CSB Bank surges 16% in a weak market, hits fresh 52-week high

Shares of CSB Bank, on Friday, rallied 16 per cent to a fresh 52-week high of Rs 273.95 on the BSE in an otherwise weak market on the back of heavy volumes. The stock surpassed its previous 52-week high of Rs 270, touched on November 10, 2020. It hit an all-time high level of Rs 314 on December 5, 2019.

At 02:50 pm, CSB Bank was trading 12 per cent higher at Rs 265, against 1.07 per cent decline in the S&P BSE Sensex. The trading volumes on the counter jumped more than 10-fold with a combined 3.5 million