City Union Bank gains on opening 19 new branches
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City Union Bank is currently trading at Rs. 179.15, up by 1.20 points or 0.67% from its previous closing of Rs. 177.95 on the BSE.
The scrip opened at Rs. 180.70 and has touched a high and low of Rs. 181.00 and Rs. 177.75 respectively. So far 16546 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 204.95 on 15-Dec-2022 and a 52 week low of Rs. 108.60 on 07-Mar-2022.
Last one week high and low of the scrip stood at Rs. 181.00 and Rs. 161.75 respectively. The current market cap of the company is Rs. 13273.94 crore.
The Institutions and Non-Institutions held 61.46% and 38.54% stake in the company.
City Union Bank has opened 19 new branches on December 29, 2022. MECHERI at Salem District, Tamilnadu, is the 750th Branch. The total Branch network of the Bank after opening of 19 Branches stands at 753.
Earlier, the Bank had opened 5 new branches in Tamilnadu and 1 Digital Banking unit at Chennai. The branches have been inaugurated on December 12, 2022. With opening of these new branches, the bank's total branches stood at 734.
City Union Bank offers a suite of products across deposits, loans, investment solutions, payments and cards.
