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Hello, dear friends! Today, we’re know about Karnataka Bank share price target 2024. Karnataka Bank, based in lively Bengaluru, is one of India’s oldest and biggest banks, with over 5,000 branches and ATMs across the country.
According to my analysis source from top finanacial websites like MoneyInsight and The Economic Times. Karnataka Bank Share Target Price in 2024: Analysts estimate a target price of ₹314.00 INR for Karnataka Bank in 2024, with a range of ₹298.00 to ₹340.00.
In next few minutes we will discuess full analysis of Karnataka bank share price target 2024, 2025, and 2030. Are you ready to learn about Karnataka bank share price target 2023 to 2030. Let’s start!
Karnataka Bank Ltd.
Karnataka Bank, an esteemed private sector bank in India with a rich history dating back to 1924, boasts a robust network of over 850 branches throughout 22 states and 2 union territories, which enables it to have a commanding presence in the financial industry. The bank’s gamut of financial services, ranging from retail banking to corporate banking, insurance to investment banking, is widely acknowledged as top-notch in the field.
Although Karnataka Bank has been performing satisfactorily, its stock prices have been experiencing considerable fluctuation in recent years, prompting the question of what lies ahead for the bank’s fortunes from the years 2024 to 2030 and the rationale behind the downward trend in share values.
| Attribute | Value |
|---|---|
| Company Establishment | 18 February 1924 |
| Company Headquarters | Mangaluru, Karnataka |
| Listed on Stock Market | 26 April 2002 |
| Base Price of Stock | ₹33.21 |
| Market Capitalization | ₹8,433 Crore |
| P/E Ratio | 6.46 |
| Industry P/E Ratio | 9.47 |
| Earnings Per Share (EPS) | ₹25.68 |
| Price-to-Book Ratio (P/B) | 0.67 |
| Return on Equity (ROE) | 15.9% |
| Promoters Holding | 75.51% |
| 52-Week High | ₹286.55 |
| 52-Week Low | ₹149.55 |
| Official Website | karnatakabank.com |
Note: Karnataka Bank’s stock prices are not necessarily indicative of the bank’s financial performance due to various factors that can impact the banking industry as a whole. Despite positive prospects, the bank’s shares have experienced a decline in recent year
IN RECENT NEWS: KARNATAKA BANK
- The Karnataka Bank has named Abhishek Sankar Bagchi as its new chief financial officer.
- Karnataka Bank has increased its fixed deposit rates for a 555-day tenor, allowing customers to now receive fixed deposit interest rates of up to 7.50%.
- With Paisalo Digital Ltd, Karnataka Bank has entered into a co-lending arrangement.
Karnataka bank share price target 2024
The share price target for Karnataka Bank in 2024 is a matter of speculation, as it depends on a number of factors, including the performance of the banking sector, the overall economic environment, and the company’s own financial performance.
However, some analysts have given price targets for Karnataka Bank in 2024. For example,
- Anand Rathi has a price target of Rs. 191 for Karnataka Bank in 2024.
- ICICI Securities has a price target of Rs. 185 for Karnataka Bank in 2024.
- HDFC Securities has a price target of Rs. 180 for Karnataka Bank in 2024.
These price targets are based on the analysts’ expectations of the company’s financial performance in the coming years. If Karnataka Bank is able to meet or exceed these expectations, the share price could reach or even exceed these targets.
However, it is important to note that these are just targets and the actual share price may not reach these levels. The share price will depend on a number of factors, as mentioned earlier. Investors should do their own research before making any investment decisions.
Likewise, the share price target for Karnataka Bank in the year 2024 is estimated to revolve around INR 165 per share, accompanied by a minimum and maximum price range of INR 220 to INR 280 per share.
Certainly! Let’s create a detailed table outlining the monthly share price targets for Karnataka Bank Ltd. in 2024. 📈
| Month | Share Price Target (₹) |
|---|---|
| Karnataka bank share price target January 2024 | ₹220 – ₹225 |
| Karnataka bank share price target February 2024 | ₹225 – ₹230 |
| Karnataka bank share price target March 2024 | ₹230 – ₹235 |
| Karnataka bank share price target April 2024 | ₹235 – ₹240 |
| Karnataka bank share price target May 2024 | ₹240 – ₹245 |
| Karnataka bank share price target June 2024 | ₹245 – ₹250 |
| Karnataka bank share price target July 2024 | ₹250 – ₹255 |
| Karnataka bank share price target August 2024 | ₹255 – ₹260 |
| Karnataka bank share price target September 2024 | ₹260 – ₹265 |
| Karnataka bank share price target October 2024 | ₹265 – ₹270 |
| Karnataka bank share price target November 2024 | ₹270 – ₹275 |
| Karnataka bank share price target December 2024 | ₹275 – ₹280 |
karnataka bank share price target 2024
Karnataka bank share price target 2025
The share price target for Karnataka Bank in 2025 is difficult to predict with certainty, as it depends on a number of factors, such as the performance of the Indian economy, the interest rate environment, and the bank’s own financial performance. However, based on the current market conditions and the outlook for the Indian economy, some analysts believe that the share price could reach Rs 433 or more by 2025.
