Home MarketKarnataka Bank Ltd.

Karnataka Bank Ltd. Stock Info: As on 2017-09-20 15:57:15

Nse

163.00

8.20(5.30%)
Change%
52 Week Range
100.10
22.00
181.00
2.00
Open155.50
Day's Range139.32 - 170.28
Value Traded (in ₹ Cr.) 129.99

Bse

163.00

8.00(5.16%)
Change %
52 Week Range
100.20
22.00
181.15
2.00
Open155.35
Day's Range139.50 - 170.50
Value Traded (in ₹ Cr.) 12.93

Stock Exchange

Category No. Of Shares Share %
ForeignPromoters 0.00 0.00%
IndianPromoters 0.00 0.00%
Mutual Funds/UTI 8,399,461.00 2.97%
FII 61,854,385.00 21.89%
Employee 0.00 0.00%
Public 168,446,943.00 59.60%
Government 0.00 0.00%
Others 24,113,014.00 8.53%
More

Key Statistics

Valuation Measures
Basic EPS 22.04
Diluted EPS 22.03
Cash EPS 24.28
BVPerShare Excl 195.82
BVPerShare Incl 195.82
Operating Revenue 264.89
Price BV 0.52
PriceTo Sales 0.38
Retention Ratios 77.31
Dividend 5.00
Earnings Yield 0.21
NP Per Share 22.04
Cost To Income 25.84
Enterprise Value 508230127630.00
Interest Per Employee 6406840.73
EVPer NetSales 10.18
Int Exp By EarningAssets 6.52
Parameter Mar-16 (₹ Cr.) Yoy%change
Total Income 5,535.07
Total Expenses 5,119.78
EBITDA 8,851.35
PBT 528.00
PAT 415.29
Net Income 415.29
More
Parameter Mar-16 (₹ Cr.) 6M % change
Total Income 2,817.51
Total Expenses 2,371.46
EBITDA 2,296.17
PBT 270.44
PAT 203.70
Net Income 203.70
More
Total Assets
Total Assets
Parameter Mar-16 (₹ Cr.) Yoy%change
Total share capital 188.47
Net worth 3,690.58
Investments 16,256.65
Total Liability 56,500.33
Total debt 51,539.69
Net block 306.64
Total Assets 56,500.33
Parameter Mar-16 (₹ Cr.) 6M % change
Total share capital 188.47
Net worth 3,690.58
Investments 16,256.65
Total Liability 56,500.33
Total debt 51,539.69
Net block 306.64
Total Assets 56,500.33
Company Curr Price Prev. Close Change% W's Low/High

Axis Bank Ltd.

519.45 520.75 -0.25
502.1526

City Union Bank Ltd.

165.05 169.8 -2.8
164.65174.2

DCB Bank Ltd.

197.05 195.55 0.77
188198.5

Dhanlaxmi Bank Ltd.

39.5 39.05 1.15
36.940.4

Federal Bank Ltd.

120.25 119.1 0.97
113.15121.15

HDFC Bank Ltd.

1848.85 1849.7 -0.05
1831.51868

ICICI Bank Ltd.

290.55 294.65 -1.39
289.6295.6
Company Curr Price Prev. Close Change% W's Low/High

Axis Bank Ltd.

519.35 520.85 -0.29
502.65525.65

City Union Bank Ltd.

164.8 169.4 -2.72
164.3174

DCB Bank Ltd.

196.8 195.2 0.82
188.1198.6

Dhanlaxmi Bank Ltd.

39.3 39.1 0.51
37.140.5

Federal Bank Ltd.

120.2 119.05 0.97
113121

HDFC Bank Ltd.

1849.15 1851.55 -0.13
1831.051868

ICICI Bank Ltd.

