Stock market analyst Alpesh Furiya has maintained 'buy' rating on Karnataka Bank Limited stock to achieve a target of Rs 200.

According to analyst, the interested investors can buy the stock with strict stop loss of Rs 180.

Furiya added that the investors can achieve the said target in a period of one week.

The stock of the company, on Oct 08, closed at Rs 185.80 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 192 and a low of Rs 111 on BSE.

Current EPS & P/E ratio stood at 12.95 and 14.49 respectively.

Karnataka Bank Limited has attained a milestone with its business earnings hitting Rs 40,000 crore mark.

Mangalore-based Bank with its pan-India attendance is looking towards a biz turnover worth Rs 45,000 crore for 2010-11 (Deposits Rs 27,500 crore & Advances Rs 17.500 crores).

Karnataka Bank owns 465 divisions across the country with 227 ATMs of its own.

The Bank has decided to increase the number of divisions to 480 and ATMs to 300 by end March next year.