ICICI Securities has buy call on with a target price of Rs 185. The current market price of City Union Bank Ltd. is Rs 167.75.
City Union Bank Ltd., incorporated in the year 1904, is a banking company (having a market cap of Rs 12375.60 Crore).
Financials
For the quarter ended 31-12-2020, the company reported a Standalone Total Income of Rs 1277.80 Crore, up 3.86 % from last quarter Total Income of Rs 1230.28 Crore and up 6.20 % from last year same quarter Total Income of Rs 1203.24 Crore. The bank reported net profit after tax of Rs 169.93 Crore in latest quarter.
Promoter/FII Holdings
Promoters held 0 per cent stake in the company as of June 30, 2020, while FIIs held 21.7 per cent, DIIs 30.1 per cent and public and others 48.3 per cent.
