Karnataka Bank

ICICI Bank to acquire Karnataka Bank; hits MoU with Africa-based Ecobank

ICICI Bank to acquire Karnataka Bank; hits MoU with Africa-based EcobankMove a step forward to acquire Karnataka bank, private sector lender ICICI Bank has formally submitted a proposal for the same with the Reserve Bank of India (RBI).

According to the submitted proposal, ICICI Bank is ready to acquire Karnataka Bank by paying Rs 240 per share. Karnataka Bank has a book value of 130+.

Private sector lender Karnataka Bank operates throughout the country with more than 500 branches.

Hold Karnataka Bank With Stop Loss Of Rs 100

Hold Karnataka Bank With Stop Loss Of Rs 100Technical analyst Simi Bhaumik has maintained 'hold' rating on Ranbaxy Laboratories Limited stock with a short term target of Rs 123-125.

According to analyst, the investors can buy the stock with a stop loss of Rs 100.

The stock of the bank, on May 04, closed at Rs 108.20 on the Bombay Stock Exchange (BSE).

Current EPS & P/E ratio stood at 13.97 and 7.79 respectively.

The share price has seen a 52-week high of Rs 207.16 and a low of Rs 99.50 on BSE.

Buy Karnataka Bank With Stop Loss Of Rs 199

Buy Karnataka Bank With	Stop Loss Of Rs 199Technical analyst Jatinder Sharma is bullish on Karnataka Bank Ltd and has recommended 'buy' rating on the stock with a 2-3 day target of Rs 214.

According to Sharma, the interested investors can buy the stock with a stop loss of Rs 199.

The stock of the company, on Nov 08, closed at Rs 204.65 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 205.85 and a low of Rs 111 on BSE.

Current EPS & P/E ratio stood at 13.85 and 14.74 respectively.

Buy Karnataka Bank With Stop Loss Of Rs 180

Buy Karnataka Bank With Stop Loss Of Rs 180Stock 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.

Hold Karnataka Bank With Stop Loss Of Rs 172

Hold Karnataka Bank With Stop Loss Of Rs 172Stock market analyst Shrikant Chouhan of Kotak Securities has maintained 'hold' rating on Karnataka Bank Ltd stock.

According to analyst, the interested investors can hold the stock with stop loss of Rs 172 to achieve a target of Rs 200.

The stock of the company, on August 19, closed at Rs 178.60 on the Bombay Stock Exchange (BSE).

Current EPS & P/E ratio stood at 12.95 and 13.72 respectively.

The share price has seen a 52-week high of Rs 188.85 and a low of Rs 111 on BSE.

Hold Karnataka Bank With Stop Loss Of Rs 161

Hold Karnataka Bank With Stop Loss Of Rs 161Stock market analyst Rakesh Bansal of New Age Wealth has maintained 'hold' rating on Karnataka Bank stock.

According to analyst, the interested investors can buy the stock with stop loss of Rs 161.

The analyst said that the investors can exit on rally to around Rs 174-175

Today, the stock of the bank opened at Rs 169.150 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 188.85 a low of Rs 111 on BSE.

Current EPS & P/E ratio stood at 12.95 and 13.10 respectively.

Karnataka Bank Short Term Buy Call

Karnataka Bank Short Term Buy CallStock market analyst Nitin Murarka of SMC Global has maintained 'buy' rating on Karnataka Bank Ltd stock to achieve a short-term target of Rs 190.

According to analyst, the investors can buy the stock stop loss of Rs 174.

Today, the stock of the bank opened at Rs 175.90 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 188.85 and a low of Rs 111 on BSE. Current EPS & P/E ratio stood at 12.54 and 14.35 respectively.

Karnataka Bank has fixed its eyes on the agricultural segment.

Buy Karnataka Bank With Target Of Rs 197

Buy Karnataka Bank With Target Of Rs 197Stock market analyst Ashwani Gujral has maintained 'buy' rating on Karnataka Bank Ltd stock with short term target of Rs 197.

According to analyst, the investors can buy the stock stop loss of Rs 155.

Today, the stock opened at Rs 174.50 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 176 and a low of Rs 111 on BSE.

Current EPS & P/E ratio stood at 12.54 and 14.65 respectively.

There were reports that Axis Bank was interested in purchasing the old-generation private sector lender.

Hold Karnataka Bank

Hold Karnataka BankStock market analyst Kiran Jadhav is of the view that investors can hold Karnataka Bank Ltd stock.

According to analyst, the investors can hold the stock with stop loss of Rs 148, which on crossing resistance of Rs 179 will show good upside in the medium to long term.

Today, the shares of the bank opened at Rs 162.90 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 175.80 and a low of Rs 111 on BSE.

Current EPS & P/E ratio stood at 12.54 and 13.03 respectively.

There is news that Axis Bank is getting hold of Karnataka Bank

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