Reviews
Ratin Biswass / 27 Nov 2025/ Categories: Flash News Investment App, Recommendations
Review of 1 stock recommended in the past
Review of 1 stock recommended in the past [EasyDNNnews:PaidContentStart]
KARNATAKA Bank LTD
Ticker : 532652
FV: ₹10
52-Week H/L: ₹231 / 162
We had recommended Karnataka Bank Ltd. at Rs 207 per share in Vol. 41, Issue 35 (June 12, 2025). Karnataka Bank offers a broad suite of retail, corporate, treasury, and forex services. Q2 FY26 was soft, with aggregate business at ₹1,76,461 crore (down 0.6 per cent QoQ), slight declines in advances and deposits, and NIM moderating to 2.72 per cent, though PAT grew 9.1 per cent QoQ. Asset quality improved with GNPA/NNPA at 3.33 per cent/1.35 per cent, supported by minimal credit cost, while capital and liquidity remained strong (CRAR 20.84 per cent, LCR 188.2 per cent). The stock trades at a P/B of 0.64 versus the industry average of 1.37 and its 1-year median of 0.6. Management expects ROA of 1.1–1.2 per cent, NIM of around 3 per cent plus, and a cost-to-income ratio of 55–56 per cent. With the investment thesis still unfolding, we maintain a HOLD.
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