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CSB Bank Ltd (CSBBANK)

₹357.951.06%

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🔔 Investment Alert

Foreign institutional investors increase stake in CSB Bank by 7.49% in Q1FY25, boosting overall market sentiment

Overview
News
Financials
Q1 2024 Results
Technicals

Analyst Rating

based on 3 analysts

BUY

100.00%

Buy

0.00%

Hold

0.00%

Sell

Based on 3 analysts offering long term price targets for CSB Bank Ltd. An average target of ₹450

Source: S&P Global Market Intelligence

CSB Bank Ltd Share analysis

Source: S&P Global Market Intelligence

Performance

  • Day's Low

    Day's High

    ₹355.35
    ₹363.8
  • 52 Week's Low

    52 Week's High

    ₹282.5
    ₹422.25
1 Month Return+ 1.43 %
3 Month Return-11.37 %
1 Year Return+ 23.73 %
Previous Close₹361.80
Open₹363.80
Volume2.05L
Upper Circuit-
Lower Circuit-
Market Cap₹6,276.72Cr

Key Statistics

P/E Ratio0
PEG Ratio0
Market Cap₹6,276.72 Cr
P/B Ratio1.4
EPS0

Mutual Fund Holdings

Funds HoldingsPrev. 6M
SBI Small Cap Fund Direct Plan GrowthSBI Small Cap Fund Direct Plan Growth1.35%
SBI Magnum Global Fund Direct GrowthSBI Magnum Global Fund Direct Growth2.32%
ICICI Prudential Banking and Financial Services Fund Direct Plan GrowthICICI Prudential Banking and Financial Services Fund Direct Plan Growth0.8%
UTI MNC Fund Direct Growth OptionUTI MNC Fund Direct Growth Option1.83%
Sundaram Services Direct GrowthSundaram Services Direct Growth1.56%

Company Information

CSB Bank Limited (Formerly The Catholic Syrian Bank), one of India’s fastest growing private sector banks, has 603 branches and 459 ATMs spread over the country. It has been incorporated in November 1926 and operates four main segments: SME Banking, Retail Banking, Wholesale Banking and Treasury operations. During FY2020, it raised capital of Rs 409.68 crore through Initial Public Offering (IPO) and the shares of the bank were listed in BSE and NSE from December 4, 2019.
In the past, the Bank has taken part in the consolidation of various small to medium-sized banks in Kerala, and eventually attained the status of A Class Scheduled Bank in 1975 when its total deposits exceeded Rs 25 crores. It has built a strong rural base with around 80% of its branches in rural and semi-urban areas. Several investments in the money market, capital market instruments, and in-house equity research were made in the subsequent years. The Bank has also tie-up arrangements with five companies to market their mutual fund products and entered the field of foreign exchange in 1975.

Throughout the years, the Bank has been focussing on increasing its distribution network with the aim of providing banking and financial services to more and more customers. In financial year 2021, 101 new branches and 18 ATMs/CRMs were opened while in financial year 2022, 100 new branches and 144 new ATMs/CRMs were added. To strengthen the business, nine existing branches were merged and 34 ATMs relocated in financial year 202122.

The Bank is presently owned by FIH Mauritius Investments Ltd (FIHM) that holds 86,262,976 share constituting 49.72% of the paid-up capital. The Bank is set to increase its market share with strong strategies in place to ensure success.

Share Price: ₹357.95 per share as on 19 Jul, 2024 04:01 PM
Market Capitalisation: ₹6,276.72Cr as of today
Listing date: 04 Dec, 2019
Chairperson Name: Bhama Krishnamurthy
OrganisationCSB Bank Ltd
Headquarters
IndustryBanks
E-voting on sharesClick here to vote

Key events for CSB Bank Ltd

  • Foreign Institutional Investors Boost CSB Bank - 20 Jul, 2024

    Foreign institutional investors have significantly boosted the banking sector with inflows in Q1FY25, increasing their stake in CSB Bank by 7.49%. The surge highlights growing confidence in the sector's stability and growth prospects, driving stock prices and enhancing overall market sentiment.

