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.
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KARUR VYSYA BANK IN RECENT NEWS
- Karur Vysya Bank 794th branch opened in Addanki.
- Karur Vysya Bank aims to reduce NPAs by March 2023.
KARUR VYSYA BANK SHARE PRICE TARGET 2023
|KV BANK SHARE PRICE TARGET 2023||Maximum Price||Minimum Price|
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 ₹102.55 in February 2023 to ₹137.59 in December 2023. The minimum price is also expected to follow a similar pattern, with the lowest point of ₹54.23 in May 2023 and gradually increasing to ₹105.84 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|
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.
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KARUR VYSYA BANK SHARE PRICE TARGET 2025
|KV BANK SHARE PRICE TARGET 2025||Maximum Price||Minimum Price|
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|
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.
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FINANCIAL STRENGTH OF KARUR VYSYA BANK (2018 TO 2030)
|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|
Karur Vysya Bank has shown mixed results in terms of revenue growth and profitability over the last five years. The bank’s total income declined by 2.61% in FY 2022, after a fall of 8.64% in the previous year, but showed a growth of 5.40% in FY 2020.
Similarly, the bank’s provisions and contingencies declined by 10.56% in FY 2022 after a sharp fall of 29.88% in FY 2021, but showed an increase of 1.73% in FY 2020. In terms of profit growth, Karur Vysya Bank’s PAT showed an impressive growth of 87.34% in FY 2022, after a growth of 52.92% in FY 2021.
However, the bank’s PAT had declined by 39.00% in FY 2019 and 42.96% in FY 2018. The bank’s net interest margin (NIM) remained steady at an average of around 3.40% over the last five years, while the net profit margin (NPM) ranged from a low of 3.62% in FY 2019 to a high of 12.04% in FY 2022. The bank’s basic EPS has also shown an increasing trend, with a high of ₹8.42 in FY 2022, up from ₹4.50 in FY 2021, and ₹2.94 in FY 2020.
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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
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.