CSB Bank has formed bullish candlestick pattern on the daily scale, with making higher high higher low formation, as it rose over 4 percent to Rs 291.35, but still traded within the range of April 28.

Trade Spotlight | How should you trade in Tata Motors, Bajaj Finance, CSB Bank today

The Kerala-based bank will also add 100 more branches with 50% of these featuring in northern and western regions.

CSB Bank expects rise in cost-to-income ratio this fiscal | The Financial Express

CSB Bank today reported a 20 per cent YoY increase in its net profit for Q4 FY23 to ₹156 crore, flat on quarter. For FY23, the profit after tax was ₹547 crore, higher by 19 per cent.

CSB Bank PAT up 20% on strong gold loan growth, asset quality improves

CSB Bank reported a 19% rise in net profit for the March quarter as the net profit rose to INR 156 crore, backed by growth in core and non-core verticals. Operating profit surged 42%, while the net interest income rose 15% to INR349 crore. The bank had a negative provision of INR 9 crore, contributi…

CSB Bank Q4 Results: PAT rises 19% YoY to Rs 156 crore on higher income

During the quarter under review, the bank’s total income increased 31 per cent to Rs 763 crore from Rs 583 crore in the fourth quarter of 2021-22

Kerala-based CSB Bank posts 20% rise in Q4 net profit to Rs 156 crore

Private sector lender CSB Bank on Friday reported 19 per cent rise in net profit at Rs 156 crore for March quarter 2022-23 as bad loans declined.

CSB Bank net profit rises 19% to Rs 156 crore as bad loans decline

Today’s Pick: CSB Bank (₹292.2): BUY

Kotak Mahindra Bank, Prem Watsa-backed CSB Bank and Emirates NBD are among those that have submitted expressions of interest, two of the people said, speaking on condition of anonymity

Reserve Bank begins evaluating five potential bidders for IDBI Bank

Kotak Mahindra Bank, Prem Watsa-backed CSB Bank and Emirates NBD are among those that have submitted expressions of interest, two of the people said, speaking on condition of anonymity because the talks are confidential.

RBI begins evaluating potential bidders for IDBI Bank: Report

The Reserve Bank of India (RBI) has begun evaluating at least five potential bidders interested in picking up a majority stake in state-owned IDBI Bank Ltd. Kotak Mahindra Bank, Prem Watsa-backed CSB Bank and Emirates NBD are among those that have submitted expressions of interest

RBI begins evaluating potential bidders for IDBI Bank

CSB Bank share price: The counter’s 14-day relative strength index (RSI) came at 59.06. A level below 30 is defined as oversold while a value above 70 is considered overbought. The company’s stock has a price-to-equity (P/E) ratio of 8.18.

CSB Bank shares rise 4% today; can they revisit their 52-week high level of Rs 275 in near term?

Hasn't faired well - amongst the low performers

Performance

Can be considered moderately valued vs the market

Valuation

Strong financials and growth story over the years

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is underpriced and is not in the overbought zone

Current price is less than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

CSB Bank is a private sector bank with operations in treasury, corporate banking, retail banking and other banking activities.

CSB Bank Ltd