Central bank share prices can feel like a mystifying puzzle, shrouded in layers of economic policy, interest rates, and global market trends. Yet, understanding this intricate dance can offer valuable insights for investors.
- Current Share Price of Central Bank Share Price
- Market Performance of Central Bank Share Price
- Key Statistics of Central Bank Share Price
- Market Capitalization of Central Bank Share Price
- Price Trends Of Central Bank Share Price
- Earnings And Financials of Central Bank Share Price
- Target of Central bank share price?
- Should I buy central bank share?
- What is the share price target for Central Bank of India in 2025?
- Can we buy central bank share?
- Frequently Asked Questions
Current Share Price of Central Bank Share Price
Central Bank Share Price Returns
1 Day | 1.98% |
1 Week | -0.48% |
1 Month | 7.6% |
3 Months | 6.17% |
1 Year | 70.74% |
3 Years | 254.98% |
5 Years | 41.7% |
Market Performance of Central Bank Share Price
Timeframe | Performance | Change |
---|---|---|
Year-to-date (YTD) | +19.18% | Positive growth |
1 Month | -4.50% | Recent correction |
1 Week | -0.73% | Downward trend |
Today (Dec 29, 2023, 4:42 PM IST) | ₹42.05 | Current price |
Key Statistics of Central Bank Share Price
Statistic | Value | Date |
---|---|---|
Current Price | ₹42.05 | December 29, 2023 |
Year-to-Date (YTD) Change | +19.18% | December 29, 2023 |
1 Month Change | -4.50% | December 29, 2023 |
1 Week Change | -0.73% | December 29, 2023 |
52-Week High | ₹56.00 | December 26, 2023 |
52-Week Low | ₹22.25 | March 08, 2023 |
Market Capitalization | ₹53,534.91 Crore | December 29, 2023 |
P/E Ratio | 19.96 | December 29, 2023 |
Dividend Yield | – | December 29, 2023 |
Beta | 1.4417 | December 29, 2023 |
Trading Volume (Today) | 10,766,910 shares | December 29, 2023 |
Market Capitalization of Central Bank Share Price
The current market capitalization of Central Bank of India (Centralbk) is ₹53,534.91 Crore as of today, Friday, December 29, 2023, at 4:42 PM IST. This means that the total value of all outstanding shares of the bank is approximately ₹53,534.91 billion.
- Market capitalization is calculated by multiplying the current share price by the total number of outstanding shares.
- It is a key indicator of a company’s size and relative importance in the market.
- Centralbk’s market cap places it among the larger public sector banks in India.
Price Trends of Central Bank Share Price
Central Bank Share Price Returns
1 Day | -1.01% |
1 Week | 2.84% |
1 Month | 11.5% |
3 Months | 25.4% |
1 Year | 82.52% |
3 Years | 306.74% |
5 Years | 66.06% |
- Stock Market Websites: Visit financial news websites or stock market platforms that provide real-time stock data. Websites like MoneyControl, Yahoo Finance, or Bloomberg usually display the latest stock prices, historical charts, and price trends.
- Stock Exchanges: Check the official website of the stock exchange where Central Bank shares are listed. Look for the latest stock prices, historical data, and charts.
- Financial News Platforms: Explore financial news platforms that provide detailed information about stocks and companies. News articles and analysis may cover recent price trends and market movements.
- Investment Apps: Utilize investment apps or platforms that offer real-time stock quotes and price charts. Many brokerage platforms provide such features.
- Technical Analysis Tools: Consider using technical analysis tools to study price charts and identify potential trends. Popular technical analysis indicators include moving averages, RSI (Relative Strength Index), MACD (Moving Average Convergence Divergence), etc.
- Financial Analysts’ Reports: Review research reports and analysis from financial analysts or brokerage firms. Analysts often provide insights into price trends and potential future movements based on their assessments.
- Company Announcements: Monitor official announcements and press releases from Central Bank for any updates on business operations, financial results, or strategic initiatives that may impact stock prices.
Earnings And Financials of Central Bank Of India Share Price
Recent Financial Performance:
- Profitability: Central Bank has shown consistent profit growth in recent quarters, indicating strong operational performance. This year-to-date, their Net Profit has increased compared to the previous year.
- Non-Interest Income (NII): While Net Interest Income (NII) has also increased, the growth rate has moderated compared to earlier. This might be due to factors like competitive pressure and interest rate fluctuations.
- Asset Quality: While the Gross NPA Ratio has improved, it remains relatively high compared to some peers. This raises concerns about bad loans and potentially impacts investor confidence.
Valuation Metrics:
- P/E Ratio: At a P/E of around 20, Central Bank’s shares are currently trading at a premium compared to their earnings. This might suggest that the future growth potential is already priced into the share price.
- Market Capitalization: With a market cap of over ₹53,000 Crore, Central Bank is ranked among the larger public sector banks in India.
- Dividend Yield: Currently, Central Bank does not offer dividends to its shareholders. This might reduce its appeal to income-seeking investors.
Target Of Central Bank Share Price?
Financial Analysts’ Reports:
- Research reports from financial analysts or brokerage firms often include target prices for stocks, including Central Bank. Analysts typically use various valuation methods and financial models to arrive at their target price estimates.