290.8 294.35 -1.21
289.7295.65
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Parameter Mar-16(in ₹ Cr.)
Cash from operating activities 635.93
Cash from investing activities -57.92
Cash from financing activities -147.25
Net change in cash 430.77

Stock Held By Mutual Fund Schemes

Scheme Holding (%)
Kotak Equity Arbitrage Fund - Regular Plan 0.35%
JM Arbitrage Advantage Fund 1.05%
Aditya Birla Sun Life Enhanced Arbitrage Fund 0.55%
IDFC Sterling Equity Fund 1.11%
Reliance Arbitrage Advantage Fund 0.30%
IDFC Classic Equity Fund 0.63%

NBCC to launch 1,000 flats for sale during festival

State-owned construction firm NBCC will launch about 1,000 flats for sale in this festival season and is in discussion with the government to develop affordable housing projects on surplus land with PSUs. The company is also in talks with the government for developing islands in Andaman and Nicobar and Lakshadweep, its Chairman and Managing Director Anoop Kumar Mittal said. We have been appointed as land management agency for the surplus land with sick PSUs. We are in close discussion with the government to develop affordable housing projects on some of the land parcels, he told reporters. On developing island, Mittal said the company has experience in developing islands in Maldives and expects to bag similar projects in India. We will be launching 1,000 flats as well as commercial area across the country including Delhi-NCR in this festival. The flats will be in the price range of Rs 15 lakh to Rs 1 crore, he said. Asked about taking over stressed projects of Jaypee Infratech and Amrapali, he said the company has not received any offer from any stakeholder including buyers, builders or the government. However, he said the company would certainly consider if there is any opportunity, provided projects should be viable and not bring bad name to the NBCC. On land purchase from Air India, Mittal said the company had signed an MoU with Air India for monetisation of surplus land assets of the national carrier, but there has not been much progress. However, the CMD said that the company has recently bought a land parcel from Air India in Mauritius for Rs 3 crore. Two years back, it had bought another land parcel from Air India in Coimbatore for Rs 25 crore. Mittal said two land parcels in Vasant Vihar and Baba Kharag Singh Marg in Delhi were given on lease to Air India by the government and the same is being returned to the Ministry of Housing and Urban Affairs. The company could develop projects on these two land parcels, he added. Mittal said the company has an order book of Rs 75,000 crore and the same is likely to touch Rs 1 lakh crore in the next few months. The company has an order book of Rs 700 crore from overseas. On developing railway stations, he said the company has bagged 10 projects and would like to develop at least 4-5 projects before acquiring more such projects from the Railway Ministry. Among major projects, NBCC has bagged over Rs 2,000 crore project to develop integrated exhibition-cum-convention centre for ITPO at Pragati Maidan. NBCC, which is under the administrative control of Ministry of Housing and Urban Affairs, is present in three main segments - Project Management Consultancy (PMC), Real Estate Development and EPC Contracting.

20-09-2017 17:10

NTPC wins Bhubaneswar round of Tata Crucible Corporate Quiz

National Thermal Power Corporation Ltd has emerged the winner of the Bhubaneswar regional round of Tata Crucible Corporate Quiz, 2017. Around 50 teams from prominent corporate houses across the state capital participated in the quiz, which will traverse 25 cities in India, a Tata Group release said. Chandan Shahi and Sujit Varkey of NTPC will compete with winning teams from five cities in the zonal finals. Soubhagya Jena and Gursheel Singh Sahni from Reckitt Benckiser were declared as the runners-up. Suresh G Menon, vice-president and general manager - Tata Consultancy Services Ltd (Eastern Region), yesterday felicitated the winners, who were awarded Rs 75,000, while the runners-up took home a prize money of Rs 35,000. The Tata Crucible Corporate Quiz, 2017 format is based on the concept of 'Real-Time Strategy', involving different rounds, with decision-making and strategy being the key to win the title, the release said. The national winners will get a prize money of Rs 5 lakh, along with the Tata Crucible Trophy, it added.

20-09-2017 15:31

Unichem Lab gets USFDA nod for Ibesartan, Hydrochlorothiazide Tablets

Drug major Unichem Laboratories on Wednesday said it has received ANDA approval from the USFDA for Ibesartan and Hydrochlorothiazide Tablets USP, 150mg/12.5mg and 300 mg/12.5 mg which are therapeutically equivalent to Avalide tablets 150 mg/12.5 mg and 300mg/12.5 mg of Sanofi – Aventis US LLC. “Ibesartan and Hydrochlorothiazide is a combination of Ibesartan, an angiotensin II receptor antagonist and Hydrochlorothiazide, a thiazide diuretic. The product is indicated for hypertension in patients likely to need multiple drugs to achieve their blood pressure goals,” said Unichem Laboratories in a filing to the Bombay Stock Exchange. The product will be commercialised from Unichem’s Ghaziabad plant. API will also be made at Pithampura/Roha API plants, it added. Meanwhile, shares of company were trading at Rs 245 apiece, down 1.33 per cent, from previous close on the BSE at 15:20 hours.

