NIFTY 22200.55 BANK 47687.45

Central Bank of India
Share Price Target & Analysis

NSE:CENTRALBK

61.15

VWAP

60.80

Open

60.4

Close

62.10

High

60.40

Low

76.90

52 Week High

60.70 ⇧
0.30 (0.50%)

CENTRALBK

(FINANCIAL SERVICES)
68.2% Momentum

Sideways to Positive

25.95

52 Week Low

2.94

EPS

11.96

PE

1.88

PB

Economical
Quality

Silver
Valuation

#Analysis

NSE: CENTRALBK Share Price Financial Analysis & Valuation

Central Bank of India (CENTRALBK) is broadly categorized in FINANCIAL SERVICES segment industry which deals in Banks - Public Sector vertical. It is one of Mid Cap company with Market Capitalization of Rs 18881 (in Cr). Total number of free float shares are 297.3 (in Lacs). Central Bank of India is listed on NSE with Exchange ID - INE483A01010 and trading code is NSE:CENTRALBK with short name Central Bank.

Central Bank of India is a government-owned enterprise which is categorized as Public Sector Undertaking (PSU) or a Public Sector Enterprise.

In the past 1 year, Central Bank of India has declared an equity dividend of Rs 0 per share. At the current share price of CENTRALBK at Rs 60.70, this results in a dividend yield of 0 %.

As per the Fundamental Analysis of NSE:CENTRALBK, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine CENTRALBK underlying value and future prospects. All of this data is available in CENTRALBK financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:CENTRALBK, it is clearly understood that CENTRALBK is Economical performer in terms of earnings and profit margins with an EPS of 2.94. NSE:CENTRALBK book value per share as of today is 32.26. The current price to book ratio for CENTRALBK as of May 16, 2024 is 1.88.

Valuation of the Stock: The current valuation of CENTRALBK stock is like Silver which means currently the stock is at Premium. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of CENTRALBK whether to BUY this stock at current valuation. The delivery percentage of CENTRALBK is 32.81% is very crucial parameter which shows that 32.81% investors are anticipating that the price of CENTRALBK share should go up with VWAP at 61.15.

Now, the main question is whether to BUY or SELL, NSE:CENTRALBK at current valuation.
As per latest Analysis No. #1384:-

⇑ STRONG BUY CENTRALBK if All Greens

⇗ BUY CENTRALBK (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD CENTRALBK (With Stop Loss) if only 1 Green

⇘ SELL CENTRALBK if NO Green Indicator

NSE: CENTRALBK Share Price Today (May 16, 2024)

(Central Bank of India Daily Analysis on the basis of CENTRALBK Intraday Graph & Trend)

Central Bank of India share price moved Up by 0.50% from its previous close of Rs 60.4. CENTRALBK stock last traded price is 60.70. CENTRALBK share price trend is Up with a total of 8525938 stocks traded till now. It has touched an intraday high of Rs 62.10 and an intraday low of Rs 60.40. The CENTRALBK trading at 60.70, Up by Rs. 0.30, or 0.50 percent which suggests that most of the Traders are anticipating that the price of CENTRALBK share should go Up.

NSE: CENTRALBK Share Price Tomorrow Prediction

(Central Bank of India Share Price Prediction for Tomorrow & future forecast is based on Current Trend of CENTRALBK)

Central Bank of India share price moved Up by 0.50%. CENTRALBK share price short term trend is Up. It suggests that CENTRALBK Share Price for Tomorrow remains the same with VWAP at 61.15 will be treated as stop loss for intraday traders. Central Bank of India Long term investors can follow the CENTRALBK long term trend as mentiond in future forecast table.

NSE Code

NSE: CENTRALBK

CENTRALBK Share Price Today

 60.70

CENTRALBK Share Price Target Prediction for 2024 ^

 49.6 - 77.3

CENTRALBK Share Price Target Prediction for 2025*^

 77.3 - 82.3

CENTRALBK Share Price Target Prediction for 2026*^

 82.3 - 88.1

CENTRALBK Share Price Target Prediction for 2027*^

 93

CENTRALBK Share Price Target Prediction for 2028*^

 95

CENTRALBK Share Price Target Prediction for 2030*^

 104
CENTRALBK Current Book Value 2023
32.1

*Central Bank of India Short Term & Long Term share price target is based on current financial year earings of the company.
^CENTRALBK share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