Company Fundamentals:
- Analyze Central Bank’s financial statements, earnings reports, and key performance indicators to assess its financial health and growth prospects. Factors such as revenue growth, profitability, and asset quality can influence target price assessments.
Market Trends and Sentiment:
- Stay informed about broader market trends, economic conditions, and sector-specific developments that may impact Central Bank’s stock price. Market sentiment and investor behavior can also play a significant role in determining target prices.
Industry Comparisons:
- Compare Central Bank’s performance and valuation metrics with those of its peers in the banking sector. Understanding how Central Bank stacks up against its competitors can provide insights into its potential target price.
Professional Advice:
- Consult with a financial advisor or investment professional who can provide personalized insights and recommendations based on your investment goals, risk tolerance, and financial situation.
Market Research Tools:
- Utilize online stock research tools and platforms that offer stock analysis, price targets, and recommendations from financial experts.
Company Guidance:
- Pay attention to any guidance or projections provided by Central Bank’s management regarding its future performance and outlook.
Should I buy Central Bank Share ?
As on 23rd Jan 2024 CENTRALBK SHARE Price closed @ 52.95 and we RECOMMEND Strong Buy for LONG-TERM with Stoploss of 35.95 & Strong Buy for SHORT-TERM with Stoploss of 48.20 we also expect STOCK to react on Following IMPORTANT LEVELS.
Analyst Predictions:
- Some analysts have predicted a target price for CBI in the range of Rs. 60-70 by the end of 2024.
- These predictions are based on factors like potential improvement in economic growth, increased loan disbursement, and improvement in the bank’s financial performance and asset quality.
Risks and Considerations:
- Volatility: The Indian stock market, including the banking sector, can be volatile. CBI’s share price has fluctuated significantly in the past year.
- Financial health: While CBI’s financial performance has improved, it still faces challenges like high non-performing assets.
- Economic outlook: The Indian economy is expected to grow in 2024, but this is not guaranteed, and unforeseen events could impact the banking sector.
What is the Share Price Target for Central Bank of India in 2050?
In 2025, the Central Bank of India’s Share Price is expected to remain as high as Rs. 45.14 and the expected minimum share price of CBI would be at Rs. 34.5. By the end of 2030, the Central Bank of India’s share price target is expected to be at 96.38 (Max) and 86.73 (Min).22 Dec 2023
Here’s why attempting to predict the Central Bank of India’s share price in 2050 is challenging:
- Unforeseen Events: Major global events like pandemics, economic crises, or political upheavals can significantly impact stock prices, making long-term predictions almost impossible.
- Technological Disruption: Technological advancements and innovations within the banking sector and beyond can drastically alter the competitive landscape, making even established players like Central Bank of India vulnerable to unforeseen changes.
- Regulatory Changes: New regulations and policies introduced in the future can significantly impact the banking industry, influencing the performance and share price of individual banks.
- Market Sentiment: Overall market sentiment and investor confidence can fluctuate significantly over such a long period, creating unpredictable shifts in share prices.
Therefore, focusing on the present and near future might provide a more realistic and actionable perspective on Central Bank of India’s potential. For this, you can explore resources like:
- Analyst Predictions: Analyze reports from credible financial analysts offering forecasts for the next few years based on current trends and economic projections.
- Company Performance: Evaluate Central Bank of India’s financial statements, focusing on factors like revenue, profitability, non-performing assets, and loan growth.
- Industry Trends: Research overall trends in the Indian banking sector to understand potential challenges and opportunities impacting Central Bank of India.
Can We Buy Central Bank Share?
1. Open a Demat Account:
You’ll need a dematerialized (Demat) account to hold your shares electronically. Most banks and brokerage firms offer Demat account services. You can open an account online or by visiting a branch.
2. Choose a Broker:
A broker will act as your intermediary between you and the stock exchange, executing your buy and sell orders. Consider factors like brokerage fees, research tools, and customer service when choosing a broker.
3. Fund Your Account:
Transfer funds from your bank account to your Demat account to cover the cost of your CBI share purchase.
4. Place Your Order:
Once your account is funded, you can place your order to buy CBI shares through your broker’s platform. Specify the number of shares you want to buy and the price you’re willing to pay.
5. Settlement:
The trade will be settled on T+2 basis, meaning the shares will be credited to your Demat account two days after the trade execution.
Here are some additional things to keep in mind:
- Current Share Price: As of October 26, 2023, the CBI share price is around Rs. 56.21.
- Risks: Like any investment, buying CBI shares involves risk. The share price can fluctuate, and you could lose money.
- Do Your Research: Before making any investment decisions, it’s important to do your research and understand the risks involved. Consider factors like the bank’s financial performance, the overall market conditions, and your own investment goals.
Frequently Asked Questions
The BSE Sensex is currently down 0.35%, which might be influencing Centralbk’s recent downward trend.
As of 5:22 PM IST on Friday, December 29, 2023, the current share price of Central Bank of India (Centralbk) is ₹42.05.
- Internal factors like financial performance (profitability, NII, NPA ratio)
- External factors like broader market trends, economic anxieties, and interest rates
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