India’s well-known private sector bank, Karur Vysya Bank, has been in business for more than a century. With a network of branches and ATMs in significant cities and villages, it has a significant presence in the southern region of the nation.
Given the current economic situation and the effects of the pandemic, stock market investors may be interested in the future performance of Karur Vysya Bank’s shares. We will examine the probable share price goal for Karur Vysya Bank from 2023 to 2030 in this post. We will look at the bank’s financial performance throughout time, as well as market trends and other elements that might have an impact on its potential for future growth.
CLICK HERE TO KNOW:
IOB SHARE PRICE TARGET 2023 TO 2030: CAN IOB REACH 100 INR?
Contents
KARUR VYSYA BANK IN RECENT NEWS
- In Q1, Karur Vysya Bank recorded a notable 57% growth in its net profit, reaching Rs 359 crore.
- Over the past three years, the stock of Karur Vysya Bank has delivered an impressive 5x return. Analysts believe that despite this significant rally, the banking bet favored by Jhujhunwala still has room to grow, with predictions of another 50% increase in its value.
- Crisil has maintained its A1+ rating on the Certificate of Deposits issued by Karur Vysya Bank.
- Karur Vysya Bank has been fined ₹30 lakh by the RBI as a monetary penalty.
HOW TO BUY KARUR VYSYA BANK SHARES?
Here are some trading platforms that you can utilize to purchase Karur vysya shares:
- Zerodha
- Upstox
- Groww
- AngelOne
- ICICIDirect
KARUR VYSYA BANK SHARE PRICE TARGET 2023
| KV BANK SHARE PRICE TARGET 2023 | Maximum Price | Minimum Price |
| August 2023 | ₹123.75 | ₹112.50 |
| September 2023 | ₹126.60 | ₹115.09 |
| October 2023 | ₹122.91 | ₹111.74 |
| November 2023 | ₹125.37 | ₹113.97 |
| December 2023 | ₹129.13 | ₹117.39 |
Karur Vysya Bank is one of the prominent private sector banks in India that has been in operation for over a century. Based on the table provided, Karur Vysya Bank’s share price is expected to witness a bullish trend with an overall growth percentage of approximately 65% in 2023.
Despite some fluctuations, the stock price is expected to remain in an uptrend, with the maximum price increasing gradually from ₹123.75 in August 2023 to ₹129.13 in December 2023. The minimum price is also expected to follow a similar pattern, with the lowest point of ₹112.50 in August 2023 and gradually increasing to ₹117.39 in December 2023.
The overall trend suggests that Karur Vysya Bank’s stock is expected to perform well in 2023, which could be a positive sign for long-term investors. However, it’s important to note that stock market investments come with inherent risks, and investors should conduct their research before making any investment decisions.
KARUR VYSYA BANK SHARE PRICE TARGET 2024
| KV BANK SHARE PRICE TARGET 2024 | Maximum Price | Minimum Price |
| January 2024 | ₹144.83 | ₹130.78 |
| February 2024 | ₹162.73 | ₹135.61 |
| March 2024 | ₹171.29 | ₹139.26 |
| April 2024 | ₹155.72 | ₹119.78 |
| May 2024 | ₹129.77 | ₹99.82 |
| June 2024 | ₹155.72 | ₹119.78 |
| July 2024 | ₹132.36 | ₹102.61 |
| August 2024 | ₹145.60 | ₹115.55 |
| September 2024 | ₹152.88 | ₹117.60 |
| October 2024 | ₹179.86 | ₹138.35 |
| November 2024 | ₹188.85 | ₹145.27 |
| December 2024 | ₹192.63 | ₹148.17 |
Karur Vysya Bank’s share price is expected to continue its upward trend in 2024. The maximum price of the stock is expected to be ₹192.63 in December 2024, while the minimum price is expected to be ₹99.82 in May 2024. This indicates a growth percentage of approximately 93% from the lowest point to the highest point in 2024.
The stock price is expected to witness some fluctuations during the year, but the overall trend is bullish. The stock price is predicted to reach a high of ₹188.85 in November 2024 and a low of ₹129.77 in May 2024. This data suggests that Karur Vysya Bank’s stock is expected to perform well in 2024, making it an attractive investment option for investors who are looking to invest in the banking sector.
