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Central Bank of India: Stock Entered Averaging Band

By HDFC SKY | Updated at: Mar 30, 2026 05:57 PM IST

Central Bank of India: Stock Entered Averaging Band
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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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