CENTRALBK.NS Central Bank of India NSE 16 Jan 2026 INR 38.29: Earnings hint upside

The CENTRALBK.NS stock closed at INR 38.29 on the NSE on 16 Jan 2026 after an earnings update that kept attention on valuation. Today’s move of +1.54% came with volume of 11,056,420.00 shares, above the three‑month average. Investors will weigh a low PE of 7.42 and book value near INR 42.67 against 2026 guidance. We focus on the earnings drivers, valuation, technical signals and realistic price targets for traders and investors.

Earnings snapshot and immediate market reaction for CENTRALBK.NS stock

Central Bank of India reported results that supported the stock’s close at INR 38.29. The company shows EPS 5.16 and an earnings announcement dated 16 Jan 2026. Market response was modest with a 1.54% gain and volume 11,056,420.00, signalling active trading but not a runaway move.

Valuation and fundamentals: CENTRALBK.NS analysis

CENTRALBK.NS stock trades at PE 7.42 and PB 0.90, below the Financial Services sector averages. Return on equity is 12.41% and book value per share is INR 42.67, which supports a value case. Dividend per share is 0.5875 and dividend yield near 1.53%, adding income support for long term holders.

Technical snapshot and short-term CENTRALBK.NS price targets

Momentum indicators show neutral tone: RSI 44.39 and MACD histogram small positive. Bollinger upper band sits at INR 38.77, which is an immediate upside hurdle. Suggested tiers: conservative INR 40.00, base INR 45.00, and aggressive INR 55.50 (year high). These targets imply +4.45%, +17.59% and +44.95% from the close of INR 38.29 respectively.

Meyka AI grade and CENTRALBK.NS forecast

Meyka AI rates CENTRALBK.NS with a score out of 100: 73.46 | Grade: B+ | Suggestion: BUY. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Meyka AI’s forecast model projects a 1‑year price of INR 36.87, an implied -3.72% from the current INR 38.29; forecasts are model‑based projections and not guarantees. See the company site for filings Central Bank of India and the data summary FinancialModelingPrep. Meyka is an AI‑powered market analysis platform used for this view.

Risks, catalysts and sector context for CENTRALBK.NS stock

Key risks include higher credit costs and margin compression; interest coverage is modest at 0.32. Catalysts include pickup in retail loans and improved asset quality. The Financial Services sector is flat YTD and averages PE ~32.95; CENTRALBK.NS’s lower PE positions it as a value play if fundamentals hold.

Final Thoughts

CENTRALBK.NS stock closed at INR 38.29 after earnings on 16 Jan 2026. The report underlines steady earnings power (EPS 5.16) and a low valuation (PE 7.42, PB 0.90), which supports a selective buy thesis for value investors. Technicals are mixed; short‑term resistance is around INR 38.77 while a clean break above INR 40.00 would validate a base target of INR 45.00. Meyka AI’s forecast model projects INR 36.87 in one year, implying -3.72% vs today’s price; our scenario targets show upside to INR 45.00 assuming improving asset quality and loan growth. These are model‑based projections, not guarantees. We remind readers that Meyka AI grades are informational and not financial advice. For quick access to live quotes and filings see the company site and the data summary links in this report, or check the CENTRALBK.NS stock page on Meyka for real‑time updates.

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.