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City Union Bank Plunges 5%; BSE BANKEX Index Down 2.4%
Fri, 13 Mar 16:21

City Union Bank Plunges 5%; BSE BANKEX Index Down 2.4%Image source: Kameleon007 /www.istockphoto.com

City Union Bank share price has plunged 5% and is presently trading at Rs 230.7.

Meanwhile, the BSE BANKEX index is at 60,462.9 (down 2.4%).

Among the top losers in the BSE BANKEX index today are SBI (down 3.7%) and IDFC FIRST BANK (down 3.4%).

Over the last one year, City Union Bank has moved up from Rs 146.2 to Rs 230.7, registering a gain of Rs 84.6 (up 57.9%).

On the other hand, the BSE BANKEX index has moved up from 55,034.2 to 60,462.9, registering a gain of 9.9% during the last 12 months.

The top gainers among the BSE BANKEX index stocks during this same period were AU SMALL FINANCE BANK (up 69.1%), Federal Bank (up 46.6%) and SBI (up 43.2%).

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What About the Benchmark Indices?

The BSE Sensex is at 74,563.9 (down 1.9%).

The top losers among the BSE Sensex today are L&T (down 7.4%) and Tata Steel (down 5.3%). The most traded stocks in the BSE Sensex are Tata Motors and Eternal Ltd.

In the meantime, NSE Nifty is at 23,153.2 (down 2.1%). L&T and Hindalco are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 74,102.3 to 74,563.9, registering a gain of 461.6 points (up 0.6%).

City Union Bank Financial Update...

City Union Bank net profit grew 16.1% YoY to Rs 3,322 million for the quarter ended December 2025, compared to a profit of Rs 2,860 million a year ago. Net sales rose 18.7% to Rs 17,557 million during the period as against Rs 14,787 million in October-December 2024.

For the year ended March 2025, City Union Bank reported 10.6% increase in net profit to Rs 11,236 million compared to net profit of Rs 10,157 million during FY24. Revenue of the company grew 10.7% to Rs 58,340 million during FY25.

The current Price to earnings ratio of City Union Bank, based on rolling 12 month earnings, stands at 13.7.


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