🏦 City Union Bank Hits 28-Month High 🚀 | Stock Jumps 2% to ₹195, Up 10% in May

📈 Key Highlights:

• 📅 May 14: Stock climbs 2% to ₹195 — highest since Dec 2022
• 🔺 Up 10% in May, extending its rally for the third straight session
• 📊 Stock nearing its record high of ₹249.35 (Jan 2020)

💼 What’s Fueling the Rally?

• ✅ Strong March quarter results:
  • 🧾 13% YoY rise in net profit
  • 📲 Growth backed by digital transformation and improving investor sentiment
• 💸 Brokerage Boost:
  • Axis Securities: Target ₹225 | 🔒 Buy
  • IDBI Capital: Target ₹215 | 🔒 Buy
  • Anand Rathi: Target ₹218 | 🔒 Buy
  • Prabhudas Lilladher: Raised from ₹200 to ₹210 | 🔒 Buy

📌 Performance Snapshot:

• 🌿 April: +12.33%
• 🌼 March: +6.35%
• 🌞 May (so far): +10%

➡️ Momentum remains strong with analysts optimistic about continued upside!

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