Karnataka bank share

Financials For the quarter ended 30-09-2022, the company reported a Consolidated Total Income of Rs 2031.09 Crore, up 15.28 % from last quarter Total Income of Rs 1761.87 Crore and up 17.74 % from last year same quarter Total Income of Rs 1725.09 Crore. The bank reported net profit after tax of Rs 411.47 Crore in latest quarter. • 3,577.75 11:06 AM | 15 Jun 2023 91.80 (2.63%) 2,507.00 11:06 AM | 15 Jun 2023 49.85 (2.03%) 5,109.00 11:06 AM | 15 Jun 2023 100.00 (2.00%) 4,792.05 11:06 AM | 15 Jun 2023 93.05 (1.98%) • 1,295.85 11:06 AM | 15 Jun 2023 -27.40 (-2.07%) 578.00 11:06 AM | 15 Jun 2023 -7.05 (-1.21%) 391.90 11:06 AM | 15 Jun 2023 -4.55 (-1.15%) 1,285.45 11:06 AM | 15 Jun 2023 -14.95 (-1.15%)

Shares of Karnataka Bank jumped more than 7 per cent on Thursday, extending their gains for the second straight session. The stock touched its 52-week high of Rs 123.05 during intraday deals. It finally settled 7.06 per cent higher at Rs 120.50 today on BSE. A total of 25.40 lakh shares changed hands amounting to a turnover of Rs 30.35 crore. The stock has zoomed over 28 per cent in just two trading sessions after the lender posted a record profit for the September quarter. The bank clocked a 228 per cent growth in the second quarter (Q2) profit, at Rs Rs 411.47 crore, compared to a profit of Rs 125.45 crore posted in the same period a year ago. The sharp surge in the quarterly profit was mainly on account of improved asset quality, healthy growth in advances, cost containment and efficiency enhancement efforts, the private lender said. "The counter has come out of long consolidation as well as an inverse head and shoulder pattern breakout in the longer timeframe with strong volume. The current structure of the counter looks fertile as it has traded above all important moving averages. On the higher side, Rs 125–130 is the susceptible level; above this, Rs 150 is the target for the near term, while on the lower side, Rs 90 is the critical support, said Pravesh Gour, Senior Technical Analyst, Swastika Investmart Ltd. Commenting on the Q2 performance, Managing Director & CEO of Karnataka Bank, Mahabaleshwara MS said: "Our all-time high Q2FY23 result represents the tipping ...

The Karnataka Bank Ltd.: Share Price, Stock Analysis, Annual Report | Value Research The Karnataka Bank Ltd.: Share Price, Stock Analysis, Annual Report | Value Research https://www.valueresearchonline.com/stocks/42900/the-karnataka-bank-ltd/ Get The Karnataka Bank Ltd.'s stock analysis, price valuation, corporate actions, and financials from India's independent mutual fund research house. Business The Karnataka Bank Limited provides personal and business banking products and services in India. It operates through four segments: Treasury Operations, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations. The company offers savings and current accounts; fixed, cash certificate, and recurring deposits; and non-resident rupee, ordinary non-resident, foreign currency, and resident foreign currency accounts, as well as non-resident Indian priority banking services. It also provides loan products, including vehicle, home, education, personal, MSME, mortgage, women entrepreneur, gold, and other loans, as well as loans against property. In addition, the company offers debit, credit, gift, deposit only, and image cards; life, general, and health insurance products; investment products; remittance and other services; and forex services comprising pre and post-shipment, export collection bills, export LC advising, inward remittance facility, import letter of credit, import bill collection, buyer's credit, and outward remittances. Further, it provides point of sale ...