20-09-2017 15:12

GIPCL bags 75 MW solar power projects from GUVNL

Gujarat Industries Power Company (GIPCL) said that it has emerged as one of the successful Bidders for the 75 MW Solar Power Project in the e-reverse auction conducted by Gujarat Urja Vikas Nigam (GUVNL). “GIPCL has emerged as one of the successful Bidders for the 75 MW Solar Power Project in the e-reverse auction conducted by Gujarat Urja Vikas Nigam (GUVNL) on September 19, 2017 for 500 MW Solar Power Projects, in the State of Gujarat. on September 19, 2017 for 500 MW Solar Power Projects, in the State of Gujarat,” the company said in a filing to the Bombay Stock Exchange. GIPCL is engaged in business of Electrical Power Generation. The company has a vision to transform itself into a national level power sector enterprise. Meanwhile, shares of the company were trading at Rs 142.65 apiece, up 2.55 per cent from the previous close at 14:25 hours on BSE.

20-09-2017 14:22

PGCIL board approves Rs 198.50 cr for Baharampur unit

State-run electric utilities company Power Grid Corporation of India on Wednesday said its board has approved investment worth Rs 198.49 crore for Baharampur (POWERGRID) –Bheramara, Bangladesh. “The POWERGRID boards of directors in their meeting on September 19, 2017, have accorded investment approval for Baharampur (POWERGRID) –Bheramara, Bangladesh 2nd 400kV D/c Transmission Line (Indian Portion) at an estimated cost of Rs 198.49 crore,” Power Grid Corporation of India said in a filing to the Bombay Stock Exchange. The company further said that the commissioning schedule for plant is 24 months from the date of investment approval. Meanwhile, shares of company were trading at Rs 213.6 apiece, down 0.81 per cent, from previous close on the BSE at 14:10 hours.

20-09-2017 13:59

Karnataka Bank - Board Meeting Dated 24/09/2017

A meeting of the Board of Directors of the Bank has been convened on 24th September 2017, inter-alia, to discuss the transformation initiatives.

20-Sep-2017 02:08 PM

Karnataka Bank inaugurates new branch in Karnataka

Karnataka Bank said that it has opened one new branch on September 18, 2017 in Karnataka. The Bank has inaugurated its 772nd branch located at Makanahalli (Vagata GP) in Karnataka. Karnataka Bank operates as a private sector bank. Its products and services include current account, demand, time, cumulative, cash certificates, insurance linked savings bank deposits, resident foreign currency accounts and senior citizens deposit schemes. Meanwhile, shares of the Bank closed trading at Rs 155.00 apiece, up 0.75 per cent from the previous close on BSE.

18-Sep-2017 04:36 PM

Karnataka Bank - Press Release / Media Release

Karnataka Bank opens its 772nd branch at Makanahalli (Vagata GP) on 18.09.2017.

18-Sep-2017 03:42 PM

Karnataka Bank - Press Release

The Karnataka Bank Limited has informed the Exchange regarding a press release dated September 18, 2017, titled Karnataka Bank opens its 772nd branch at Makanahalli (Vagata GP) on 18.09.2017..

18-Sep-2017 03:41 PM

Karnataka Bank - Analysts/Institutional Investor Meet/Con. Call Updates

The Karnataka Bank Limited has informed the Exchange regarding Analysts/Institutional Investor Meet/Con. Call Updates

15-Sep-2017 05:01 PM

Karnataka Bank - Board Meeting Dated 24/09/2017

A meeting of the Board of Directors of the Bank has been convened on 24th September 2017, inter-alia, to discuss the transformation initiatives.

