Central Bank of India Share Price Target 2026: Stock Analysis, Share Price Today, Bull Case and Bear Case After Q1 FY27
- May 12, 2026
- Posted by: Chaitanya Auti
- Category: News
Central Bank of India Rs 30.10 (5 Oct 2026). 52-week range Rs 29.32 to Rs 40.92. Q1 FY27 profit Rs 1,324 cr. Gross NPA 2.60%. P/B 0.73x.
Quick Answer
The Central Bank of India share price target for 2026 is Rs 32 to Rs 37, which is 6 to 23 percent above the latest price of Rs 30.10, with bull and bear cases of Rs 42 to Rs 46 and Rs 22 to Rs 26. Central Bank of India reported Q1 FY27 profit of Rs 1,324 crore, up 13 percent, with net interest income up 15.7 percent to Rs 3,914 crore, advances up 28.6 percent and gross NPA down to 2.60 percent from 3.13 percent. The stock trades at 5.9 times earnings and 0.73 times book value against an industry P/E of 11.8, is down about 20 percent in a year, and fell about 3 percent after the results. No brokerage price target was available on the sources we track as of 5 October 2026, so every range below is a Univest research scenario.
The Central Bank of India share price target for 2026 is Rs 32 to Rs 37 in the Univest base case, with the stock at Rs 30.10 as of about 1:12 PM IST on 5 October 2026. That is 26.4 percent below its 52-week high of Rs 40.92 and 2.7 percent above its 52-week low of Rs 29.32, and the stock moved down 20.4 percent over the past year. Central Bank of India is a public sector bank with global advances of Rs 3.54 lakh crore and a CASA ratio of 46.6 percent. Return on equity improved to 14.9 percent.
Three things changed since the last update: Q1 FY27 results on 17 July showed profit growth helped by lower tax, operating profit fell 5 percent, and the stock slipped to a low of Rs 29.76 in the week of 28 September. This Central Bank of India stock analysis covers the Central Bank of India share price today, the Central Bank of India share price target for 2026, 2027 and 2030, the Q1 FY27 numbers, catalysts and risks, key price levels and a Central Bank of India buy or sell view.
Click Here – Get Free Investment Predictions
What Is the Central Bank of India Share Price Target for 2026?
The 2026 target for Central Bank of India shares is Rs 32 to Rs 37 in the Univest base case, which is +6.3% to +22.9% against the latest price. The bull case is Rs 42 to Rs 46 and the bear case is Rs 22 to Rs 26. No brokerage price target was available on the sources we track as of 5 October 2026, so every range below is a Univest research scenario. Analyst consensus is used as a cross-check, not as the base.
Central Bank of India Share Price Target Scenarios: Bull Case, Base Case and Bear Case
| Scenario | FY28E EPS | Target Multiple | Price Target (Rs) | Move vs Rs 30.10 |
|---|---|---|---|---|
| Bull Case | Rs 7.20 | 5.8x to 6.4x | 42 to 46 | +39.5% to +52.8% |
| Base Case | Rs 6.20 | 5.2x to 6.0x | 32 to 37 | +6.3% to +22.9% |
| Bear Case | Rs 5 | 4.5x to 5.2x | 22 to 26 | -26.9% to -13.6% |
FY28 EPS of Rs 6.20 in the base case is above trailing EPS of Rs 5.05 and the Q1 FY27 annualised figure of about Rs 5.9, assuming loan growth above 20 percent and a tax rate that normalises. The target multiples equal 0.8 to 0.9 times book value in the base case, and the bear case assumes margin falls and tax rises. The PE multiple used for each case is shown in the table, and the EPS estimate is a Univest assumption, not company guidance. Those assumptions set the Central Bank of India share price target range around the current price.