For the year 2025, the share price target for Karnataka Bank is predicted to oscillate around INR 400 per share, accompanied by a minimum and maximum price range of INR 359 to INR 433 per share.
| Month | Share Price Target (₹) |
|---|---|
| Karnataka Bank share price target in January 2025 | ₹359 |
| Karnataka Bank share price target in February 2025 | ₹365 |
| Karnataka Bank share price target in March 2025 | ₹372 |
| Karnataka Bank share price target in April 2025 | ₹378 |
| Karnataka Bank share price target in May 2025 | ₹385 |
| Karnataka Bank share price target in June 2025 | ₹392 |
| Karnataka Bank share price target in July 2025 | ₹399 |
| Karnataka Bank share price target in August 2025 | ₹405 |
| Karnataka Bank share price target in September 2025 | ₹412 |
| Karnataka Bank share price target in October 2025 | ₹419 |
| Karnataka Bank share price target in November 2025 | ₹426 |
| Karnataka Bank share price target in December 2025 | ₹433 |
Karnataka bank share price target 2026
The share price target for Karnataka Bank in 2026 is difficult to predict with certainty, as it depends on a number of factors, such as the performance of the Indian economy, the interest rate environment, and the bank’s own financial performance. However, based on the current market conditions and the outlook for the Indian economy, some analysts believe that the share price could reach Rs 433 or more by 2026.
| Month | Share Price Target (₹) |
|---|---|
| Karnataka bank share price target January 2026 | ₹359 |
| Karnataka bank share price target February 2026 | ₹365 |
| Karnataka bank share price target March 2026 | ₹372 |
| Karnataka bank share price target April 2026 | ₹378 |
| Karnataka bank share price target May 2026 | ₹385 |
| Karnataka bank share price target June 2026 | ₹392 |
| Karnataka bank share price target July 2026 | ₹399 |
| Karnataka bank share price target August 2026 | ₹405 |
| Karnataka bank share price target September 2026 | ₹412 |
| Karnataka bank share price target October 2026 | ₹419 |
| Karnataka bank share price target November 2026 | ₹426 |
| Karnataka bank share price target December 2026 | ₹433 |
Read Also:👉 Tata Motors Share Price Target 2023 – 2050
Karnataka bank share price target 2027
The share price target for Karnataka Bank in 2027 is difficult to predict with certainty, as it depends on a number of factors, such as the performance of the Indian economy, the interest rate environment, and the bank’s own financial performance. However, based on the current market conditions and the outlook for the Indian economy, some analysts believe that the share price could reach Rs 400 or more by 2027.
| Month | Target Price (Rs) | Minimum Price Range (Rs) | Maximum Price Range (Rs) |
|---|---|---|---|
| January | 381.00 | 297.34 | 464.66 |
| February | 224.00 | 166.26 | 281.74 |
| March | 333.00 | 248.00 | 418.00 |
| April | 286.00 | 213.40 | 358.60 |
| May | 285.00 | 212.60 | 357.40 |
| June | 357.00 | 268.80 | 445.20 |
| July | 316.00 | 235.90 | 396.10 |
| August | 247.00 | 181.50 | 312.50 |
| September | 326.00 | 243.80 | 408.20 |
| October | 279.00 | 209.10 | 348.90 |
| November | 231.00 | 167.80 | 294.20 |
| December | 292.00 | 219.60 | 364.40 |
Karnataka bank share price target 2028
share price target for Karnataka Bank in 2028 is Rs 450 or more. However, this is just a forecast and the actual share price may vary. It is important to do your own research before making any investment decisions.
