BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Closed|| Long (1Y)
Kotak Securities recommends buy on Karnataka Bank
Kotak Securities has recommended buy on Karnataka Bank for target of Rs 220. It says Karnataka Bank reported a 10.1% yoy rise in its net profit for Q1FY2018 to Rs.133.85 crore as compared to Rs 121.54 crore. Provisions for the quarter grew by 45.9% yoy to Rs 198.88 crore as compared to Rs 136.31 crore.