20-Sep-2017 02:08 PM

Karnataka Bank - Press Release / Media Release

Karnataka Bank opens its 772nd branch at Makanahalli (Vagata GP) on 18.09.2017.

18-Sep-2017 03:42 PM

Karnataka Bank - Press Release / Media Release

Karnataka Bank reduces One Year MCLR by 5 BPS

04-Sep-2017 05:02 PM

Corporate Details

About Management

YEAR EVENTS 1924 - The Bank was incorporated on the 18th day of February at Mangalore. The Bank was promoted in 1924 by Late Shri B. R. Vyasarayachar and other leading members of the South Kanara Region. The Company is engaged in banking business. 1952 - 25,000 No. of equity shares issued at par. 1958 - The Bank was included in the second schedule with effect from 11th January and upgraded from `D' class to `C' class. 1963 - Rs 5 per share was called-up on the 25,000 shares issued in 1952. 1964 - The Bank took over the assets and liabilities of the Chitaldurg Bank Ltd. - 50,000 No. of equity shares issued at par. 1966 - The Bank took over the assets and liabilities of the Bank of Karnataka Ltd., Hubli and consequently opened 14 new branches in places where the Bank of Karnataka Ltd., was formerly functioning. 1970 - Rs 5 per shares called-up during the year making the shares fully called-up. 1978 - Arrears Rs 13,805/-. 1981 - Arrears Rs 3,075/-. 1982 - Arrears Rs 2,900/-. 1983 - Arrears Rs 775/-. 1984 - Arrears Rs 500/-. 1985 - 1,50,000 rights shares issued at par. 1989 - The Company opened a merchant banking division during the year. - 2,50,000 rights shares issued at par. 1990 - Shares sub-divided and 30,000 shares issued at par. 1996 - Authorised capital increased. Difference shares issued through a Rights and Public issue. 2000 - Karnataka Bank, a Mangalore-based private sector bank, has initiated a strategic technology tie-up with the Infosys Technology Limited. - Karnataka Bank, which has entered into a`strategic technological tie-up' with Infosys Technologies Ltd to implement a `Centralised core banking solution' called `Finacle', hopes to be able to provide all the facilities linked with this by the end of the current year. 2002 -Launches multi-branch banking system in 5 cities, allowing customers to bank anywhere within the network. -Launches a relief package after a continous downslide in the prices of different agricultural commodities. -Donates 3 computers to Kannada Sahitya Parishad's President Mr Harikrishna punaroor. -Slashes down the interest rate by 1 to 3 percent on all schematic loans and advances. -Mr A Krishna Kumar Kodgi ceases to be the Director on the Board of the Bank. -Board approves for the issue of bonus shares in the ratio of 1 equity share for every 1 share held on a record date to be fixed later and to offer 1 equity share of Rs.10 each at the price of Rs.25 per share including the share premium. -Ties up with Metlife India for the distribution of insurance products as a corporate agent. -Conducts a 2 day seminar for the bank's inspecting officials. -Allots bonus shares in the ratio of 1:1, 13462372 shares of Rs.10 each have been alloted keeping in abeyance the bonus entitlements of 23850 shares. -Revises the term deposit rates - 5% on domestic term deposits for a period of 7-14 days (deposits of Rs 15 lakh), 5% for 15 to 45 days, 6% for 46 to 90 days, 6.5% for 91 to 179 days, 7% for 180 days to less than one year, 7.5% for one to three years and 7.25% for deposits above three years. 