1. Karur Vysya Bank
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92% Buy

Karur Vysya Bank Share Price

KARURVYSYA

₹214.85-₹2.03 (-0.94%) TodayLast updated on 21 Nov, 2024 | 14:14 IST

Karur Vysya Bank Share Price Chart

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  • About Karur Vysya Bank
  • Fundamentals
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About Karur Vysya Bank

Karur Vysya Bank Financials

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Market cap
Market Cap Switch₹17,455 Crs
Open
₹216.88
Close
₹216.88
Circuit range
₹260.25 - ₹173.50
Day range
₹211.50 - ₹217.05
Year range
₹148.25 - ₹239.80
Volume
6,51,993
Avg. traded
₹213.70
Revenue (12m)
₹8,992 Crs
Karur Vysya Bank

Karur Vysya Bank was founded on July 1, 1916, in Tamil Nadu’s Karur to revitalise agriculture, trade and industry. The founders initiated the journey with a modest seed capital of ₹1.2 lakh.

Karur Vysya Bank inaugurated its first branch in Dindigul on January 17, 1927. TBy 1952, the bank attained the esteemed status of a scheduled bank, solidifying its place in the financial landscape. Selvavridhi Bank Ltd joined forces with the bank in 1963.

The bank was listed on the National Stock Exchange (NSE) and became a listed public company in 2000.

Karur Vysya Bank Ltd has a market capitalisation of over ₹15,900 crore as of January 31, 2024. Karur Vysya Bank share price has grown by over 6% in the previous three years.

Business operations

Karur Vysya Bank (KVB) offers financial services, including commercial banking and treasury operations. The company operates through distinct segments like treasury, corporate, wholesale banking, retail banking and other banking operations.

The bank acquired a licence as a Corporate Agent to expand into life and general insurance businesses in 2003. Partnerships with Bajaj Allianz General Insurance and Religare Securities Ltd led to bancassurance and trading facilities respectively.

The period of 2008-09 witnessed expansion with the opening of 23 new branches, further widening the bank's presence. Tie-ups with Religare Securities Ltd and LIC Mutual Fund helped provide trading facilities and distribute mutual fund products.

Karur Vysya Bank continued its growth trajectory, reaching 667 branches and 1655 ATMs by March 31, 2016, adding 38 branches and 10 ATMs during the year. The bank has expanded its presence nationwide with 799 branches, 2,240 ATMs and cash recyclers across 20 states and 3 Union Territories, serving a customer base of over 7.9 million as of FY23. It also has 10,118 Point of Sale (POS) terminals deployed pan India.

It operates 15 business banking units and 9 corporate business units. It also has a vertical dedicated to New & Emerging Opportunities (NEO) and a division specialising in precious metals.

The company caters to over 79 lakh customers and over 2.2 lakh shareholders, as of March 31, 2023. As the FY23 ended, its total business stood at ₹1,40,806 crore.

Karur Vysya Bank has also embraced digitalisation in its services. It runs a customer onboarding app called DLite, which recorded 4.28 million downloads in FY23. Its digital transactions increased by 29%, reaching a share of 95%. Its UPI platforms witnessed transactions rising from 136.1 million to 196.6 million during FY23. In FY23, the bank enrolled 1,261 customers under Atal Pension Yojana.

The bank also actively incorporates government schemes in its services. It enrolled 81,755 customers under Pradhan Mantri Jeevan Jyoti Bima Yojana during the financial year 2022-2023. Similarly, it registered 1,43,183 customers under Pradhan Mantri Suraksha Bima Yojana.

Financial Highlights

– The total income increased to ₹7,675.5 crores in FY 2023 from ₹6356.7 crores in FY22. – The net profit for FY 2022-23 stood at ₹1,106 crore compared to ₹673 crore in FY22. – The Net interest margin increased in FY23 to 4.18% from 3.7% in FY22. – Net NPA stood at ₹1,261 crores in FY23 compared to ₹468 in the FY22. – The earnings per share (EPS) stood at ₹13.81 in FY23 compared to ₹8.42 in the previous financial year.

Karur Vysya Bank Key indicators

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52 week high
₹239.80
52 week low
₹148.25
P/E ratio
9.69
P/B ratio
1.56
ROE
17.24%
ROCE
20.15%
Dividend yield
1.13%
Debt/Equity ratio
0.25
EPS
19.95

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Investment checklist: (3/6)
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Equity returns

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Safety factor

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Growth factor

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Debt vs Equity

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Profit factor

The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Analyst ratings:

Buy

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Buy

92%

Hold

8%

Sell

0%

This analysis is based on the reviews of 12 experts in the last 7 days

Karur Vysya Bank Fundamentals

Karur Vysya Bank Financial Ratios

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  • Profitability

  • Operational

  • Valuation

Net Interest Margin (NIM)

3.75%

ROA

1.64%

Credit Deposit

82.67%

ROE

17.24%

Net profit margin

19.56%

EPS

19.95

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Karur Vysya Bank Shareholder returns

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1 day
+1.91%
1 week
-4.45%
1 month
-2.28%
3 months
-2.24%
1 year
+41.57%
3 years
+310.76%
5 years
+282.84%

Revenue statement

All values are in ₹ Crores (Cr)
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  • Revenue

  • Operating profit

  • Net profit

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Cash flow

All values are in ₹ Crores (Cr)
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  • Operating

  • Investing

  • Financing

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Balance sheet

All values are in ₹ Crores (Cr)
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Total assets

Total liabilities

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Karur Vysya Bank Share Price history

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DayOpenCloseChange %
Tue, Nov 19 2024
₹214.00
₹216.88
+1.91%
Mon, Nov 18 2024
₹214.63
₹212.82
+0.73%
Thu, Nov 14 2024
₹211.70
₹211.27
-0.11%
Wed, Nov 13 2024
₹220.90
₹211.51
-4.88%
Tue, Nov 12 2024
₹226.80
₹222.35
-2.04%
Mon, Nov 11 2024
₹227.80
₹226.97
-0.55%
Fri, Nov 8 2024
₹232.00
₹228.23
-1.48%
Thu, Nov 7 2024
₹227.01
₹231.66
+2.40%

Karur Vysya Bank Shareholding Pattern

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Promoters (2.13%)

Mutual Funds (30.16%)

Retail and other (45.78%)

Foreign institutions-FII (15.09%)

Other domestic institutions (6.84%)

Retail and other

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Events

Corporate actions

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  • Dividend • ₹2.4/share

    Ex date 01 Aug 2024

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  • Dividend • ₹2/share

    Ex date 07 Aug 2023

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  • Dividend • ₹1.6/share

    Ex date 19 Jul 2022

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FAQs on Karur Vysya Bank

What is the Karur Vysya Bank share price today?

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Karur Vysya Bank share price is ₹ 214.85 today.

What is today’s high & low share price of Karur Vysya Bank?

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Karur Vysya Bank share price high: ₹ 217.05 and low: ₹ 211.50

What is the Karur Vysya Bank share price high and low in the last 52 weeks on the NSE?

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52 Week share High Price is ₹ 239.80 and Low Price is ₹ 148.25

What is the Karur Vysya Bank Stock Symbol?

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The Karur Vysya Bank Stock symbol is KARURVYSYA.

Can I buy Karur Vysya Bank shares on Holidays?

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No, shares of Karur Vysya Bank or any other publicly traded company cannot be bought or sold on holidays when the stock exchanges are closed. You can only buy or sell Karur Vysya Bank shares on days when the stock exchanges are open for trading. It's important to check the NSE & BSE holidays calendar, before placing any trades to avoid any inconvenience.