Karnataka Bank trades in green on BSE

10 Mar 2015 Evaluate

The Karnataka Bank is currently trading at Rs. 131.45, up by 1.50 points or 1.15% from its previous closing of Rs. 129.95 on the BSE.

The scrip opened at Rs. 130.70 and has touched a high and low of Rs. 132.15 and Rs. 129.65 respectively. So far 44761 shares were traded on the counter.

The BSE group 'A ' stock of face value Rs. 10 has touched a 52 week high of Rs. 157.20 on 03-Dec-2014 and a 52 week low of Rs. 104.35 on 14-Mar-2014.

Last one week high and low of the scrip stood at Rs. 144.00 and Rs. 129.60 respectively. The current market cap of the company is Rs. 2487.46 crore.

The Institutions holding in the company stood at 31.10% while Non-Institutions held 68.90% of the stake.

Karnataka Bank, one of the leading private sector banks of India, has inaugurates its 900th Moneyplant ATM at its newly opened Branch at Thanjavur in state of Tamil Nadu on March 04, 2015. The bank plans to increase its ATM count to 1000 by the end of March 2015.

In line with the Government’s Digital India Initiative, the bank aims at digitally empowering the citizens of the country through its ATMs and other digital banking infrastructure without compromising on quality and security, to safeguard the interests of its customers and the public and to provide them a safe digital banking environment.

The bank has registered a marginal gain of 0.22% in its net profit at Rs 106.94 crore for third quarter ended December 31, 2014 under review as compared to Rs 106.70 crore for the same quarter in the previous year. Total income of the bank has increased 17.09% at Rs 1364.69 crore for Q3FY15 as compared Rs 1165.54 crore for the corresponding quarter previous year.

Gross non-performing assets (NPAs) improved to 3.44% in the October- December quarter as against 3.65% in the same quarter previous year, while net NPAs stood at 2.41%.

Karnataka Bank Share Price

218.75 3.40 (1.58%)
05-Nov-2024 00:00 View Price Chart
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