CSB Bank Achieves 52-Week High Amid Strong Market Performance and Momentum

Jul 04 2025 11:35 AM IST
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CSB Bank's stock has reached a new 52-week high of Rs. 412, reflecting strong performance and a notable outperformance against its sector. The stock has shown consistent gains over the past two days and is trading above key moving averages, indicating positive price momentum.
CSB Bank has made headlines today as its stock price reached a new 52-week high of Rs. 412, marking a significant milestone for the midcap private sector bank. This achievement comes after a robust performance, with the stock outperforming its sector by 3.6% and recording a consecutive gain over the last two days, yielding a total return of 4.78% during this period.

Intraday trading saw CSB Bank touch a high of Rs. 412, reflecting a 4.44% increase for the day. Notably, the stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend in its price momentum.

In the broader market context, the Sensex opened flat but is currently trading slightly negative at 83,218.94, just 3.32% away from its own 52-week high. The BSE Mid Cap index is leading the market today, gaining 0.33%. Over the past year, CSB Bank has delivered a performance of 9.31%, significantly outpacing the Sensex's 3.96% return. The stock's 52-week low stands at Rs. 266.05, highlighting its recent upward trajectory.
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