Central Bank of India Company Overview and Share Price Today as of 5 October 2026
Central Bank of India share price today is Rs 30.10 on the NSE at about 1:12 PM IST on 5 October 2026, and it changes through the session. The market capitalisation is Rs 27,163 crore, and the stock trades at 5.9 times earnings against an industry average of 11.8 times. The Univest base case Central Bank of India share price target of Rs 32 to Rs 37 is +6.3% to +22.9% from here. The table below sets out the key numbers behind the Central Bank of India share price target.
| Parameter | Value | Context |
|---|---|---|
| NSE Ticker | CENTRALBK | BSE code 532885 |
| Sector | Public sector banking | Per Univest sector classification |
| Latest Price (NSE) | Rs 30.10 | 5 Oct 2026, 1:12 PM IST |
| 52-Week High | Rs 40.92 | CMP is 26.4% below |
| 52-Week Low | Rs 29.32 | CMP is 2.7% above |
| 1-Year Return | About -20% | Weekly close Rs 37.80 on 3 Oct 2025 to Rs 30.10 |
| Market Capitalisation | Rs 27,163 crore | Mid cap public sector bank |
| Trailing P/E | About 5.9x | Industry P/E about 11.8x |
| P/B Ratio | About 0.73x | Book value Rs 40.98 per share |
| EPS (TTM) | Rs 5.05 | Trailing twelve months |
| Return on Equity | About 12.3% | Debt to equity Not applicable (bank) |
| Dividend Yield | About 6.0% trailing | Sources differ on the latest yield |
| 12-Month Target (Base Case) | Rs 32 to Rs 37 | Univest base case |
| Bull Case | Rs 42 to Rs 46 | +39.5% to +52.8% |
| Bear Case | Rs 22 to Rs 26 | -26.9% to -13.6% |
Track live price, fundamentals and results for Central Bank of India on the Univest Screener.
How Did Central Bank of India Perform in Q1 FY27?
Central Bank of India reported Q1 FY27 standalone net profit of Rs 1,324 crore, up 13.26 percent, on net interest income of Rs 3,914 crore, up 15.7 percent. Operating profit fell 5.1 percent to Rs 2,186 crore, and a 25 percent fall in tax outgo supported the profit. Together these Q1 FY27 numbers anchor the Central Bank of India share price target.
| Metric | Q1 FY27 | Context |
|---|---|---|
| Standalone Net Profit | Rs 1,324 crore | Up 13.26% |
| Net Interest Income | Rs 3,914 crore | Up 15.7%; NIM 3.06% |
| Operating Profit | Rs 2,186 crore | Down 5.1% |
| Gross NPA | 2.60% | Against 3.13%; net NPA 0.49% |
| Global Advances | Rs 3.54 lakh crore | Up 28.58% |
| Return on Equity | 14.92% | Provision coverage 95.86% |
Management expects to recover Rs 2,200 to 2,500 crore from technically written-off accounts in FY27, and credit cost was 0.40 percent. Capital adequacy is 18.28 percent, and the bank has moved out of the RBI’s Prompt Corrective Action framework. The FY27 outlook from management is the main input for these estimates. These numbers sit behind every range in the scenario table above, so they anchor the Central Bank of India share price target.
Why Is Central Bank of India Share Price Down 20 Percent in a Year?
Central Bank of India shares are down about 20 percent in a year because operating profit is falling and the market is wary of margin and tax-driven earnings. The stock fell from Rs 40.92 in the week of 23 February 2026 to Rs 29.32 in the week of 1 June, with 13.1 crore shares traded in the week of 18 May.
It has since stayed between Rs 29.3 and Rs 34.5 and closed at Rs 30.10, about 0.7 times book value. A weak Q4 FY26 profit of Rs 724 crore added to the discount. The Central Bank of India share price target scenarios below account for that move.
Key Catalysts for the Central Bank of India Share Price Target in 2026
4 catalysts matter most for the Central Bank of India share price target, and sector tailwinds in Public sector banking are part of the case. Together they decide whether the base case is reached.
1. Loan Growth
Global advances grew 28.58 percent to Rs 3.54 lakh crore, well above the system. Strong growth lifts net interest income. If it plays out, the Central Bank of India share price target moves toward the top of the base range.
2. Asset Quality Gains
Gross NPA fell 53 basis points to 2.60 percent and slippages were only 0.29 percent. Lower provisions support profit. Strength here would support the upper end of the Central Bank of India share price target.
3. Recoveries
Management expects Rs 2,200 to 2,500 crore of recoveries from written-off accounts in FY27. Recoveries add to profit without new loans. Delivery on this point keeps the Central Bank of India share price target on track.
