NEW DELHI: Shares of Karnataka Bank traded 2.25 per cent down in Monday 's trade at 10:41AM (IST).
Around 176983 shares changed hands on the counter.
The stock opened at Rs 44.5 and touched an intraday high and low of Rs 44.5 and Rs 42.55 , respectively, in the session so far.
The stock quoted a 52-week high of Rs 141.25 and a 52-week low of Rs 38.4 .
Private sector lender Karnataka Bank said it has received RBI nod for reappointment of Mahabaleshwara M S as MD and CEO for next three years.Financials Karnataka Bank Ltd., incorporated in the year 1924, is a banking company (having a market cap of Rs 1380.26 Crore).
The Bank has reported a Gross Non Performing Assets (Gross NPAs) of Rs 2777.46 Crore (.00 % of total assets) and Net Non Performing Assets (Net NPAs) of Rs 2058.04 Crore (.00% of total assets).
Karnataka Bank Ltd.
key Products/Revenue Segments include Interest - Discount on Advances - Bills which contributed Rs 4698.03 Crore to Sales Value (79.54 % of Total Sales), Income From Investment which contributed Rs 1105.65 Crore to Sales Value (18.72 % of Total Sales) and Interest which contributed Rs 85.65 Crore to Sales Value (1.45 % of Total Sales)for the year ending 31-Mar-2019.
Valuation ratio It quoted a price-to-earnings ratio of 2.89 and price to book value of 0.21 .