One of India’s top private sector banks, Karur Vysya Bank has a significant presence in the south of the country. The bank has grown and succeeded as a result of developing a reputation for offering services that are focused on the needs of the customer and creative financial solutions.
Investors are keeping a close eye on the bank’s performance and anticipating its potential for future growth as it attempts to diversify its activities and enter new markets. This article will examine the share price performance of Karur Vysya Bank over time and examine its growth prospects going forward. We will also go over potential influences on the bank’s stock price, such as macroeconomic trends, legislative changes, and market rivalry.
KVB IN RECENT NEWS
- 2.5 million rupees worth of shares were recently purchased by M. K. Srinivasan from The Karur Vysya Bank Limited (NSE:KARURVYSYA).
KVB SHARE PRICE TARGET 2023
|KVB SHARE PRICE TARGET 2023||Maximum Price||Minimum Price|
The Karur Vysya Bank share price target for 2023 varies across different months. The maximum price target for April is ₹97.80, while the minimum is ₹75.23, indicating potential growth. However, May’s maximum target is ₹81.50, with a minimum of ₹62.69, suggesting a possible decline. June’s targets are the same as April’s, indicating a potential recovery.
The maximum price target for July is ₹117.36, while the minimum is ₹90.28, implying growth due to positive news or developments. August’s maximum target is ₹129.10, with a minimum of ₹99.30, indicating potential continued growth. September’s maximum target is ₹135.55, while the minimum is ₹104.27, suggesting further growth due to positive news or developments. October’s targets are the same as August’s, potentially indicating consolidation.
November’s maximum target is ₹142.01, with a minimum of ₹109.24, implying significant growth due to strong financial performance or positive news. Finally, the maximum price target for December is ₹159.05, with a minimum of ₹122.34, suggesting potential continued growth due to positive market conditions or other factors.
KVB SHARE PRICE TARGET 2024
|KVB SHARE PRICE TARGET 2024||Maximum Price||Minimum Price|
The maximum price target for January 2024 is ₹167.42, while the minimum target is a significant outlier at ₹1037.03, potentially due to an error in data recording. In February 2024, the maximum price target is ₹188.11, while the minimum target is ₹156.76. In March 2024, the maximum price target is ₹198.01, while the minimum target is ₹160.98.
The share price may experience some fluctuation in April 2024, with a maximum price target of ₹180.01 and a minimum target of ₹138.47. The share price may experience some downward pressure in May 2024, with a maximum price target of ₹150.01 and a minimum target of ₹115.39. The maximum and minimum price targets for June 2024 are the same as April, which is ₹180.01 and ₹138.47, respectively.
In July 2024, the maximum price target is ₹153.01, while the minimum target is ₹118.61. The share price may start to recover in August 2024, with a maximum price target of ₹168.31 and a minimum target of ₹133.58. In September 2024, the maximum price target is ₹176.72, while the minimum target is ₹135.94. In October 2024, the share price may experience significant growth, with a maximum price target of ₹207.91 and a minimum target of ₹159.93.
In November 2024, the maximum price target is ₹218.31, while the minimum target is ₹167.93. Finally, in December 2024, the maximum price target is ₹222.67, while the minimum target is ₹171.29.
KVB SHARE PRICE TARGET 2025
|KVB SHARE PRICE TARGET 2025||Maximum Price||Minimum Price|
The Karur Vysya Bank stock price has shown some volatility throughout 2025. The year started with a low opening price of ₹68.85 in January, gradually increasing to a high closing price of ₹89.58 in March. April and May showed some volatility, but June saw the highest opening and closing prices at ₹81.21 and ₹93.06, respectively. July had the highest opening price of the year at ₹89.03, but the price eventually closed at ₹83.36.
August showed a steady rise, with a closing price of ₹95.46. September had the highest closing price of the year at ₹97.91. October saw some fluctuation, while November saw a steady rise, closing at ₹94.14. December showed some volatility, with a low closing price of ₹79.49. The maximum share price target for 2025 was ₹97.91 in September, and the minimum was ₹68.85 in January.
KVB SHARE PRICE TARGET 2026 TO 2030
|KVB SHARE PRICE TARGET BY||Maximum Price||Minimum Price|
The Karur Vysya Bank stock price shows a mix of high and low prices in the coming years. In 2026, the stock price ranges from ₹132.35 to a maximum of ₹189.07. In 2027, the prices continue to show a mix of highs and lows, with a maximum price of ₹160.71 and a minimum price of ₹112.50. However, in 2028, the prices show a significant increase, with a maximum price of ₹289.28 and a minimum price of ₹202.50.
