The deal, executed via open market bulk trades on Thursday, involved the acquisition of more than 31 lakh shares at an average price of Rs 250.57 apiece, representing a near 2% discount to the previous close.
Societe Generale reportedly bought over 32.78 lakh shares in one transaction while offloading 1.29 lakh shares at Rs 251.19 each in another, resulting in a net buyer position.
RBL Bank’s stock ended Thursday’s session at Rs 251.65 on the BSE, down Rs 3.30 or 1.3%, amid broader market weakness triggered by global cues and monthly expiry volatility.
The development comes at a time when RBL Bank shares have delivered a 10.6% return over the past year, significantly outperforming benchmark indices. The stock has also surged around 59.5% year-to-date, placing it among the top gainers in the banking space.
Technically, it is trading above its 200-day simple moving average of Rs 1,867.4, but below the 50-day SMA, suggesting mixed signals in terms of trend momentum. Volatility also remains high, with a one-year beta of 1.2.
RBL Bank Q1 results
For the first quarter of FY26, the bank’s standalone net profit for the quarter ended June 2025 came in at Rs 200.33 crore, down 46% year-on-year, largely due to weak interest income and elevated operating costs.
The Net Interest Income (NII) declined 13% YoY to Rs 1,481 crore, while the Net Interest Margin (NIM) fell to 4.50%, down from the previous quarter. Operating profit dropped 18% YoY to Rs 703 crore, with the bank citing a reduction in unsecured lending and the impact of the recent repo rate cut as key drags.
Operating expenses, meanwhile, rose 12% YoY to Rs 1,847 crore.
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