karur vysya bank share:

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

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

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

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

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

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

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

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

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

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

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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

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