Karnataka Bank
Karnataka Bank Performance
Day Range
- Low 213.00
- High 216.50
52 Week Range
- Low 124.50
- High 257.70
- Open Price213.80
- Previous Close212.40
- Volume1230137
Start SIP in Karnataka Bank
Start SIPKarnataka Bank Investment Rating
-
Master Rating:
-
Karnataka Bank (Nse) has an operating revenue of Rs. 8,978.67 Cr. on a trailing 12-month basis. An annual revenue growth of 14% is good, Pre-tax margin of 18% is great, ROE of 15% is good. The stock from a technical standpoint is trading below to its 50DMA and around 16% up from its 200DMA. It needs to take out the 50DMA levels and stay above it to make any further meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 83 which is a GOOD score indicating consistency in earnings, a RS Rating of 60 which is FAIR indicating the recent price performance, Buyer Demand at B which is evident from recent demand for the stock, Group Rank of 154 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 gone up in the last reported quarter is a positive sign. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.
EPS Strength
Price Strength
Buyer Demand
Group Rank
Indicator | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 |
---|---|---|---|---|---|---|---|
Oper Rev Qtr Cr | 2,027 | 1,959 | 1,969 | 1,851 | 1,771 | 1,629 | 1,579 |
Operating Expenses Qtr Cr | 550 | 537 | 570 | 507 | 485 | 408 | 533 |
Operating Profit Qtr Cr | 522 | 601 | 686 | 532 | 578 | 413 | 380 |
Depreciation Qtr Cr | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Interest Qtr Cr | 1,204 | 1,144 | 1,109 | 1,016 | 968 | 942 | 922 |
Tax Qtr Cr | 72 | 79 | 79 | 66 | 180 | -64 | 154 |
Net Profit Qtr Cr | 330 | 371 | 354 | 301 | 412 | 114 | 130 |
Karnataka Bank Technicals
EMA & SMA

- Bullish Moving Average
- ___
- 6
- Bearish Moving Average
- ___
- 10
- 20 Day
- ₹220.02
- 50 Day
- ₹223.78
- 100 Day
- ₹215.00
- 200 Day
- ₹190.87
- 20 Day
- ₹218.64
- 50 Day
- ₹231.48
- 100 Day
- ₹223.96
- 200 Day
- ₹183.35
Karnataka Bank Resistance and Support
Resistance | |
---|---|
First Resistance | 216.87 |
Second Resistance | 218.43 |
Third Resistance | 220.37 |
RSI | 42.52 |
MFI | 54.88 |
MACD Single Line | -3.97 |
MACD | -4.11 |
Support | |
---|---|
First Resistance | 213.37 |
Second Resistance | 211.43 |
Third Resistance | 209.87 |
Karnataka Bank Delivery and Volume
Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
---|---|---|---|
Day | 1,310,083 | 70,914,793 | 54.13 |
Week | 1,179,150 | 66,940,317 | 56.77 |
1 Month | 1,819,112 | 84,115,737 | 46.24 |
6 Month | 3,316,495 | 124,468,047 | 37.53 |
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. 7220.23 Cr. and Equity Capital is Rs. 312.35 Cr. for the Year ended 31/03/2023. 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 | 7,440 |
Sales | 8,979 |
Shares in Float | 34.67 |
No of funds | 228 |
Yield | 2.35 |
Book Value | 0.86 |
U/D Vol ratio | 0.6 |
LTDebt / Equity | 19 |
Alpha | 0.11 |
Beta | 2.2 |
Karnataka Bank
Owner Name | Oct-23 | Sep-23 | Jun-23 | Mar-23 |
---|---|---|---|---|
Promoters | ||||
Mutual Funds | 5.56% | 3.8% | 0.79% | 0.52% |
Insurance Companies | 11.77% | 4.71% | 5.1% | 5.1% |
Foreign Portfolio Investors | 20.4% | 22.67% | 21.03% | 20.3% |
Financial Institutions/ Banks | ||||
Individual Investors | 56.15% | 62.03% | 65.05% | 66.23% |
Others | 6.12% | 6.79% | 8.03% | 7.85% |
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. Keshav Krishnarao Desai | 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. Kalmanje Gururaj Acharya | Independent Director |
Karnataka Bank Forecast
Price Estimates
Karnataka Bank Corporate Action
Date | Purpose | Remarks |
---|---|---|
2023-11-02 | Quarterly Results | |
2023-08-03 | Quarterly Results | |
2023-05-26 | Audited Results & Final Dividend | |
2023-02-02 | Quarterly Results | |
2022-11-01 | Quarterly Results |
Date | Purpose | Remarks |
---|---|---|
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 |
Karnataka Bank FAQs
What is Share Price of Karnataka Bank ?
Karnataka Bank share price is ₹215 As on 29 November, 2023 | 21:02
What is the Market Cap of Karnataka Bank ?
The Market Cap of Karnataka Bank is ₹7464 Cr As on 29 November, 2023 | 21:02
What is the P/E ratio of Karnataka Bank ?
The P/E ratio of Karnataka Bank is 5.5 As on 29 November, 2023 | 21:02
What is the PB ratio of Karnataka Bank ?
The PB ratio of Karnataka Bank is 1 As on 29 November, 2023 | 21:02