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Did City Union Bank share price really crash 23% in today's trade? Here's what happened
City Union Bank shares plunged over 23% on June 12 due to a 1:3 bonus issue adjustment. Despite the apparent drop, shares rose 8% post-adjustment, reflecting positive investor sentiment. This bonus issue is the bank's first in eight years.
Banking shares in demand; HDFC Bank, BoB, Union Bank gain up to 3%
In the past one week, the Nifty Bank outperformed the market by gaining nearly 3%, as against 0.05% decline in the Nifty 50.
Did City Union Bank shares really crash 23% in one day? Here's how the bonus math works
City Union Bank shares appeared to fall 23% after turning ex-bonus following its 1:3 bonus issue, but the decline was purely technical. Adjusted prices show the stock actually gained on the day. The move reflects share price recalibration, not value erosion, while the bank continues to post steady financial performance.
Did City Union Bank Shares Really Crash 22% Today? Here's The Real Reason
City Union Bank shares fell 22.8% to Rs 198.25 on June 12
Bonus bonanza! Last date to buy City Union Bank shares for 1:3 reward
City Union Bank Bonus Issue: June 11 is the last day for investors to buy shares of City Union Bank to qualify for its 1:3 bonus issue, as the record date has been fixed for June 12. Under SEBI’s T+1 settlement cycle, shares purchased today will be credited to investors’ demat accounts by the record date, making them eligible to receive one bonus share for every three shares held.
Union Bank of India share price falls over 1%. How to trade in the PSU stock? - Mint
Union Bank of India share price falls over 1%. How to trade in the PSU stock?Mint
Bajaj Finserv to Union Bank - Jay Thakkar suggests 3 stocks to buy or sell for short-term in F&O segment - Mint
Bajaj Finserv to Union Bank - Jay Thakkar suggests 3 stocks to buy or sell for short-term in F&O segmentMint
Trade Spotlight: How should you trade Union Bank of India, LIC Housing Finance, Bank of Maharashtra,... - Moneycontrol.com
Trade Spotlight: How should you trade Union Bank of India, LIC Housing Finance, Bank of Maharashtra,...Moneycontrol.com
State Bank of India hands over Rs 8,813 cr dividend cheque to government for FY26
SBI presented a dividend cheque of Rs 8,813 crore for the financial year 2025-26 to Union Finance Minister Nirmala Sitharaman. This payout follows SBI's strong financial performance for FY26. The bank reported a net profit of Rs 80,032 crore and an operating profit of Rs 1,23,015 crore. SBI's overall business crossed Rs 109 trillion during the year.
Unseen Jet-Powered Drones, Kheibar Shekan Ballistic Missiles: Breaking Down Iran's Overnight Attack On Israel
People take their photos beside the wreckage of an Iranian missile that landed near the West Bank city of Jericho on Monday.
Talent fight heats up in India finance hub as two chiefs quit
GIFT City, India's international finance hub, is experiencing intense competition for talent as two foreign bank chiefs have recently resigned. Taral Shah of DBS Bank and Saiju Gandhi of Standard Chartered have left their roles, highlighting a challenge for the growing hub. This comes as global banks expand their presence, attracted by tax incentives and a lighter regulatory framework.
City Union Bank to attend India Corporate Day Singapore 2026 - scanx.trade
City Union Bank to attend India Corporate Day Singapore 2026scanx.trade