At a time when banking stocks are leading the rally in equity markets, CSB Bank has corrected 19 percent from its peak price seen in November.
However, the bank is on its way to transform from a regional focused community bank into a new-age bank. CSB’s strong parentage with marquee investor Fairfax Group holding around 50 percent equity gives confidence in the stock.
Moneycontrol.com’s Neha Dave gets more details on the stock’s performance in the special segment ‘Moneycontrol Pro Ideas For Profit’.
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