Trending stocks: City Union Bank shares down over 2%

NEW DELHI: Shares of City Union Bank Ltd. traded 2.31 per cent down in Tuesday's trade at 01:16PM (IST). Around 106445 shares changed hands on the counter. The stock opened at Rs 127.2 and touched an intraday high and low of Rs 128.75 and Rs 123.35, respectively, in the session so far.

The stock quoted a 52-week high of Rs 249.35 and a 52-week low of Rs 110.0.

The private sector said its board has approved the proposal to raise up to Rs 1,100 crore through equity and debt. The lender will seek shareholders' approval for the fund raise plan at its upcoming AGM next month


Financials
City Union Bank Ltd., incorporated in the year 1904, is a banking company (having a market cap of Rs 9187.00 Crore).

The Bank has reported a Gross Non Performing Assets (Gross NPAs) of Rs 1413.40 Crore (.00 % of total assets) and Net Non Performing Assets (Net NPAs) of Rs 778.49 Crore (.00% of total assets).

City Union Bank Ltd. key Products/Revenue Segments include Interest & Discount on Advances & Bills which contributed Rs 3177.66 Crore to Sales Value (84.35 % of Total Sales), Income From Investment which contributed Rs 553.60 Crore to Sales Value (14.69 % of Total Sales) and Interest which contributed Rs 12.60 Crore to Sales Value (0.33 % of Total Sales)for the year ending 31-Mar-2019.


Valuation ratio
It quoted a price-to-earnings ratio of 19.3 and price to book value of 1.89.