Karur Vysya Bank Shares Soar 11% After Stellar Q1 Results. What Investors Should Know
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3 Articles
Karur Vysya Bank shares soar 11% after stellar Q1 results. What investors should know
Karur Vysya Bank shares rose sharply after the private lender posted a 45% year-on-year jump in Q1 net profit to Rs 756 crore. Strong growth in net interest income, an improved net interest margin, healthy loan and deposit growth, and stable asset quality lifted investor sentiment.
Karur Vysya Bank shares surge over 10% after the private sector lender's Q1 profit jumps 45%; details here
Karur Vysya Bank share price surged more than 10% in intraday deals on the BSE on Tuesday, 21 July, a day after the company posted a strong 45% YoY jump in its net profit for Q1FY27.
Karur Vysya Bank Q1 FY27 net profit rises 45% to Rs 756 crore; advances cross Rs 1.04 lakh crore, deposits up 15%, NIM improves to 4.34%.
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