Karnataka Bank Share Price
Start SIP in Karnataka Bank
Start SIPKarnataka Bank Performance
Day Range
- Low 231
- High 237
52 Week Range
- Low 192
- High 287
- Open Price237
- Previous Close239
- Volume1930962
Karnataka Bank Investment Rating
-
Master Rating:
-
Karnataka Bank (Nse) has an operating revenue of Rs. 9,891.88 Cr. on a trailing 12-month basis. An annual revenue growth of 17% is outstanding, Pre-tax margin of 16% is great, ROE of 12% is good. The stock from a technical standpoint is trading close to its 200DMA and around 5% above its 50DMA. It needs to stay above the 200DMA levels to make any further meaningful move. It is currently FORMING a base in its weekly chart and is trading around 16% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 58 which is a POOR score indicating inconsistency in earnings, a RS Rating of 29 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at A- which is evident from recent demand for the stock, Group Rank of 148 indicates it belongs to a poor industry group of Banks-Money Center and a Master Score of C is fair but needs to improve. Institutional holding has declined in the last reported quarter is a negative sign. Overall, the stock has poor technical strength and poor fundamentals, there are superior stocks in the current market environment.
EPS Strength
Price Strength
Buyer Demand
Group Rank
| Indicator | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 |
|---|---|---|---|---|---|---|
| Oper Rev Qtr Cr | 2,278 | 2,201 | 2,113 | 2,027 | 1,959 | 1,969 |
| Operating Expenses Qtr Cr | 624 | 754 | 613 | 550 | 537 | 570 |
| Operating Profit Qtr Cr | 559 | 500 | 540 | 522 | 601 | 686 |
| Depreciation Qtr Cr | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Qtr Cr | 1,375 | 1,367 | 1,285 | 1,204 | 1,144 | 1,109 |
| Tax Qtr Cr | 118 | 41 | 65 | 72 | 79 | 79 |
| Net Profit Qtr Cr | 400 | 274 | 331 | 330 | 371 | 354 |
Karnataka Bank Technicals
EMA & SMA
- Bullish Moving Average
- ___
- 10
- Bearish Moving Average
- ___
- 6
- 20 Day
- ₹232.29
- 50 Day
- ₹228.49
- 100 Day
- ₹227.23
- 200 Day
- ₹223.82
- 20 Day
- ₹230.89
- 50 Day
- ₹227.42
- 100 Day
- ₹224.17
- 200 Day
- ₹231.81
Karnataka Bank Resistance and Support
| Resistance | |
|---|---|
| First Resistance | 235.61 |
| Second Resistance | 239.20 |
| Third Resistance | 241.40 |
| RSI | 51.32 |
| MFI | 63.49 |
| MACD Single Line | 2.99 |
| MACD | 3.14 |
| Support | |
|---|---|
| First Support | 229.82 |
| Second Support | 227.62 |
| Third Supoort | 224.03 |
Karnataka Bank Delivery and Volume
| Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
|---|---|---|---|
| Day | 1,990,999 | 128,558,805 | 64.57 |
| Week | 1,803,400 | 109,881,177 | 60.93 |
| 1 Month | 2,271,142 | 134,565,161 | 59.25 |
| 6 Month | 2,189,636 | 128,444,052 | 58.66 |
Karnataka Bank Result Highlights
Karnataka Bank Synopsis
NSE-Banks-Money Center
Karnataka Bank is involved in the business activities of Monetary intermediation of commercial banks, saving banks. postal savings bank and discount houses. Company’s Total Operating Revenue is Rs. 8298.51 Cr. and Equity Capital is Rs. 377.26 Cr. for the Year ended 31/03/2024. Karnataka Bank Ltd. is a Public Limited Listed company incorporated on 18/02/1924 and has its registered office in the State of Karnataka, India. Company’s Corporate Identification Number(CIN) is L85110KA1924PLC001128 and registration number is 001128.| Market Cap | 9,044 |
| Sales | 9,892 |
| Shares in Float | 37.77 |
| No of funds | 212 |
| Yield | 2.3 |
| Book Value | 0.87 |
| U/D Vol ratio | 1.3 |
| LTDebt / Equity | 41 |
| Alpha | -0.15 |
| Beta | 1.09 |
Karnataka Bank Shareholding Pattern
| Owner Name | Jun-24 | Mar-24 | Dec-23 |
|---|---|---|---|
| Promoters | |||
| Mutual Funds | 9.21% | 9.74% | 5.83% |
| Insurance Companies | 13.36% | 13.3% | 11.78% |
| Foreign Portfolio Investors | 14.72% | 18.86% | 19.03% |
| Financial Institutions/ Banks | |||
| Individual Investors | 55.98% | 52.34% | 56.76% |
| Others | 6.73% | 5.76% | 6.6% |
Karnataka Bank Management
| Name | Designation |
|---|---|
| Mr. P Pradeep Kumar | Chairman & Ind.Director |
| Mr. H Srikrishnan | Managing Director & CEO |
| Mr. Sekhar Rao | Executive Director |
| Mr. B R Ashok | Non Executive Director |
| Mr. S Balakrishna Alse | Independent Director |
| Mr. H V Harish | Independent Director |
| Justice A V Chandrashekar | Independent Director |
| Mrs. Uma Shankar | Independent Director |
| Dr. D S Ravindran | Independent Director |
| Mr. Jeevandas Narayan | Independent Director |
| Mr. K Gururaj Acharya | Independent Director |
Karnataka Bank Forecast
Price Estimates
Karnataka Bank Corporate Action
| Date | Purpose | Remarks |
|---|---|---|
| 2024-07-24 | Quarterly Results | |
| 2024-05-24 | Audited Results & Final Dividend | |
| 2024-03-27 | Others | Inter alia, for considering and approving the Issue Price for the Equity Shares to be allotted to Qualified Institutional Buyers. per share(18%)Dividend |
| 2024-01-27 | Preferential issue of shares | |
| 2024-01-23 | Quarterly Results |
| Date | Purpose | Remarks |
|---|---|---|
| 2024-09-03 | FINAL | Rs.5.50 per share(55%)Final Dividend |
| 2023-08-22 | FINAL | Rs.5.00 per share(50%)Final Dividend |
| 2022-08-19 | FINAL | Rs.4.00 per share(40%)Final Dividend |
| 2021-08-20 | FINAL | Rs.1.80 per share(18%)Dividend |
About Karnataka Bank
Karnataka Bank FAQs
What is Share Price of Karnataka Bank ?
Karnataka Bank share price is ₹232 As on 03 October, 2024 | 19:45
What is the Market Cap of Karnataka Bank ?
The Market Cap of Karnataka Bank is ₹8762.7 Cr As on 03 October, 2024 | 19:45
What is the P/E ratio of Karnataka Bank ?
The P/E ratio of Karnataka Bank is 6.6 As on 03 October, 2024 | 19:45
What is the PB ratio of Karnataka Bank ?
The PB ratio of Karnataka Bank is 0.8 As on 03 October, 2024 | 19:45
What are the most important metrics that can help to analyze the share price of Karnataka Bank?
Key metrics to analyze Karnataka Bank's share price include earnings per share, P/E ratio, net interest margin or NIM, asset quality (NPA ratio), return on assets, return on equity and capital adequacy ratio (CAR). Market trends and regulatory changes also impact share price.
How to Invest in Karnataka Bank?
To buy shares of Karnataka Bank, you need an account with a brokerage firm that operates on the NSE and BSE, where the company is listed. You can open an account with 5paisa to buy Karnataka Bank's shares.