However, it’s important to note that these predictions are subject to change based on various market factors, and investors should always conduct thorough research before making any investment decisions.
CLICK HERE FOR MORE:
PNB SHARE PRICE TARGET 2023 TO 2030: CAN PNB REACH 200 INR?
KARUR VYSYA BANK SHARE PRICE TARGET 2025
| KV BANK SHARE PRICE TARGET 2025 | Maximum Price | Minimum Price |
| January 2025 | ₹196.48 | ₹151.14 |
| February 2025 | ₹206.82 | ₹159.09 |
| March 2025 | ₹217.16 | ₹167.05 |
| April 2025 | ₹193.89 | ₹149.15 |
| May 2025 | ₹176.27 | ₹135.59 |
| June 2025 | ₹193.89 | ₹149.15 |
| July 2025 | ₹184.66 | ₹142.05 |
| August 2025 | ₹192.35 | ₹147.97 |
| September 2025 | ₹201.97 | ₹155.36 |
| October 2025 | ₹214.09 | ₹164.69 |
| November 2025 | ₹229.08 | ₹176.21 |
| December 2025 | ₹233.66 | ₹179.74 |
Karur Vysya Bank’s share price target for 2025 is expected to continue its upward trend with a bullish sentiment. The maximum price target for January 2025 is predicted to be ₹196.48, while the minimum price target is expected to be ₹151.14. The share price is expected to continue its uptrend in the following months, reaching its peak in November 2025 with a maximum target of ₹229.08 and a minimum target of ₹176.21. Overall, the data suggests that Karur Vysya Bank’s share price is expected to experience a significant growth percentage in 2025, with a positive outlook for investors.
KARUR VYSYA SHARE PRICE TARGET 2026 TO 2030
| KV BANK SHARE PRICE TARGET BY | Maximum Price | Minimum Price |
| 2026 | ₹163.56 | ₹114.49 |
| 2027 | ₹139.03 | ₹97.32 |
| 2028 | ₹250.25 | ₹175.17 |
| 2029 | ₹514.05 | ₹359.83 |
| 2030 | ₹572.46 | ₹400.72 |
Karur Vysya Bank share price is expected to experience fluctuations between 2026 to 2030. In 2026, the share price is projected to range between ₹114.49 to ₹163.56. However, in 2027, the share price is expected to decrease with a minimum of ₹97.32. The share price is projected to increase again in 2028 and reach a maximum of ₹250.25.
In 2029, the share price is expected to continue to rise with a projected maximum of ₹514.05. Finally, in 2030, the share price is expected to range between ₹400.72 to ₹572.46. It should be noted that the projections are subject to various market and economic factors that may impact the performance of the company.
CLICK HERE:
BANK OF MAHARASHTRA LTD SHARE PRICE TARGET 2023 TO 2030: CAN BOM REACH 100 INR?
FINANCIAL STRENGTH OF KARUR VYSYA BANK (2019 TO 2023)
| Year | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|---|---|
| Revenue (Rs crore) | 5,816 | 5,990 | 5,470 | 5,588 | 6,517 |
| Interest (Rs crore) | 3,453 | 3,642 | 3,111 | 2,872 | 3,168 |
| Expenses+ (Rs crore) | 2,902 | 3,112 | 2,620 | 2,434 | 3,071 |
| Financing Profit (Rs crore) | -539 | -764 | -260 | 281 | 312 |
| Financing Margin % | -9% | -13% | -5% | 5% | 4% |
| Other Income+ (Rs crore) | 963 | 1,155 | 919 | 769 | 1,159 |
| Depreciation (Rs crore) | 101 | 119 | 124 | 119 | 0 |
| Profit before tax (Rs crore) | 322 | 272 | 534 | 931 | 1,437 |
| Tax % | 35% | 14% | 33% | 28% | 23% |
| Net Profit+ (Rs crore) | 211 | 235 | 359 | 673 | 1,106 |
| EPS in Rs | 2.64 | 2.94 | 4.50 | 8.42 | 13.79 |
| Dividend Payout % | 23% | 0% | 11% | 19% | 14% |
The revenue of the bank has seen a consistent growth trend, rising from Rs 5,816 crore in March 2019 to Rs 6,517 crore in March 2023, indicating a steady expansion in its business operations.
