Central Bank of India Shows Resilience Amidst Broader Sector Gains and Recent Challenges

Jan 16 2025 10:50 AM IST
share
Share Via
Central Bank of India saw a significant rise on January 16, 2025, outperforming its sector. The stock reached an intraday high, although it remains below several key moving averages. Over the past month, it has faced challenges, declining more than the broader Sensex index.
Central Bank of India experienced a notable increase of 3.45% on January 16, 2025, outperforming its sector by 0.63%. The stock reached an intraday high of Rs 53.41, reflecting a rise of 4.05% during the trading session. Despite this positive movement, the stock remains below its 20-day, 50-day, 100-day, and 200-day moving averages, although it is above the 5-day moving average.

In the broader context, the public banking sector saw an overall gain of 3.7% on the same day. However, Central Bank of India has faced challenges over the past month, with a decline of 8.76%, compared to a decrease of 5.83% in the Sensex index. This performance indicates a cautious outlook amidst recent fluctuations in the stock's performance metrics.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read