4. Valuation Below Book
The stock trades at 0.73 times book value and 5.9 times earnings against an industry average of 11.8 times. A re-rating toward 0.9 times book would lift the price. Better news here would lift the Central Bank of India share price target toward the bull case.
What Are the Key Risks to the Central Bank of India Share Price Target?
The main risks are falling operating profit, a normalising tax rate, margin and a government stake sale. Each can pull the Central Bank of India share price target lower.
Falling Operating Profit
Operating profit fell 5.1 percent and profit growth leaned on a tax fall of 25 percent. A normal tax rate would cut growth. If it materialises, the Central Bank of India share price target would slip toward the bear case.
Margin
NIM was 3.06 percent and cost of deposits eased 33 basis points to 4.60 percent. Rate competition could narrow margin. This is the main downside risk to the Central Bank of India share price target.
Asset Quality
Gross NPA is still 2.60 percent, higher than larger peers. A rise in slippages would lift credit cost above 0.4 percent. A worsening here would cut the Central Bank of India share price target toward the low end of the range.
Stake Sale Overhang
The government holds a large majority stake, and any sale adds supply. A large sale would pressure the price. Watch it closely, because it can pull the Central Bank of India share price target lower quickly.
Central Bank of India Stock Analysis: Support and Resistance Levels for the Share Price Target
Central Bank of India stock analysis on weekly charts shows a range of Rs 29.3 to Rs 34.5 since June, with the stock near the lower end.
The first support level is Rs 29.76 to Rs 30, the low of the week of 28 September and today’s low. Below that, Rs 29.32 is the 52-week low, and a weekly close under Rs 29.3 would weaken the base.
The first resistance level is Rs 31.1 to Rs 31.8, the highs of the weeks of 14 and 21 September. Above that, Rs 32.4 to Rs 34.5 marks the June and July highs. These levels come from weekly price action, are not trade recommendations, and frame the near-term Central Bank of India share price target.
Central Bank of India Share Price Target 2026, 2027 and 2030: Short, Medium and Long Term
Short-Term Central Bank of India Share Price Target (3 to 6 Months)
In the near term the stock is likely to trade between Rs 29.3 and Rs 32.4, from the 52-week low to the mid-September high. A close above Rs 32.4 would put Rs 34.5 in play, while a break under Rs 29.3 would open a fresh leg lower. The Q2 FY27 results are the main trigger. This range anchors the near-term Central Bank of India share price target.
12-Month and 2027 Central Bank of India Share Price Target
The 12-month target price is Rs 32 to Rs 37, valued on 5.2 to 6.0 times FY28 EPS of Rs 6.20. The range across scenarios runs from Rs 22 in the bear case to Rs 46 in the bull case.
Long-Term Central Bank of India Share Price Target for FY29 to 2030
For FY29 to 2030 the Univest scenario range is Rs 44 to Rs 62. This assumes EPS of Rs 8 in FY29 and Rs 9.50 in FY30 and a multiple of 5.5 to 6.5 times. It needs loan growth above 18 percent and return on assets near 1 percent. This is the long-term Central Bank of India share price target in the Univest scenarios.
Bull Case and Bear Case for Central Bank of India Share Price Target
Bull Case Rs 42 to Rs 46
The bull case of Rs 42 to Rs 46 for the Central Bank of India share price target needs EPS of Rs 7.20 and the market to pay 5.8 to 6.4 times for it. It is +39.5% to +52.8% from the latest price.
Bear Case Rs 22 to Rs 26
The bear case of Rs 22 to Rs 26 for the Central Bank of India share price target equals 4.5 to 5.2 times FY28 EPS of Rs 5 and sits below the Rs 29.32 low. It is -26.9% to -13.6% from the latest price.
Is Central Bank of India a Good Buy at Rs 30.10? Central Bank of India Buy or Sell View
Whether Central Bank of India is a buy at Rs 30.10 depends on horizon and risk appetite. The base case implies 6 to 23 percent from here, the stock trades at 0.73 times book value, and the open question is core profit. The Central Bank of India share price target range is the starting point for that decision.
Long-term holders may focus on asset quality, loan growth and the discount to book, and treat Rs 29.3 as the level to watch. Short-term traders may prefer to wait for a close above Rs 32.4. Check institutional holding in the September quarter filing for signs of accumulation or selling. Consult a SEBI-registered advisor before acting, since this Central Bank of India buy or sell view is educational.