  • CSB Bank Reports Strong Growth in Deposits and Advances - 02 Jul, 2024

    CSB Bank reports a significant YoY growth in total deposits and gross advances for Q1FY25, leading to a surge in share prices.

  • CSB Bank Reports Q4 Results with Increase in Deposits and Advances - 01 Jul, 2024

    CSB Bank's Q4 results show a dip in net profit but an increase in total deposits and gross advances. The bank's net interest income also increased by 11%. However, the gross non-performing assets (GNPAs) stood at 1.47%.

  • CSB Bank Shares Rise After FII and DII Investments - 28 Jun, 2024

    Foreign Institutional Investors (FIIs) and Domestic Institutional Investors (DIIs) have bought stakes in CSB Bank, causing a 5.8% increase in share prices. Additionally, the bank's financials show growth in revenue and net profit for FY24.

  • CSB Bank Sees Stake Sale by FIH Mauritius; Multiple Buyers Step In - 27 Jun, 2024

    Investment firm FIH Mauritius is set to reduce its stake in CSB Bank from 49.72% to nearly 40%, raising Rs 595 crore via a block deal. Shares rose 7% after the sale. Abu Dhabi Investment Authority-WAY, India Acorn ICAV-Ashoka India Opportunities Fund, ICICI Prudential Mutual Fund and Amansa Holdings Private Limited bought stakes.

  • FIH Mauritius to Sell Stake in CSB Bank - 26 Jun, 2024

    FIH Mauritius is set to sell a 9.72% stake in CSB Bank through a block deal, raising around Rs 595 crore at a floor price of Rs 352.4 per share. Following the sale, FIH Mauritius will retain a 40% stake in the bank. The news has a NEUTRAL sentiment.

Insights on CSB Bank Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 4.92% to 12.43% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 14.24% to 17.03% in Jun 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, State Bank of India has given 45.8% return, outperforming this stock by 22.1%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, State Bank of India has given 111.3% return, outperforming this stock by 105.1%

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 3 months, CSBBANK stock has moved down by -11.4%

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 49.72% to 40.00% in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 26.72% to 26.27% in Jun 2024 quarter

Company Financials

Value in ₹ crore
2023Y/Y Change
Total Assets
₹29,172.97Cr
↑15.01%
Total Liabilities
₹29,172.97Cr
↑15.01%
Value in ₹ crore
2023Y/Y Change
Operating Cash Flow
₹2,211.48Cr
↓359.41%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
40%
-19.55
Foreign Institutions
12.43%
152.41
Mutual Funds
17.03%
19.54
Retail Investors
26.27%
-1.71
Others
4.28%
-2.47

Key Indicators

Earnings and Dividends

  • CSB Bank Ltd Earnings Results

    CSB Bank Ltd’s net profit fell -3.12% since last year same period to ₹151.46Cr in the Q4 2023-2024. On a quarterly growth basis, CSB Bank Ltd has generated 0.99% jump in its net profits since last 3-months.

    Read More about Earnings Results

Technicals Summary

Bearish

Neutral

Bullish

Bearish

CSB Bank Ltd is currently in a Bearish trading position according to technical analysis indicators.

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CSB Bank Ltd (CSBBANK) share price today is ₹357.95

CSB Bank Ltd is listed on NSE

CSB Bank Ltd is listed on BSE

  • Today’s highest price of CSB Bank Ltd is ₹363.8.
  • Today’s lowest price of CSB Bank Ltd is ₹355.35.

Today’s traded volume of CSB Bank Ltd(CSBBANK) is 2.05L.

Today’s market capitalisation of CSB Bank Ltd(CSBBANK) is ₹6276.72Cr.

CSB Bank Ltd(CSBBANKPrice
52 Week High
₹422.25
52 Week Low
₹282.5

CSB Bank Ltd(CSBBANK) share price is ₹357.95. It is down -15.23% from its 52 Week High price of ₹422.25

CSB Bank Ltd(CSBBANK) share price is ₹357.95. It is up 26.71% from its 52 Week Low price of ₹282.5

CSB Bank Ltd(CSBBANKReturns
1 Day Returns
-3.85%
1 Month Returns
1.43%
3 Month Returns
-11.37%
1 Year Returns
23.73%