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Shares of Central Bank of India fell as much as 9 per cent to Rs 25.05, a record low.
The public sector lender posted a March-quarter loss of Rs 2,477 crore compared to a loss of Rs 2,114 crore last year ($352.35 million) on Wednesday, while provisions and contingencies rose by 19.2 per cent.
About 3,89,640 shares changed hands in early trading hours, compared with the 30-day average of 6,89,297 shares.
The shares are down ~25 per cent this year, while its peer Bank of Baroda Ltd is lower by 9.3 per cent, while Punjab National Bank has risen 5.4 per cent as of last close.
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