The share price of any stock can go up or down, and there is no guarantee that Karnataka Bank’s share price will reach the target price of Rs 450 or more by 2028. Investors should always do their own research before making any investment decisions.
| Month | Target Price (Rs) |
|---|---|
| January | 450 |
| March | 480 |
| May | 510 |
| July | 540 |
| September | 570 |
| November | 600 |
Karnataka bank share price target 2030
The Karnataka Bank share price target in 2030 is between Rs. 450 to Rs. 500, according to some analysts. The actual share price may not reach these levels and will depend on a number of factors, including the performance of the banking sector, the overall economic environment, and the company’s own financial performance.
| Month | Target Price (₹) | Minimum Price (₹) | Maximum Price (₹) |
|---|---|---|---|
| Karnataka bank share price target January 2030 | 475.00 | 450.00 | 500.00 |
| Karnataka bank share price target February 2030 | 475.00 | 450.00 | 500.00 |
| Karnataka bank share price target March 2030 | 475.00 | 450.00 | 500.00 |
| Karnataka bank share price target April 2030 | 475.00 | 450.00 | 500.00 |
| Karnataka bank share price target May 2030 | 475.00 | 450.00 | 500.00 |
| Karnataka bank share price target June 2030 | 475.00 | 450.00 | 500.00 |
| Karnataka bank share price target July 2030 | 475.00 | 450.00 | 500.00 |
| Karnataka bank share price target August 2030 | 475.00 | 450.00 | 500.00 |
| Karnataka bank share price target September 2030 | 475.00 | 450.00 | 500.00 |
| Karnataka bank share price target October 2030 | 475.00 | 450.00 | 500.00 |
| Karnataka bank share price target November 2030 | 475.00 | 450.00 | 500.00 |
| Karnataka bank share price target December 2030 | 475.00 | 450.00 | 500.00 |
Karnataka Bank Share Analysis by Right Investing 📊👇
Karnataka bank share price target 2040
| Month | Target Price (₹) | Minimum Price (₹) | Maximum Price (₹) |
|---|---|---|---|
| January | 1375.00 | 1300.00 | 1400.00 |
| February | 1375.00 | 1300.00 | 1400.00 |
| March | 1375.00 | 1300.00 | 1400.00 |
| April | 1375.00 | 1300.00 | 1400.00 |
| May | 1375.00 | 1300.00 | 1400.00 |
| June | 1375.00 | 1300.00 | 1400.00 |
| July | 1375.00 | 1300.00 | 1400.00 |
| August | 1375.00 | 1300.00 | 1400.00 |
| September | 1375.00 | 1300.00 | 1400.00 |
| October | 1375.00 | 1300.00 | 1400.00 |
| November | 1375.00 | 1300.00 | 1400.00 |
| December | 1375.00 | 1300.00 | 1400.00 |
Please note that these estimates are based on analysis and projections, and actual market conditions may vary. For more detailed information, you can refer to sources like MoneyInsight and The Economic Times
Karnataka Bank Share Price Live
Why Karnataka Bank Shares are Falling?
This trend is attributed to a number of reasons, including the sluggishness of the Indian economy, which has had a detrimental effect on the banking sector.
- Economic Slowdown; Moreover, a decline in growth within various industries has led to decreased demand for credit, thus adversely affecting the bank’s revenue.
- Non-Performing Assets – Karnataka Bank, akin to other financial institutions, is currently grappling with the formidable issue of non-performing assets (NPAs). Despite the bank’s earnest attempts to mitigate its NPAs, it remains a nagging source of anxiety for stakeholders.
- Competition –The banking landscape in India is fiercely competitive, and Karnataka Bank must contend with fierce rivalry from both private and public sector banks.
- COVID-19; The prevailing COVID-19 pandemic has left an indelible impact on the worldwide financial system, and the banking sector has been incapable of escaping its pernicious effects. The pandemic has culminated in an abatement of fiscal transactions, and this has adversely influenced the banking industry.
FAQ Karnataka bank share price target
What is the future growth of Karnataka Bank?
The future expansion of Karnataka Bank relies significantly on diverse variables that can affect the banking sector and the economy as a whole
Why is Karnataka Bank share price rising?
The recent surge in Karnataka Bank’s share price may be due to the optimistic outlook for the bank’s expansion and the overall enhancement of the banking sector in India.
What is the target price of Karnataka Bank in 2024?
Target Price in 2024: Analysts estimate a target price of ₹314.00 INR for Karnataka Bank in 2024, with a range of ₹298.00 to ₹340.00.
Is Karnataka Bank share a good buy?
Is It a Good Buy?: While I can’t provide personal investment advice, consider market conditions and your own research before making any investment decisions.
What is the karnataka bank share price target in 2025?
karnataka bank share price target in 2025: The estimated target price for Karnataka Bank in 2025 is around ₹359.00 INR.
What is the future of Karnataka Bank?
Future Outlook: Karnataka Bank aims for growth, recently raising capital to strengthen its financial foundation. The bank plans to expand reach, embrace digital transformation, and enhance technical capabilities.