NIFTY 22200.55 BANK 47687.45

The Karnataka Bank Limited
Share Price Target & Analysis

NSE:KTKBANK

223.46

VWAP

224.65

Open

223.15

Close

226.00

High

221.85

Low

286.55

52 Week High

222.65 ⇩
-0.50 (-0.22%)

KTKBANK

(FINANCIAL SERVICES)
60.6% Momentum

Sideways to Positive

124.50

52 Week Low

36.73

EPS

17.42

PE

1.01

PB

Deluxe
Quality

Steel
Valuation

#Analysis

NSE: KTKBANK Share Price Financial Analysis & Valuation

The Karnataka Bank Limited (KTKBANK) is broadly categorized in FINANCIAL SERVICES segment industry which deals in Banks - Private Sector vertical. It is one of Small Cap company with Market Capitalization of Rs 2037.6 (in Cr). Total number of free float shares are 28.3 (in Lacs). The Karnataka Bank Limited is listed on NSE with Exchange ID - INE614B01018 and trading code is NSE:KTKBANK with short name Karnataka Bank.

In the past 1 year, The Karnataka Bank Limited has declared an equity dividend of Rs 1.8 per share. At the current share price of KTKBANK at Rs 222.65, this results in a dividend yield of 0.81 %.

As per the Fundamental Analysis of NSE:KTKBANK, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine KTKBANK underlying value and future prospects. All of this data is available in KTKBANK financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:KTKBANK, it is clearly understood that KTKBANK is Deluxe performer in terms of earnings and profit margins with an EPS of 36.73. NSE:KTKBANK book value per share as of today is 219.39. The current price to book ratio for KTKBANK as of May 16, 2024 is 1.01.

Valuation of the Stock: The current valuation of KTKBANK stock is like Steel which means currently the stock is Moderately Priced. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of KTKBANK whether to BUY this stock at current valuation. The delivery percentage of KTKBANK is 39.98% is very crucial parameter which shows that 39.98% investors are anticipating that the price of KTKBANK share should go up with VWAP at 223.46.

Now, the main question is whether to BUY or SELL, NSE:KTKBANK at current valuation.
As per latest Analysis No. #1486:-

⇑ STRONG BUY KTKBANK if All Greens

⇗ BUY KTKBANK (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD KTKBANK (With Stop Loss) if only 1 Green

⇘ SELL KTKBANK if NO Green Indicator

NSE: KTKBANK Share Price Today (May 16, 2024)

(The Karnataka Bank Limited Daily Analysis on the basis of KTKBANK Intraday Graph & Trend)

The Karnataka Bank Limited share price moved Down by -0.22% from its previous close of Rs 223.15. KTKBANK stock last traded price is 222.65. KTKBANK share price trend is Down with a total of 755645 stocks traded till now. It has touched an intraday high of Rs 226.00 and an intraday low of Rs 221.85. The KTKBANK trading at 222.65, Down by Rs. -0.50, or -0.22 percent which suggests that most of the Traders are anticipating that the price of KTKBANK share should go Down.

NSE: KTKBANK Share Price Tomorrow Prediction

(The Karnataka Bank Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of KTKBANK)

The Karnataka Bank Limited share price moved Down by -0.22%. KTKBANK share price short term trend is Down. It suggests that KTKBANK Share Price for Tomorrow remains the same with VWAP at 223.46 will be treated as stop loss for intraday traders. The Karnataka Bank Limited Long term investors can follow the KTKBANK long term trend as mentiond in future forecast table.

NSE Code

NSE: KTKBANK

KTKBANK Share Price Today

 222.65

KTKBANK Share Price Target Prediction for 2024 ^

 212.1 - 317.6

KTKBANK Share Price Target Prediction for 2025*^

 317.6 - 339.3

KTKBANK Share Price Target Prediction for 2026*^

 339.3 - 364.1

KTKBANK Share Price Target Prediction for 2027*^

 382

KTKBANK Share Price Target Prediction for 2028*^

 394

KTKBANK Share Price Target Prediction for 2030*^

 431
KTKBANK Current Book Value 2023
218.3

*The Karnataka Bank Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^KTKBANK share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

