Central Bank of India gains after Q2 profit surge

Central Bank of India

17/10/2024 09:56

** Shares of Central Bank of India  CBI.NS  rise 2.5% to
58.9 rupees, their biggest intraday gain since Sept. 23
    ** Stock top gainer on Nifty PSU Bank index  .NIFTYPSU ,
which is down 0.3%
    ** Public lender reports 50.9% Y/Y rise in Q2 net profit;
net interest income up 12.6%
    ** CBI sees busiest day in about a month, with over 17 mln
shares changing hands
    ** Stock up 17% YTD vs 15% rise in Nifty PSU Bank index 

 (Reporting by Aleef Jahan in Bengaluru)
 ((aleefjahan.cs@thomsonreuters.com))