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City Union Bank inches up on signing agreement with Star Health

03 Jul 2019 Evaluate

City Union Bank is currently trading at Rs. 216.20, up by 0.50 points or 0.23% from its previous closing of Rs. 215.70 on the BSE.

The scrip opened at Rs. 216.90 and has touched a high and low of Rs. 217.50 and Rs. 215.80 respectively. So far 1193 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 220.25 on 27-Jun-2019 and a 52 week low of Rs. 157.00 on 08-Oct-2018.

Last one week high and low of the scrip stood at Rs. 220.25 and Rs. 214.40 respectively. The current market cap of the Bank is Rs. 15850.53 crore.

The Institutions holding in the Bank stood at 51.09%, while Non-Institutions held 48.91% respectively.

City Union Bank has entered into an agreement with Star Health & Allied Insurance Company on July 02, 2019 for distribution of their product through its Branch Network.

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.

Peers
Company Name CMP
HDFC Bank 722.40
ICICI Bank 1359.00
Axis Bank 1243.95
Kotak Mahindra Bank 414.90
Indusind Bank 945.05
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