KTKBANK Technical Analysis

Candlestick Pattern: @222.65

KTKBANK Moving Averages

BUY (3) NEUTRAL (0) SELL (11)
MA Simple Action S1 Expo Action E2
MA_5 219.17 BUY 221.22 BUY
MA_12 224.05 SELL 222.8 SELL
MA_20 224.41 SELL 224.36 SELL
MA_32 227.63 SELL 227.09 SELL
MA_50 229.81 SELL 229.53 SELL
MA_100 239.34 SELL 231.8 SELL
MA_200 233.09 SELL 220.74 BUY

KTKBANK Trend Oscillators

BUY (0) NEUTRAL (1) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 224.41 Downtrend
MACD -0.16 SELL
ADX 15.85 NO or Weak Trend
DMI (+/-) 19.93 / 23.35 Downtrend

KTKBANK Momentum Oscillators

BUY (3) NEUTRAL (7) SELL (2)
Momentum Oscillators Value Action
RSI 45.43 Neutral
STOCHASTIC_K (Fast) 82.95 Overbought
STOCHASTIC_D (Slow) 70.56 Neutral
CCI -14.33 Neutral
PSAR 226.69 SELL
TRUE RANGE 4.15 Neutral
ATR 5.83 Neutral
WILLIAMS R -52.07 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 95.42 Overbought
STOCHASTIC RSI D 98.47 Overbought
MOMENTUM -9.6 SELL

KTKBANK Last 1 Year Trend

Duration Value
1 Year 68.93%
3 Months -13.28%
1 Month -4.13%
1 Week 1.55%

KTKBANK Technical Analysis Summary

Updated on 2024-05-15
Action Overall (%)
BUY 20%
NEUTRAL / HOLD 27%
SELL 53%

Most popular Questions & Answers about KTKBANK


The Karnataka Bank Limited stock last traded price is 222.65. KTKBANK share price moved Down by -0.22% from its previous close of Rs 223.15.

The Karnataka Bank Limited share price trend is Down with a total of 755645 stocks traded till now. It has touched an intraday high of Rs 319.17525 and an intraday low of Rs 221.85. The KTKBANK trading at 222.65, Down by Rs. -0.50, or -0.22 percent which suggests that most of the Traders are anticipating that the price of KTKBANK share should go Down and the Stop Loss will be around 223.46.

The market cap of The Karnataka Bank Limited is ₹2037.6 (in Cr) as of May 15, 2024.

The current price to earning ratio for The Karnataka Bank Limited as of May 15, 2024 is 17.42.

The current price to book ratio for The Karnataka Bank Limited as of May 15, 2024 is 1.01.

The highest price of The Karnataka Bank Limited stock is ₹286.55 in the last 52-week.

The lowest price of The Karnataka Bank Limited stock is ₹124.50 in the last 52-week.

The Karnataka Bank Limited share trading at ₹222.65, Down by Rs. -0.50, or -0.22 percent which suggests that most of the traders are anticipating that the price of KTKBANK share should go Down.

In 2023, Stock price target for The Karnataka Bank Limited (KTKBANK) are ₹212.1 on downside and ₹317.6 on upside. The Karnataka Bank Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for The Karnataka Bank Limited (KTKBANK) are ₹317.6 on downside and ₹339.3 on upside. The Karnataka Bank Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for The Karnataka Bank Limited (KTKBANK) are ₹339.3 on downside and ₹364.1 on upside. The Karnataka Bank Limited share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for The Karnataka Bank Limited (KTKBANK) will be around ₹394 The Karnataka Bank Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of KTKBANK.

As per the fundamental analysis of The Karnataka Bank Limited (KTKBANK), it is of Deluxe quality in terms of earnings and profit margins with an EPS of 36.73. The Karnataka Bank Limited book value per share as of today is 219.39. The current price to book ratio for KTKBANK as of May 16, 2024 is 1.01.


NSE:KTKBANK News & Other Useful Information about KTKBANK Share Price


Peer Comparison of NSE: KTKBANK

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Banks - Private Sector

Company Price EPS BV
HDFCBANK 1440.80 79.98 554.25
ICICIBANK 1125.10 58.17 280.14
KOTAKBANK 1650.80 69.33 417.62
AXISBANK 1128.00 80.51 406.13
INDUSINDBK 1417.10 114.98 697.34
BANDHANBNK 189.90 18.52 121.57
AUBANK 622.95 20.66 148.82
YESBANK 22.60 0.4 12.87
IDFCFIRSTB 76.85 4.18 39.63
FEDERALBNK 162.75 15.27 107.24
Updated at: 15 May 2024 15:59

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