The stock price continues to rise in 2029, with a maximum price of ₹594.23 and a minimum price of ₹415.96. In 2030, the maximum stock price target is ₹661.76, and the minimum target is ₹463.23. Overall, the stock price shows a positive trend in the coming years, with some fluctuations in between.
FINANCIAL STRENGTH OF KV BANK (2018 TO 2022)
|ANNUAL||FY 2022||FY 2021||FY 2020||FY 2019||FY 2018|
|Total Income Growth (%)||-2.61||-8.64||5.40||2.71||3.05|
|Provisions & Contingencies||956.94||1,069.94||1,525.82||1,499.91||1,431.65|
|Provisions & Contingencies Growth (%)||-10.56||-29.88||1.73||4.77||48.36|
|Profit after Tax (PAT)||673.27||359.39||235.02||210.87||345.67|
|PAT Growth (%)||87.34||52.92||11.46||-39.00||-42.96|
|Net Interest Margin (%)||3.39||3.16||3.43||3.40||3.43|
|Net Profit Margin (%)||12.04||6.56||3.92||3.62||6.06|
|Basic EPS (₹)||8.42||4.50||2.94||2.64||4.98|
Over the past five years, Karur Vysya Bank’s total income has been fluctuating, with a maximum of ₹7,144.60 crores in FY 2020 and a minimum of ₹6,356.73 crores in FY 2022. However, the bank’s total income growth percentage has been consistently positive, except for a decline of 8.64% in FY 2021.
The bank’s provisions and contingencies have also shown a declining trend in the last three years, with a maximum of ₹1,525.82 crores in FY 2020 and a minimum of ₹956.94 crores in FY 2022. The bank’s profit after tax (PAT) has seen significant growth, with a maximum of ₹673.27 crores in FY 2022, showing an impressive percentage growth of 87.34% compared to the previous year.
On the other hand, FY 2019 saw a decline in PAT growth of -39.00%. The net interest margin has been hovering around 3.4% over the past five years, with a maximum of 3.43% in FY 2020. The net profit margin has shown a steady increase, with a maximum of 12.04% in FY 2022.
The basic earnings per share (EPS) have also seen a significant increase, with a maximum of ₹8.42 in FY 2022, indicating the company’s growth in profitability. Overall, the bank has witnessed a mixed performance in terms of financial growth over the past five years, with a consistent increase in revenue and profit growth but with some fluctuations in between.
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How can I open a savings account with Karur Vysya Bank?
You can visit your nearest Karur Vysya Bank branch and fill out an account opening form to open a savings account. You will need to provide KYC documents such as PAN card, Aadhaar card, and address proof.
Does Karur Vysya Bank offer loans?
Yes, Karur Vysya Bank offers a variety of loans including personal loans, home loans, vehicle loans, and education loans.
Can I apply for a credit card from Karur Vysya Bank?
Yes, Karur Vysya Bank offers credit cards to eligible customers. You can visit a branch or apply online to check your eligibility and apply for a credit card.
Does Karur Vysya Bank have a mobile app for banking?
Yes, Karur Vysya Bank has a mobile app called KVB e-Book that can be downloaded from the Google Play Store or Apple App Store. The app allows customers to perform a range of banking activities such as checking account balance, transferring funds, and paying bills.
What is the interest rate on Karur Vysya Bank’s savings accounts?
Karur Vysya Bank’s savings account interest rates vary based on the type of account and the balance maintained. You can visit the bank’s website or contact a branch to check the latest interest rates.
Does Karur Vysya Bank have a presence outside of India?
No, Karur Vysya Bank currently operates only in India and does not have a presence outside of the country.
CONCLUSION: KARUR VYSYA BANK SHARE PRICE TARGET
The financial accounts for the previous five years show that Karur Vysya Bank’s income growth, PAT, revenue growth, and profit growth have all fluctuated over that time. The bank has had expansion in some areas, such as a rise in PAT in FY 2022, but there have also been times of decline, as evidenced by the fall in income in FY 2021. As a result, it’s crucial to proceed cautiously when buying KV Bank shares and to do further research before making any decisions. Before making an investment, it is advised to speak with a financial counsellor and assess the bank’s potential.