Banks - Regional
Central Bank of India (CENTRALBK) gains 6% intraday
Central Bank of India (CENTRALBK) stock moves up 6% intraday to ₹33.96, showing a shift from breakdown to consolidation..
Central Bank of India (CENTRALBK) gained +6% to ₹33.96 on the NSE on 17 Jun 2026. The stock is moving higher intraday, but it remains in a 6-month consolidation phase, having not cleared resistance. This move comes as the trendline status has shifted from approaching support to consolidation. Central Bank of India, a large-cap regional bank within the financial services sector, saw this price action despite the sector’s mixed performance, indicating a company-specific catalyst rather than broad sector momentum.
Technical setup — trendlines & DMA
Currently, Central Bank of India’s 6-month trendline status is in breakdown, with the support trendline ending at ₹31.02, which is 8.66% below today’s price, and the resistance trendline at ₹35.34, which is 4.06% above. The 50-day moving average (DMA) is at ₹33.9, slightly below today’s price, while the 200-DMA is at ₹36.4, indicating a bearish trend as the stock is trading below both moving averages. In the 52-week range of ₹29.3 to ₹40.9, the current price sits in the middle third, suggesting that while there is room for further upside, a significant portion of the potential move might already be priced in.
Snapshot: ₹33.96 on 2026-06-17 (chart frozen at publication)
Fundamentals & business context
With a PE ratio of 6.4, Central Bank of India appears undervalued, especially considering its profit margin of 24.4% and a robust 5-year revenue CAGR of 9.1%. This suggests that the market may not be fully pricing in the company’s growth potential. The 7.0% institutional ownership indicates a cautious approach by smart money, possibly due to the stock’s technical weaknesses. There was no NSE catalyst today, making this move likely driven by technical factors rather than new fundamental information.
Algorithmic scorecard
The overall algorithmic scorecard reflects a stock that is fundamentally strong but technically weak. The strongest signals come from the company’s excellent profit growth with a 5-year profit CAGR of 39.2%, and its undervalued status with a PEG ratio of 0.16, indicating the stock is cheap relative to its growth. Additionally, the company’s 4.35% dividend yield stands out as a very good income generator. On the weaker side, the stock exhibits a bearish trend with the 50-DMA below the 200-DMA, and it has declined 16.1% in the last year, signaling technical challenges ahead. The stock’s position in the lower half of its 52-week range also suggests ongoing technical weakness.
Company outlook
Central Bank of India has provided forward guidance indicating business growth of 14% to 16% and deposit growth by 10% to 12%. Advances growth is expected to be between 14% to 16%. The bank plans to maintain its retail to corporate ratio at 65%:35% plus/minus 5% and estimates a recovery of INR2,200 crores to INR2,500 crores from written-off assets. The net interest margin (NIM) is expected to remain above 3%, with a focus on building current account savings account (CASA) and aligning with customer behavior. The bank is also planning to maintain a slippage ratio below 1% for the next year and has outreach programs and training for 1,000 credit officers to support credit growth. Additionally, the bank has a capital budget of INR1,442 crores and a revenue budget of INR1,276 crores for digital spend, and it plans to leverage tie-ups with insurance companies to increase revenue from non-life and life insurance.
Get all details on CENTRALBK — P&L, peers, shareholding and more on TradeAlone.
Banks - Regional
Ujjivan Small Finance Bank Limited Launches ‘nothing Small About Us’ Campaign with R. Madhavan as Brand Ambassador
Ujjivan Small Finance Bank launches ‘Nothing Small About Us’ campaign featuring R. Madhavan, addressing perceptions of’small’ scale.
Ujjivan Small Finance Bank Limited (Ujjivan SFB) announced the launch of its new brand campaign ‘Nothing Small About Us’, featuring acclaimed actor and Padma Shri awardee R. Madhavan as its Brand Ambassador. The campaign aims to address customer perceptions that the word ‘Small’ may imply limited offerings or scale. Ujjivan SFB, serving over 1 crore customers through 800+ branches across 26 States and Union Territories, showcases its extensive range of banking solutions.
Campaign Roots in Customer Insights
The campaign is rooted in a key customer insight: the word ‘Small’ can sometimes create a perception that the bank caters primarily to small-ticket financial needs, has a limited range of banking products, or operates at a smaller scale. ‘Nothing Small About Us’ seeks to showcase Ujjivan’s breadth of offerings, reach, and scale. The bank offers a comprehensive range of banking solutions across savings, deposits, lending, forex, NRI services, and investment solutions.
R. Madhavan as Brand Ambassador
R. Madhavan’s selection as the Brand Ambassador stems from his strong alignment with Ujjivan’s values of integrity, humility, versatility, and authenticity. The integrated campaign will be amplified across television, print, digital, OTT/CTV, outdoor, social media, and Ujjivan’s branch network, creating a consistent brand narrative across consumer touchpoints.
