. 134.36 on 07-Feb-2018.

Last one week high and low of the scrip stood at Rs. 196.40 and Rs. 182.50 respectively. The current market cap of the company is Rs. 13657.03 crore.

The Institutions holding in the company stood at 51.77%, while Non-Institutions held 48.23%.

City Union Bank has opened various branches in the state of Tamil Nadu on December 27, 2018. The bank has opened 613th branch at Neelanqarai, while 614th branch at Mugalivakkam and 615th branch at Perumalpattu, Thiruvallur District in the state of Tamil Nadu.

City Union Bank offers a suite of products across deposits, loans, investment solutions, payments and cards and the Bank also offers services, such as internet banking, mobile banking, including online funds transfer and fixed deposit operations. The Bank operates in four segments, which includes Corporate/Wholesale banking, Retail Banking, Treasury and Other Banking Operations.

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