karur vysya bank share:

This stock included in Rakesh Jhunjhunwala's portfolio gained four percent during trading on Friday.

Shares of karur vysya bank jumped 4% to Rs 63.35 during trading on BSE. This is its highest level in two years.

The result of karur vysya bank was excellent in the June quarter of this financial year. That's why its shares have skyrocketed.

In the last one month, the share of karur vysya bank registered a jump of 43%. The Sensex rose nearly 10 percent.

Rakesh Jhunjhunwala held a 4.50 percent stake in Karur Vysya Bank at the end of the June 2022 quarter.

Karur Vysya Bank's net profit jumped 110 percent to Rs 229 crore in the June quarter of the financial year.

Brokerage firms ICICI Securities and Emkay Global say that this stock can go up further in the coming days.

According to ICICI Securities, the share of Karur Vysya Bank can go up to Rs 80 in a year.

Emkay Global has kept its target price at Rs 78, which is 23.13% higher than its current share price.

Let us tell you that on 18 September 2017, the share of Karur Vysya Bank reached its record high of Rs 137.

India's two other big investors Ashish Dhawan and Mukul Mahavir Agarwal hold 1.3% and 1.25% stakes respectively in the bank.

Karur Vysya Bank Ltd Stock details. Mkt cap: 4.91TCr P/E ratio: 6.19 Div yield: 2.61% 52-wk high: 63.75 52-wk low: 38.40