CSB Bank Shares Soar 16%, Hit New 52-Week High on Strong Q3 Business

Business
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Moneycontrol•05-01-2026, 16:35
CSB Bank Shares Soar 16%, Hit New 52-Week High on Strong Q3 Business
- •CSB Bank shares surged over 16% to a new 52-week high of ₹574.70 on January 5, driven by positive Q3 business updates.
- •The bank's loan book grew 29% year-on-year to ₹37,208 crore, with gold loans increasing 46% to ₹19,023 crore in Q3 December 2025.
- •Deposits rose 21% year-on-year to ₹40,460 crore, while term deposits saw a 27% increase.
- •Net profit for July-September 2025 quarter increased 16% to ₹160 crore, with total income reaching ₹1,458 crore.
- •The stock has gained 32% in one week and 75% in one year, with 8 out of 9 analysts recommending 'Buy'.
Why It Matters: CSB Bank's strong Q3 business performance propelled its shares to a new 52-week high.
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