City Union Bank jumped 3.43% to Rs 31.65 at 13:11 IST on BSE after the bank reported 41.70% rise in net profit to Rs 101.73 crore on 51.10% increase in total income to Rs 686.24 crore in the year ended March 2008 over the year ended March 2007
The stock hit a high of Rs 32.80 and a low of Rs 31.10 so far during the day. The stock had a 52-week high of Rs 51.55 on
The small-cap private sector lender has an equity capital of Rs 32 crore. Face value per share is Re 1.
The current price of Rs 31.65 discounts its Q3 December 2007 annualised EPS of Rs 3.17, by a PE multiple of 9.98.
However, City Union Bank reported a mere 8.50% rise in net profit to Rs 28.18 crore on a 49.20% increase in operating income to Rs 198.40 crore in Q4 March 2008 over Q4 March 2007. The bank declared the results during trading hours today,
City Union Bank is a leading scheduled private commercial bank with a strong base in urban, semi-urban and rural centres of south
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