CENTRALBK Technical Analysis

Candlestick Pattern: @60.7

CENTRALBK Moving Averages

BUY (4) NEUTRAL (0) SELL (10)
MA Simple Action S1 Expo Action E2
MA_5 60.31 BUY 60.73 SELL
MA_12 63.15 SELL 62.01 SELL
MA_20 63.23 SELL 62.44 SELL
MA_32 62.95 SELL 62.52 SELL
MA_50 62.33 SELL 62.05 SELL
MA_100 61.06 SELL 59.76 BUY
MA_200 51.07 BUY 52.12 BUY

CENTRALBK Trend Oscillators

BUY (0) NEUTRAL (1) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 63.23 Downtrend
MACD -0.61 SELL
ADX 17.87 NO or Weak Trend
DMI (+/-) 17.23 / 25.5 Downtrend

CENTRALBK Momentum Oscillators

BUY (1) NEUTRAL (9) SELL (2)
Momentum Oscillators Value Action
RSI 44.38 Neutral
STOCHASTIC_K (Fast) 54.72 Neutral
STOCHASTIC_D (Slow) 40.13 Neutral
CCI -59.47 Neutral
PSAR 67.49 SELL
TRUE RANGE 1.7 Neutral
ATR 2.58 Neutral
WILLIAMS R -77.02 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 100 Overbought
STOCHASTIC RSI D 53.02 Neutral
MOMENTUM -3.2 SELL

CENTRALBK Last 1 Year Trend

Duration Value
1 Year 121.53%
3 Months -18.14%
1 Month -5.01%
1 Week -2.33%

CENTRALBK Technical Analysis Summary

Updated on 2024-05-15
Action Overall (%)
BUY 17%
NEUTRAL / HOLD 33%
SELL 50%

Most popular Questions & Answers about CENTRALBK


Central Bank of India stock last traded price is 60.70. CENTRALBK share price moved Up by 0.50% from its previous close of Rs 60.4.

Central Bank of India share price trend is Up with a total of 8525938 stocks traded till now. It has touched an intraday high of Rs 77.669 and an intraday low of Rs 60.40. The CENTRALBK trading at 60.70, Up by Rs. 0.30, or 0.50 percent which suggests that most of the Traders are anticipating that the price of CENTRALBK share should go Up and the Stop Loss will be around 61.15.

The market cap of Central Bank of India is ₹18881 (in Cr) as of May 15, 2024.

The current price to earning ratio for Central Bank of India as of May 15, 2024 is 11.96.

The current price to book ratio for Central Bank of India as of May 15, 2024 is 1.88.

The highest price of Central Bank of India stock is ₹76.90 in the last 52-week.

The lowest price of Central Bank of India stock is ₹25.95 in the last 52-week.

Central Bank of India share trading at ₹60.70, Up by Rs. 0.30, or 0.50 percent which suggests that most of the traders are anticipating that the price of CENTRALBK share should go Up.

In 2023, Stock price target for Central Bank of India (CENTRALBK) are ₹49.6 on downside and ₹77.3 on upside. Central Bank of India share price target is based on current financial year earings of the company.

In 2024, Stock price target for Central Bank of India (CENTRALBK) are ₹77.3 on downside and ₹82.3 on upside. Central Bank of India share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Central Bank of India (CENTRALBK) are ₹82.3 on downside and ₹88.1 on upside. Central Bank of India share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for Central Bank of India (CENTRALBK) will be around ₹95 Central Bank of India share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of CENTRALBK.

As per the fundamental analysis of Central Bank of India (CENTRALBK), it is of Economical quality in terms of earnings and profit margins with an EPS of 2.94. Central Bank of India book value per share as of today is 32.26. The current price to book ratio for CENTRALBK as of May 16, 2024 is 1.88.


NSE:CENTRALBK News & Other Useful Information about CENTRALBK Share Price


Peer Comparison of NSE: CENTRALBK

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Banks - Public Sector

Company Price EPS BV
SBIN 820.30 68.44 404.42
BANKBARODA 263.90 34.4 224.33
PNB 124.15 7.49 90.5
CANBK 119.00 80.23 444.77
IOB 61.90 1.4 14.77
UNIONBANK 139.05 17.88 95.63
BANKINDIA 124.60 13.87 129.24
CENTRALBK 60.70 2.94 32.26
INDIANB 534.50 59.86 371.43
UCOBANK 52.80 1.38 20.59
Updated at: 15 May 2024 15:59

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