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of Ujjivan Small Finance Bank Limited
Ujjivan Small Finance Bank Limited belongs to the Financial Services › Banks – Regional sector. Here’s a quick read on where the business and the stock stand today.
Ujjivan posts a 11.7% three-month gain, but softens in the last few weeks. Revenue consistency is the one bright spot — zero dips in five years shows operational resilience. No meaningful dividend — total return is entirely dependent on capital appreciation. The stock gives back 11.4% in the last month despite a positive three-month run. As a result, the earlier momentum appears to be fading. Revenue grows at 14.3% and the stock moves sideways over three months. Neither side makes a strong case. The next earnings print will likely break this stock out of its current range. Check Fundamentals of Ujjivan Small Finance Bank Limited.
Banks - Regional
Indusind Bank Limited Expands HYROX India Partnership to Multiple Cities
IndusInd Bank Limited (INDUSINDBK) expands its partnership with HYROX India, offering exclusive benefits to customers across multiple cities.
IndusInd Bank Limited (INDUSINDBK) has expanded its partnership with HYROX India, spanning across multiple cities including Ahmedabad, Bengaluru, and Noida. This strategic move aims to strengthen the bank’s connection with fitness enthusiasts and experience-seeking consumers, offering exclusive cashback offers and race-day benefits.
Exclusive Benefits for Customers
Customers will enjoy priority check-in, dedicated access lanes, exclusive event privileges, and curated on-ground experiences. This partnership reflects IndusInd Bank’s commitment to engaging with a generation that values aspiration, perseverance, and continuous progress.
Strategic Partnership
Speaking on the partnership, Sheran Mehra, Chief Marketing Officer, IndusInd Bank, said, ‘HYROX gives IndusInd Bank an opportunity to engage with a generation that values aspiration, perseverance, and continuous progress. This partnership is therefore more than a sports association; it is a strategic platform to deepen relevance, create distinctive experiences, and become part of the lives of consumers who are always striving for what’s next.’
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of IndusInd Bank Limited
IndusInd Bank Limited belongs to the Financial Services › Banks – Regional sector. Here’s a quick read on where the business and the stock stand today.
IndusInd posts a 2.2% three-month gain, but softens in the last few weeks. Thin margins at 7.6% leave limited room for error — any demand softness or cost spike hits the bottom line hard. Revenue contracts at -0.4% CAGR. That signals structural headwinds, not a short-term blip. The stock gives back 6.3% in the last month despite a positive three-month run. As a result, the earlier momentum appears to be fading. Revenue grows at -0.4% CAGR and the PEG stands at 99.00. The growth does not match the price the market asks. Furthermore, flat price action adds no technical catalyst. A lower price or faster revenue growth would improve the odds. Check Fundamentals of IndusInd Bank Limited.
Banks - Regional
Indusind Bank Launches Overdra� and Cash Credit Linked Corporate Credit Card
IndusInd Bank Limited (INDUSINDBK) launches an innovative OD/CC linked corporate credit card, enhancing business liquidity and expense control.
IndusInd Bank Limited (INDUSINDBK) today announced the launch of an Overdra� (OD) and Cash Credit (CC) linked Corporate Credit Card designed to provide businesses with greater control over cash flows, improved operational efficiency, and smarter utilization of sanctioned credit limits.
Seamless Spending and Control
This revolutionary proposition enables the card to operate directly on the customer’s existing OD or CC account, eliminating the need for separate credit limits, billing cycles, or standalone reconciliation. By integrating day-to-day business spends with core working capital lines, the solution enables businesses to manage liquidity more efficiently while ensuring complete transparency and control over expenses.
Key Features
Key features of the card include direct linkage to OD/CC account, no separate credit limit or billing cycle, strong transaction controls, centralized expense management, operational efficiency, and flexible usage for routine business expenses, vendor payments, and operational spends.
As a result, businesses can achieve greater convenience and stronger financial discipline. The card will be launched on major card networks in India, including NPCI – RuPay, Mastercard, and Visa, powered by PropelGo Technologies.
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of IndusInd Bank Limited
IndusInd Bank Limited belongs to the Financial Services › Banks – Regional sector. Here’s a quick read on where the business and the stock stand today.
IndusInd posts a 8.3% three-month gain, but softens in the last few weeks. Thin margins at 7.6% leave limited room for error — any demand softness or cost spike hits the bottom line hard. Revenue contracts at -0.4% CAGR. That signals structural headwinds, not a short-term blip. The stock gives back 1.6% in the last month despite a positive three-month run. As a result, the earlier momentum appears to be fading. Revenue grows at -0.4% CAGR and the PEG stands at 99.00. The growth does not match the price the market asks. Furthermore, flat price action adds no technical catalyst. A lower price or faster revenue growth would improve the odds. Check Fundamentals of IndusInd Bank Limited.
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