However, it is noteworthy that the interest expenses have also increased over the years, reaching Rs 3,168 crore in March 2023. This suggests that the bank’s cost of funds has been on the rise, which may impact its profitability in the long run.
The financing profit, or the net income from its core banking activities, has experienced fluctuations during this period. While the bank faced a loss of Rs 539 crore in March 2019, it managed to recover and generate a profit of Rs 312 crore in March 2023. The financing margin percentage, which represents the profitability of its core operations, has shown a similar pattern, fluctuating between negative and positive values, indicating the bank’s efforts to manage its core banking profitability effectively.
Furthermore, the bank’s other income, which includes earnings from non-core activities, has been generally increasing, reaching Rs 1,159 crore in March 2023. This diversification of income streams may have contributed to supporting the bank’s overall financial performance.
Despite fluctuations, Karur Vysya Bank has displayed resilience, with its net profit improving consistently over the years, from Rs 211 crore in March 2019 to Rs 1,106 crore in March 2023. The earnings per share (EPS) have also demonstrated substantial growth, increasing from Rs 2.64 in March 2019 to Rs 13.79 in March 2023, indicating potential value appreciation for shareholders.
However, the bank’s dividend payout percentage has varied significantly, ranging from 0% to 23% during the period, suggesting a cautious approach in distributing profits to shareholders.
In conclusion, Karur Vysya Bank’s financial performance has shown mixed results over the last five years. While it has achieved consistent revenue growth and improved profitability, the increasing interest expenses and fluctuations in financing profit call for prudent management and strategic decision-making. The bank’s ability to balance its core banking activities with diversified income sources will likely play a crucial role in determining its future success. Investors should closely monitor the bank’s financial indicators to make informed decisions based on real data and future outlook.
CLICK HERE TO KNOW MORE:
Pradhan Mantri Vaya Vandana Yojana: Everything you need to know
KARUR VYSYA BANK SHARE PRICE TARGET BY EXPERTS:
- Emkay Global Financial holds a bullish view on Karur Vysya Bank and has issued a buy recommendation for the stock. The research report suggests a target price of Rs 165.(June 13, 2023).
- HDFC Securities has given a target price of Rs 119 for Karur Vysya Bank in its recent assessment.(May 16, 2023)
- ICICI Securities has set a target price of Rs 120 for Karur Vysya Bank, as per their latest evaluation.(Jan 24, 2023)
FAQ’S
The maximum share price target of Karur Vysya Bank in 2027 is Rs. 163.56
The maximum share price target of Karur Vysya Bank in 2029 is Rs. 514.05
The maximum share price target of Karur Vysya Bank in 2030 is Rs. 572.46
POINTS TO NOTE WHILE INVESTING IN KARUR VYSYA BANK SHARES:
– Over the past five years, the company has achieved a commendable profit growth of 26.2% CAGR.
– The company’s interest coverage ratio is relatively low.
– In contrast, the sales growth over the past five years has been poor, standing at 2.72%.
– The promoter holding in the company is low, at 2.24%.
– Over the last three years, the company’s return on equity has been at a modest level of 9.87%.
– The company faces contingent liabilities amounting to Rs. 11,590 Cr.
– There are indications that the company might be capitalizing the interest cost.
– The earnings of the company include a significant other income of Rs. 1,293 Cr.
CONCLUSION: KARUR VYSYA BANK
According to Karur Vysya Bank’s financial filings for the past five years, the company’s growth has fluctuated, with different rates of sales and profit growth. Although though the company’s total income growth has slowed, PAT has greatly increased in FY 2022, and the company has consistently raised its net interest margin over time. The provisions and contingencies, on the other hand, have constantly been high, pointing to a higher risk connected to the business’ operations.
Before making any choices on investments in shares of Karur Vysya Bank, investors should carefully review these financial statements. When making a stock market investment, it’s necessary to take the company’s current financial status and future possibilities into account.
Suhani Bhat, a student of Hansraj college, is a finance writer who takes deep interest in stock market, mutual funds, and other financial news. She writes for multiple finance blogs, including Financegradeup.com. Other than English, she also speaks Hindi.