Union bank

City Union Bank share price: Buy City Union Bank, price target Rs 225: Centrum Broking

Centrum Broking has purchased City Union Bank Ltd. with a target price of Rs 225. The current market price of City Union Bank Ltd. is Rs 141.15. The period given by the analyst is one year when the price of City Union Bank Ltd. can achieve the set goal.

City Union Bank Ltd., incorporated in 1904, is a banking company (having a market capitalization of Rs 10450.64 Crore).

Major products/revenue segments of City Union Bank Ltd. include interest and discounts on advances and bills, income from investments, interest on balances with RBI and other interbank funds and interest for the year ending March 31, 2021.


For the quarter ended 30-09-2021, the company reported total standalone revenue of Rs 1224.94 Crore, up 2.67% from last quarter. Total revenue of Rs 1193.08 Crore and down -0.43% from the same quarter last year. Total revenue of Rs 1230.28 Crore. The bank reported a net profit after tax of Rs 182.10 Crore last quarter.

Promoter/Fii Holdings
The promoters held 0% of the company’s capital as of September 30, 2021, while the FIIs held 16.14% and the DIIs 42.1%.

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