Is Karnataka Bank Good Stock To Buy?

Is Karnataka Bank good stock to buy? It's no surprise, then, that I like to invest in companies with EPS growth. Karnataka Bank managed to grow EPS by 14% per year, over three years. That's a pretty good rate, if the company can sustain it. It seems Karnataka Bank is pretty stable, since revenue and EBIT margins are pretty flat year on year.

Will Karnataka Bank share price increase?

Date Stock Price at reco (Change since reco%)
28 May 2021 Karnataka Bank Ltd. 64.15 (5.92%)
13 Jan 2021 Karnataka Bank Ltd. 66.95 (1.49%)
14 Oct 2020 Karnataka Bank Ltd. 43.75 (55.31%)
13 Jul 2020 Karnataka Bank Ltd. 45.05 (50.83%)

Will Karnataka Bank give dividend?

Karnataka Bank Ltd.

For the year ending March 2021 Karnataka Bank has declared an equity dividend of 18.00% amounting to Rs 1.8 per share. At the current share price of Rs 65.80 this results in a dividend yield of 2.74%.

How safe is Karnataka Bank?

Mangaluru head-quartered Karnataka Bank on Wednesday said it is well capitalised, fundamentally strong bank and depositors need not worry about safety of their money. "We have been consistently maintaining CRAR above the minimum prescribed by the RBI as well as the bank's internal policy.

Is Karnataka Bank merging?

While Syndicate Bank would be merged with yet another Karnataka-based bank – Canara – a move expected to create fourth largest PSB in India with expected business of 15.20 lakh crore. The move will also create third largest branch network in India, with 10,342 branches.

Related investments for Is Karnataka Bank Good Stock To Buy?

Why Karnataka Bank shares are falling?

New Delhi: Shares of Karnataka Bank tanked as much as 9 per cent during the early trade on Thursday as the net interest income (NII) declined and gross non performing assets (NPA) surged during the March quarter. However, the net profit of the private lender grew 15 per cent.

Is Karnataka Bank a government bank?

Karnataka Bank Limited is India's twelfth largest private sector bank. It is an 'A' Class Scheduled Commercial Bank based in Mangaluru in Karnataka, India.

Who are promoters of Karnataka Bank?

presents the Promoter's holding, FII's holding, DII's Holding, and Share holding by general public etc.


Shareholding Pattern - Karnataka Bank Ltd.
NoOfShares 310869689 100%
Promoters 0 0%
ForeignInstitutions 28283153 9.1%
NBanksMutualFunds 1829 0%

Does IOC give dividend?

Indian Oil Corporation Ltd.

For the year ending March 2021 Indian Oil Corporation has declared an equity dividend of 120.00% amounting to Rs 12 per share. At the current share price of Rs 119.70 this results in a dividend yield of 10.03%. 13.5000 per share(135%)Interim Dividend.

How much dividend does Karnataka Bank pay?


Dividends Declared
13/05/2019 29/07/2019 Rs.3.5000 per share(35%)Final Dividend
16/05/2018 11/07/2018 Rs.3.0000 per share(30%)Dividend
15/05/2017 06/07/2017 Rs.4.0000 per share(40%)Dividend
20/05/2016 20/07/2016 Rs.5.0000 per share(50%)Dividend

Is Karnataka Bank in loss?

Karnataka Bank Ltd (KBL) registered a net profit of ₹106.08 crore in the first quarter of 2021-22 as against a net profit of ₹196.38 crore in the corresponding period of 2020-21, recording a decline of 45.98 per cent.

Is Karnataka Bank safe for FD?

Karnataka Bank Fixed Deposit Rate

It is considered to be a safe and reliable form of investment which provides a higher rate of interest as compared to a regular savings account. The money deposited in an FD cannot be withdrawn before maturity, except on payment of a penalty.

What is minimum balance in Karnataka Bank?

Karnataka Bank SB GEN Savings Account

Bank Karnataka Bank
Minimum Average Balance Requirements (MAB) With cheque book Facility - Rs. 1,000 Without cheque book facility - Rs. 200
Debit Card Offered Karnataka Bank Money Plant VISA Debit Card
Interest Rate 4% per annum calculated on daily balance

Is Karnataka Bank under RBI?

The Reserve Bank of India (RBI) has empanelled Mangaluru-headquartered private lender Karnataka Bank to act as an “agency nank” to facilitate transactions related to government businesses.

