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Central Bank of India: Stock Entered Averaging Band
Authored By HDFC SKY | Last Modified: Mar 30, 2026 05:57 PM IST
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In our Stock Update report dated Feb 26, 2026 on Central Bank of India, we had recommended to ‘Buy on dips in Rs 35-37 band and add further in Rs 30-32 band’ for fair value target of Rs 44 in 4 quarters.
Today, the stock touched a low of Rs 31.75, thereby entering our averaging band.
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If you have any concerns, questions, or wish to point out any discrepancies in our content, please feel free to write to us at content@hdfcsec.com.
Please Note: The information shared is intended solely for informational purposes and does not make any investment recommendations
Disclaimer
The information shared here is intended solely for informational and educational purposes and does not constitute investment recommendations. While we practice strict due diligence in curating daily market data, readers must perform independent research before trading. To flag any real-time data discrepancies or content concerns, please write to us at content@hdfcsec.com.
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