CSBBANK.NS CSB Bank (NSE) down 15.49% to ₹422.30 on 29 Jan 2026: watch ₹403

CSBBANK.NS stock led today’s top losers after CSB Bank Limited (NSE) closed at ₹422.30, down 15.49% from a previous close of ₹499.70 on 29 Jan 2026. Trading volume surged to 11,245,521.00 shares, far above the 50-day average. The one-day drop followed an earnings update and heavy intra-day selling, leaving the stock testing short-term support near the day low of ₹403.65. We outline why the move happened, what fundamentals and technicals show, and where analysts place price targets and risks for India’s regional bank in INR.

Market move summary: CSBBANK.NS stock sharp decline at close

CSBBANK.NS stock fell ₹77.40 or 15.49% to ₹422.30 on heavy volume of 11,245,521.00 shares. The stock opened at ₹505.95 and hit an intraday high of ₹535.55 before collapsing to a low of ₹403.65. This wide range and high relative volume reflect forced selling and profit-booking after the earnings announcement earlier this week.

Earnings and fundamentals: CSBBANK.NS stock financial snapshot

CSB Bank (CSBBANK.NS) reported fundamentals that show mixed strength. Trailing twelve-month EPS is 35.78 and the PE ratio stands at 11.80. Book value per share is 270.88 and price-to-book is 1.56. Market capitalization reads ₹73,263,137,800.00 and shares outstanding are 173,486,000.00. The bank’s net profit margin is 11.84% and return on equity is 13.93%, indicating solid profitability despite today’s sell-off.

Technical analysis: CSBBANK.NS stock support, resistance and indicators

Technicals show the stock breaking key short-term support. The 50-day average is ₹444.14 and the 200-day average is ₹402.35. Bollinger middle band sits at ₹446.50 with a lower band at ₹341.17. RSI is 65.13, ADX 41.67 indicating a strong trend, and MACD histogram is positive but weakening. Immediate support is the day low ₹403.65 and stronger support sits near the 200-day average. Resistance is near the intraday high ₹535.55 and the Bollinger middle band.

Meyka AI grade and consensus: CSBBANK.NS stock rating and notes

Meyka AI rates CSBBANK.NS with a score out of 100: 75.12 (Grade B+, Suggestion: BUY). This grade factors in S&P 500 comparison, sector performance, financial growth, key metrics, and analyst consensus. Independent company screening shows a company rating of B- with a Neutral recommendation from external models. Investors should weigh Meyka AI’s model score against recent volatility and the external rating divergence.

Forecast and price targets: CSBBANK.NS stock outlook from Meyka AI

Meyka AI’s forecast model projects a monthly target of ₹491.02, a quarterly target of ₹514.59, and a yearly projection of ₹437.01. Compared with the closing price of ₹422.30, the one-year projection implies an upside of 3.48%, while the monthly model implies upside of 16.28%. Forecasts are model-based projections and not guarantees. Short-term traders should treat the monthly and quarterly targets as resistance zones rather than assured outcomes.

Risks and sector context: CSBBANK.NS stock in India Financial Services

CSBBANK.NS stock sits in the Banks – Regional industry within India’s Financial Services sector. The sector’s average PE is 31.41 and average PB is 2.70, placing CSB’s valuation below sector averages on PE and PB. Key risks include rising credit costs, higher debt-to-equity (0.92) relative to peers, and liquidity sensitivity given negative short-term cash flow metrics. Sector performance this month is weak, increasing downside pressure on smaller regional banks.

Final Thoughts

CSBBANK.NS stock was the top loser at market close on 29 Jan 2026 after a sharp intraday reversal drove the price to ₹422.30, down 15.49%. The drop paired heavy volume of 11,245,521.00 and a breach of short-term support, highlighting liquidity-driven selling. Fundamentals remain mixed: EPS 35.78, PE 11.80, PB 1.56, and ROE 13.93%. Meyka AI’s forecast model gives a one-year projection of ₹437.01, implying modest upside of 3.48% from today’s close; the monthly and quarterly models suggest higher near-term resistance at ₹491.02 and ₹514.59. Meyka AI rates the stock 75.12/100 (B+, BUY), while external screening shows a B- / Neutral signal. Traders should watch ₹403.65 and the 200-day average ₹402.35 for support, and treat intraday rallies below ₹514.59 as potential supply zones. Forecasts are model-based projections and not guarantees. For the company web page, see CSB Bank and for the Meyka stock dashboard see CSBBANK.NS on Meyka.

FAQs

Disclaimer:

Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.