How to Invest in Central Bank of India Shares
Step 1: Check the live price, valuation and the latest Central Bank of India share price target range on the Univest Screener.
Step 2: Open a demat and trading account with a SEBI-registered broker such as Univest before acting on any Central Bank of India share price target.
Step 3: Search for CENTRALBK on the NSE or 532885 on the BSE in your trading app.
Step 4: Place a limit order near your planned entry and size the position so a fall to Rs 22 is bearable.
Step 5: Track margin, operating profit and Q2 FY27 results and set price alerts on the Univest App to follow any change in the Central Bank of India share price target.
Conclusion
Central Bank of India closed at Rs 30.10 against a Univest base case share price target of Rs 32 to Rs 37, a bull case of Rs 42 to Rs 46 and a bear case of Rs 22 to Rs 26. Q1 FY27 delivered a 13.26 percent profit rise to Rs 1,324 crore, with advances up 28.58 percent and gross NPA at 2.60 percent. The main risks are falling operating profit, tax and margin.
The stock is 26 percent below its 52-week high, so the base case implies roughly 6 to 23 percent from here. The triggers to watch are core profit, the Q2 FY27 results and the Rs 29.3 and Rs 32.4 levels. Re-check the Central Bank of India share price target after each quarterly result. Investors with a long horizon and tolerance for volatility can track these triggers, while others may prefer to size positions carefully.
Download the Univest iOS App or Univest Android App to track Central Bank of India live price and get daily stock recommendations.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs on Central Bank of India Share Price Target 2026
What is the Central Bank of India share price target for 2026?
Ans. The Central Bank of India share price target for 2026 is Rs 32 to Rs 37 in the Univest base case, with a bull case of Rs 42 to Rs 46 and a bear case of Rs 22 to Rs 26. No brokerage price target was available on the sources we track as of 5 October 2026, so every range below is a Univest research scenario. These are estimates and can change after the Q2 FY27 results.
What is the Central Bank of India share price target for 2027?
Ans. The Central Bank of India share price target for 2027 is Rs 32 to Rs 37 in the base case, valued on 5.2 to 6.0 times FY28 EPS of Rs 6.20. The scenario range runs from Rs 22 to Rs 46.
Is Central Bank of India a good buy at Rs 30.10?
Ans. Whether Central Bank of India is a good buy at Rs 30.10 depends on your horizon, risk appetite and how you read the Central Bank of India share price target. Q1 FY27 profit rose 13 percent and asset quality is improving at 0.73 times book value, but operating profit fell and tax helped the result. Consult a SEBI-registered advisor before investing.
What are the key risks to the Central Bank of India share price target?
Ans. The key risks to the Central Bank of India share price target are falling operating profit, margin, asset quality and stake sale overhang. Operating profit fell 5.1 percent and profit growth leaned on a tax fall of 25 percent. A normal tax rate would cut growth.
What are the key catalysts for the Central Bank of India share price target?
Ans. The key catalysts for the Central Bank of India share price target are loan growth, asset quality gains, recoveries and valuation below book. Global advances grew 28.58 percent to Rs 3.54 lakh crore, well above the system. Strong growth lifts net interest income.
Where can I track Central Bank of India share price today and Central Bank of India share price target updates?
Ans. You can track the live Central Bank of India share price, results and any change to the Central Bank of India share price target on the Univest Screener and the Univest App. Download the Univest iOS App or Univest Android App for research from SEBI-registered analysts.
What are Central Bank of India’s 52-week high and low?
Ans. Central Bank of India’s 52-week high is Rs 40.92 and its 52-week low is Rs 29.32, based on weekly NSE data. At Rs 30.10 the stock is 26.4 percent below the high and 2.7 percent above the low. Both levels frame the Central Bank of India share price target.
How to buy Central Bank of India shares?
Ans. Open a demat account with a SEBI-registered broker such as Univest, search for CENTRALBK on the NSE or 532885 on the BSE, and place a limit order near your entry price, using the Central Bank of India share price target range as a guide. Size the position so a fall to Rs 22 is bearable, and check the live price on the Univest Screener first.