CSB Bank Ltd., incorporated in the year 1920, is a banking company (having a market cap of Rs 5777.08 Crore).
Financials
For the quarter ended 31-03-2021, the company reported a Standalone Total Income of Rs 609.45 Crore, up 1.70 % from last quarter Total Income of Rs 599.24 Crore and up 28.17 % from last year same quarter Total Income of Rs 475.50 Crore. The bank reported net profit after tax of Rs 42.89 Crore in latest quarter.
Investment Rationale
The stock has resumed an uptrend after breaking out of trendline resistance on good volumes, confirming bullishness. Technical indicators are also in bull territory, confirming strength in the stock.
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