|
02 Jun 2025 |
Karnataka Bank
|
Consensus Share Price Target
|
197.91 |
281.33 |
- |
42.15 |
buy
|
|
|
|
|
15 May 2025
|
Karnataka Bank
|
Emkay
|
197.91
|
260.00
|
199.53
(-0.81%)
|
31.37 |
Buy
|
|
|
KBL reported a 12% PAT miss in 4Q at Rs2.5bn, due to lower margin (down by 4bps QoQ to ~3%) and higher staff costs owing to higher actuarial provisioning on retirement benefits of Rs1.1bn.
|
|
08 Apr 2025
|
Karnataka Bank
|
Ventura
|
197.91
|
205.00
|
180.77
(9.48%)
|
Target met |
Buy
|
|
|
Uninspiring operational performance but a value buy
|
|
03 Feb 2025
|
Karnataka Bank
|
Axis Direct
|
197.91
|
255.00
|
174.75
(13.25%)
|
28.85 |
Buy
|
|
|
We maintain our BUY recommendation on the stock on inexpensive valuations
|
|
01 Feb 2025
|
Karnataka Bank
|
Emkay
|
197.91
|
275.00
|
182.50
(8.44%)
|
38.95 |
Buy
|
|
|
KBL reported an 11% PAT miss in 3Q at Rs2.8bn, due to lower margins – down by 21bps QoQ to 3% (partly due to change in penal interest recognition), and other income, as the bank adopted a calibrated growth approach amid rising liquidity/cost pressures.
|
|
01 Feb 2025
|
Karnataka Bank
|
Edelweiss
|
197.91
|
310.00
|
182.50
(8.44%)
|
56.64 |
Buy
|
|
|
Transformation Begins
|
|
30 Oct 2024
|
Karnataka Bank
|
Edelweiss
|
197.91
|
310.00
|
213.07
(-7.12%)
|
56.64 |
Buy
|
|
|
Bharat ka Karnataka Bank'- New age ambitions
|
|
24 Oct 2024
|
Karnataka Bank
|
Axis Direct
|
197.91
|
275.00
|
208.80
(-5.22%)
|
38.95 |
Buy
|
|
|
We maintain our BUY recommendation on the stock on inexpensive valuations
|
|
23 Oct 2024
|
Karnataka Bank
|
Anand Rathi
|
197.91
|
298.00
|
214.58
(-7.77%)
|
50.57 |
Buy
|
|
|
De-growth in NII (lower margins) and less non-interest income (lower fees) led to 19% q/q decline in core operating profits for Karnataka Bank. Modest provisions supported profitability.
|
|
31 Jul 2024
|
Karnataka Bank
|
Prabhudas Lilladhar
|
197.91
|
329.00
|
237.67
(-16.73%)
|
66.24 |
Buy
|
|
|
|
|
25 Jul 2024
|
Karnataka Bank
|
Axis Direct
|
197.91
|
275.00
|
231.43
(-14.48%)
|
38.95 |
Buy
|
|
|
We maintain our BUY recommendation on the stock.
|
|
27 May 2024
|
Karnataka Bank
|
Axis Direct
|
197.91
|
255.00
|
216.60
(-8.63%)
|
|
Buy
|
|
|
We revise our rating from HOLD to BUY.
|
|
24 Jan 2024
|
Karnataka Bank
|
Axis Direct
|
197.91
|
275.00
|
245.35
(-19.34%)
|
|
Hold
|
|
|
We Revise our rating from BUY to HOLD.
|
|
03 Nov 2023
|
Karnataka Bank
|
Axis Direct
|
197.91
|
250.00
|
217.10
(-8.84%)
|
Target met |
Buy
|
|
|
We continue to maintain our BUY recommendation on the stock.
|
|
18 Sep 2023
|
Karnataka Bank
|
ICICI Direct
|
197.91
|
285.00
|
240.00
(-17.54%)
|
Target met |
Buy
|
|
|
|
|
04 Aug 2023
|
Karnataka Bank
|
Axis Direct
|
197.91
|
250.00
|
214.25
(-7.63%)
|
Target met |
Buy
|
|
|
We maintain our BUY recommendation on the stock.
|
|
03 Jul 2023
|
Karnataka Bank
|
Edelweiss
|
197.91
|
|
192.30
(2.92%)
|
|
Not Rated
|
|
|
Management Meet Note
|
|
31 May 2023
|
Karnataka Bank
|
Axis Direct
|
197.91
|
175.00
|
151.40
(30.72%)
|
Target met |
Buy
|
|
|
We maintain our BUY recommendation on the stock.
|
|
06 Feb 2023
|
Karnataka Bank
|
Axis Direct
|
197.91
|
170.00
|
148.80
(33.00%)
|
Target met |
Buy
|
|
|
We maintain our BUY recommendation on the stock.
|
|
23 Dec 2022
|
Karnataka Bank
|
Edelweiss
|
197.91
|
|
129.05
(53.36%)
|
|
Not Rated
|
|
|
Management Meet Note
|
|
03 Nov 2022
|
Karnataka Bank
|
Axis Direct
|
197.91
|
156.00
|
120.45
(64.31%)
|
Target met |
Buy
|
|
|
we change our rating on the stock from HOLD to BUY with a revised target price of Rs 156/share (~0.6x FY24E ABV), implying an upside of 40% from the CMP.
|