Hot Pursuit     02-Aug-23
Central Bank of India rises for third straight session
Central Bank of India is quoting at Rs 30.95, up 1.48% on the day as on 12:49 IST on the NSE. The stock is up 67.3% in last one year as compared to a 12.47% gain in NIFTY and a 56.17% gain in the Nifty Pharma index.

Central Bank of India is up for a third straight session in a row. The stock is quoting at Rs 30.95, up 1.48% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.9% on the day, quoting at 19555.6. The Sensex is at 65866.8, down 0.89%. Central Bank of India has added around 3.51% in last one month.

Meanwhile, Nifty Pharma index of which Central Bank of India is a constituent, has added around 6.04% in last one month and is currently quoting at 4596.4, down 1.75% on the day. The volume in the stock stood at 118.66 lakh shares today, compared to the daily average of 146.76 lakh shares in last one month.

The PE of the stock is 15.02 based on TTM earnings ending June 23.

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