2003 -Reduces its Prime Lending Rates by 0.50 percent, and now the PLR will be 12%. -Offers rights issue of shares in the ratio of one share for every two shares of post-bonus share capital at a premium of Rs. 15 pershare at Rs.10 face value. -Pubic Relations Society of India confers 'The PR person of the year 2002' award on the Chairman and CEO of the Bank, Mr. AnanthaKrishna. -Introduces a new ' resident foreign currency account' in the wake of RBI's permission to maintain foreign currency accounts. -Mr Ananthakrishna's term as the Chairman of the bank is extended for a period of 3 years. -Passes resolution on the declaration of dividend of 22% on the entire paid up capital , and appointment of Mr Bheema Bhat as the Director of the bank. -Announces 1% interest rebate for prompt repayment of loans taken by farmers with a view of increasing its farm credit portfolio. -Revises the interest rate for domestic term deposits. it would pay 4.5% on domestic term deposit for 7 - 14 days (deposits of 15 lakh & above), 4.5% for 15 - 45 days, 5% for 46 - 90 days 5.5% for 91 - 179 days, 6% for 180 - < 1 year, 6.5% for 1 - 3 years, 6.25% for above 3 years. -Change in its Registered Office to PB No. 599, Mahaveera Circle, Kankanady, Mangalore - 575002. PH No:0824-2228222 Fax: 0824- 2225588 Email : info@ktkbank.com. -Ties up with Melife India and launches K-Life a term product designed for SB/current account holders of the bank. -Launches a credit product 'KBL Insta Cash' for consumption purposes, and 'KBL Vahana Mitra' for the purchase of new vehicles. -Bank along with Western Union Financial Services ties up with Bharat Overseas Bank to provide inbound money transfer services. -Allotted 6950 bonus shares as fully paid up equity shares of Rs. 10 each on release of bonus entitlement kept in abeyence in the Bonus Issue 2002. -The Delhi region of the Karnataka Bank has bagged the golden trophy for Best Region and Ludhiana branch bagged the silver trophy for Best Branch, instituted by the Karnataka Bank Employees' Association. The relationship between the management and the union should be based on mutual trust and a sense of responsibility. -Karnataka Bank enters into MOU with Bajaj Allianz 2004 -Karnataka Bank deploys finacle solution in Mangalore branch -The Karnataka Bank Limited has informed that Shri. K. N. Ramasubramanian ceased to be the Director on the Board of the Bank w.e.f. January 19, 2004 on completion of term of 8 years in accordance with Section 10-A of the Banking Regulation Act, 1949. - Bank forms ad-hoc committee for undertaking procedures and performance audit on public services rendered to its customers. The committee comprises the Deputy General Managers, Mr K. Venkataramana Tunga, Mr N. Upendra Prabhu, Mr K.H. Shivaswamy Aithal, and Mr P. Jairama Hande. Mr M.S. Mahabaleshwar Bhat, Assistant General Manager, is the convenor and nodal officer to serve as contact point with the RBI committee. -Karnataka Bank Limited launched 'Gold Card Scheme' for exporters -Delist from the Bangalore Stock Exchange Ltd with effect from November 24, 2004. -Karnataka Bank ties up with India Switch Company -Karnataka Bank's sets up 16th branch in Mumbai 2005 -Karnataka Bank opens branch in Delhi -Karnataka Bank launches Money Quick under real time gross settlement (RTGS) system -Karnataka Bank sets up 46th ATM at Udupi -Karnataka Bank inks agreement with National Financial Switch for ATM connectivity -Karnataka Bank sets up new ATM at Davangere -Karnataka Bank launches `no frills' accounts -Karnataka Bank Issues Rights in the Ratio of 2:1 2006 -Karnataka Bank launched CDSL-DP services at select branches. -Karnataka Bank sets up 396th branch at Vazira Naka -Karnataka Bank Ltd has entered into an agreement with the Indian Railway Catering and Tourism Corporation Ltd. 2007 -Karnataka Bank Ltd has informed that the Board of Directors of the Bank at its meeting held on January 05, 2007 has appointed Shri. T S Vishwanath, Senior Partner, Vishwanath Singh & Associates, Chartered Accountants, New Delhi as Additional Director of the Bank u/s 260 of the Companies Act, 1956. -Karnataka Bank Ltd has appointed Shri. M Sitarama Murty (Retired Managing Director of State Bank of Mysore), Secunderabad as an additional Director of the Bank with effect from November 30, 2007. 