Is Karnataka Bank merged with Icici Bank?

Shares of private sector lender Karnataka Bank jumped 5% in the initial trade on the Bombay Stock Exchange (BSE) after a report of ICICI Bank is looking to acquire the Mangalore-based bank. However, both banks have denied the report of acquisition.

What is the book value of Karnataka Bank?

Karnataka Bank's Key Fundamentals

Parameter Values
Market Cap (in ₹ Cr.) 1,828.47
Earning Per Share (EPS TTM) (₹) 16.89
Price To Earnings (P/E) Ratio 3.83
Book Value Per Share (₹) 176.71

Which is the No 1 bank in India?

HDFC Bank: HDFC Bank has been ranked India's No. 1 Bank in forbes' world's Best bank report. It has 88,253 permanent employees as of 31 March 2018 and has a presence in Bahrain, Hong Kong and Dubai. HDFC Bank is India's largest private sector lender by assets.

What type of bank is Karnataka Bank?

Karnataka Bank Limited, a leading 'A' Class Scheduled Commercial Bank in India, was incorporated on February 18th, 1924 at Mangaluru, a coastal town of Dakshina Kannada district in Karnataka State.

How many Karnataka based banks are in the nationalized banks of the country?

These districts have one among the best distribution of banks in India - a branch for every 500 persons. Between 1880 and 1935, 22 banks were established in coastal Karnataka, nine of them in the city of Mangalore.


Bank Place of origin Year
Vysya Bank Bangalore 1930
State Bank of Mysore N/A 1913

Who is the promoter of South Indian Bank?

The Shareholding Pattern page of South Indian Bank Ltd. presents the Promoter's holding, FII's holding, DII's Holding, and Share holding by general public etc.


Shareholding Pattern - South Indian Bank Ltd.
NoOfShares 2092741018 100%
Promoters 0 0%
ForeignInstitutions 146697404 7.01%
NBanksMutualFunds 10591 0%

Is ONGC a good buy?

ONGC's share price has underperformed the benchmark over the past four years due to a decline in domestic oil & gas production. Due to lower production growth on a sustainable basis, despite cheaper valuations, the brokerage does not recommend that long term investors add the stock as it is a play on commodity prices.

How many times ONGC give dividends?

Oil And Natural Gas Corporation Ltd. has declared 50 dividends since Aug. 29, 2000.

Is it good to buy ONGC shares now?

ONGC is a Maharatna company. Currently, it is available at multi year low price and any one who has long term view can definitely have in their portfolio. Simply because it has a dividend yield of 7% which is better than FD.

Is IOC giving dividend in 2021?

The Company has fixed Friday, August 6, 2021 as the Record Date for the purpose of determining the Members eligible to receive final dividend of Rs. 1.50 per share (i.e. @ 15% on the paid up equity share capital) for the year 2020-21.

How many times ITC give dividend in a year?

ITC Ltd. has declared 22 dividends since July 3, 2001.

Who will get IOC dividend 2021?


Dividends Declared
01/11/2021 11/11/2021 Rs.5.0000 per share(50%)Interim Dividend
19/05/2021 05/08/2021 Rs.1.5000 per share(15%)Final Dividend
10/03/2021 23/03/2021 Rs.3.0000 per share(30%)Interim Dividend
29/01/2021 09/02/2021 Rs.7.5000 per share(75%)Interim Dividend

Does SBI shares give dividend?

For the year ending March 2021 State Bank of India has declared an equity dividend of 400.00% amounting to Rs 4 per share. The company has a good dividend track report and has consistently declared dividends for the last 5 years.

What is the record date for Coal India dividend?

The PSU company has fixed Tuesday, December 7, 2021 as the record date for the purpose of payment of interim dividend on the equity shares for the financial year 2021-22. Whereas, the date of payment of interim dividend is on and from December 21, 2021, it added.

Is Karnataka Bank Profitable?

Karnataka Bank posted a Net Profit of Rs 125.61 crore, for the quarter ended Sept-2021 and the net profit grew by 5.17% as compared to Sept 2020 quarter net profit of Rs 119.44 crore. Further, for the half year ended Sept–2021, the net profit stood at Rs 231.69 crore as against Rs 315.82 crore of Sept – 2020.

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