2009 - Karnataka Bank has joined hands with HMT Ltd for financing purchase of tractors and the finance will be extended under bank's 'KBL - HMT Sarathi' scheme. - Karnataka Bank Ltd has informed BSE that the members at the 85th Annual General Meeting (AGM) of the Bank held on August 08, 2009, have resolved to appoint M/s. Kamath & Rau, Chartered Accounts, Mangalore and M/s. Vishnu Daya & Co, Chartered Accountants, Bangalore jointly as Statutory Central Auditors of the Bank to hold office from the conclusion of 85th Annual General Meeting until the conclusion of the next Annual General Meeting. - Karnataka Bank Ltd has signed a pact with JCB India Ltd for financing purchase of earth-moving equipment such as backhoe loaders, wheel loaders, excavators, compactors, cranes and skid steers. 2010 - During the Global Investors' Meet in Bangalore, Karnataka Bank Ltd signed the pact with the Government of Karnataka. - Karnataka Bank Ltd has received a special award for use of 'IT (information technology) for internal effectiveness' for 2009. 2011 -"Karnataka Bank offers Online Trading Services in alliance with Way2Wealth Brokers Pvt. Ltd". -Karnataka Bank Ltd Issues Rights in the Ratio of 2:5 2012 -Shri P. Jayarama Bhat has been re-appointed as the Managing Director & CEO of the Bank. -"Karnataka BANK'S Memorandum of Understanding with NABARD for NABCONS". -Karnataka Bank receives National Award for being the best banker among middle-sized banks in customer friendliness. -Karnataka Bank receives I.B.A. Banking Technology Awards 2011. -" Karnataka Bank Bags Two I.B.A. Awards". -"Karnataka Bank launches Current & Savings Accounts campaign". -"Karnataka Bank introduces revised Kisan Credit Card scheme for farmers". -Karnata.Bank - "Operational Excellence Award" to Karnataka Bank in A T M Service. -Karnataka Bank launches public awareness program. -"Karnataka Bank opened First Ultra Small Branch at Byadanur Village of Tumkur District". 2013 -Social Banking Excellence Award. -"Karnataka Bank to Open 26 Ultra Small Branches (USBs). -"Agri Meet" by Karnataka Bank". -"Extend Service and Expand Business". -"Karnataka Bank raises Deposit Interest Rates". -"Karnataka Bank ties up with TimesofMoney for online money transfers into India". -"Karnataka Bank gets ISO 27001:2005 certification for its IT setup" -"Karnataka Bank Launches Special Campaign for Home and Car Loans". 2014 -"Karnataka Bank Launches Online Loan Application for MSME Customers". -"Empower all Households with Banking Facilities". -"Focus on Quality Growth". -"Karnataka Bank to open another 22 branches this fiscal". - "Karnataka Bank opens its 600th branch at Dispur in Assam". -"Karnataka Bank Launches "i-Hundi" Facility thru IVR" - "Training on Information Security Management Systems (ISMS)". 2015 - Karnataka Bank signed MoU with INTECH - Karnataka Bank joins hands with New India Assurance Co Ltd for launching Pradhan Mantri Suraksha Bima Yojna - Karnataka Bank inks MoU with New India Assurance co Ltd. - Karnataka Bank Awarded with ISO 27001:2013 Certificate - Karnataka Bank inks MoU with EICML - "Karnataka Bank Launches Online Loan Application Submission & Credit Proposal Tracking System for MSME Customers - Karnataka Bank launches MUDRA card under Pradhan Mantri Mudra Yojana (PMMY) 2016 -"Karnataka Bank Bags MSME Banking Excellence Awards 2015". -"Karnataka Bank Bags Four Assocham Social Banking Excellence Awards". -"Karnataka Bank introduced one more new technology based facility "Online Account Opening"". -Karnataka Bank bags IBA Banking Technology Award. -"Karnataka Bank Launches 'Cash Back Campaign' on VISA Debit Cards". -Karnataka Bank launches anti-tobacco campaign as part of CSR. - "Karnataka Bank bags CFBP Jamnalal Bajaj Awards 2015". -"Karnataka Bank bags IDRBT Banking Technology Award". -"Karnataka Bank launches 'KBL POS MANAGER' Android Mobile App for its POS (EDC) Merchants".

Registered Office

P B No 599, Mahaveera Circle, Kankanady,

0824-2228222,,,      0824-2225588,

investor.grievance@ktkbank.com

http://www.karnatakabank.com

Registrar Details

Integrated Registry Management Services Pvt. Ltd.