Category: Karur Vysya Bank

LTIMindtree
LTIMindtree Ltd (NS:) (LTIM) reported largely in-line performance in Q1FY24. With flat sequential revenue performance in Q1, the asking rate is substantial (>4% CQGR) for LTIM to achieve its ‘aspirational’ double-digit growth for FY24E. We believe that LTIM will continue to grow at a considerable growth premium to tier-1 IT and the company will take market share from tier-1 IT (5% of India tier-1 IT but ~9% share of incremental growth).
Q1 FY24 highlights:

LTIM posted revenue of USD 1,059mn (HSIE est. USD 1,066mn), +0.1% QoQ CC and 8.2% YoY CC.
Sequential growth was led by the Hi-Tech vertical recovery (+3.2% QoQ following the prior two-quarters of decline), supported…
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Source: https://in.investing.com/analysis/results-review-for-ltimindtree-tata-elxsi-karur-vysya-bank-200591987

30 Jan 2024, 11:48:12 AM ISTKarur Vysya Bank share price Today :Karur Vysya Bank trading at ₹192.05, up 0.44% from yesterday’s ₹191.2 The current stock price of Karur Vysya Bank is ₹192.05. It has experienced a percent change of 0.44, indicating a slight increase. The net change is 0.85, suggesting a positive movement in the stock price.
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Source: https://mintgenie.livemint.com/amp/news/markets/karur-vysya-bank-share-price-live-blog-for-30-jan-2024-151706582744121

Karur Vysya Bank Stock Price TodayKarur Vysya Bank Share Price Today : On the last day, Karur Vysya Bank’s stock opened at ₹181.35 and closed at ₹179.85. The stock reached a high of ₹186 and a low of ₹178.65. The market capitalization of the company is ₹14,472.36 crore. The 52-week high for the stock is ₹188.55 and the 52-week low is ₹92.8. The BSE volume for the stock was 1,229,714 shares.Disclaimer: This is an AI-generated live blog and has not been edited by MintGenie staff.
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Source: https://mintgenie.livemint.com/news/markets/karur-vysya-bank-share-price-live-blog-for-29-jan-2024-151706498078555

The management team at Rare Enterprises made changes to the portfolio by adding new stocks and reducing stakes in others.

Updated On – 16 July 2023, 01:32 PM

Hyderabad: Big Bull Rakesh Jhunjhunwala‘s net worth rose…
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Source: https://telanganatoday.com/aafter-rakesh-jhunjhunwalas-passing-net-worth-dropped-for-two-consecutive-quarters-under-rare-team

29 Jan 2024, 11:17:13 AM ISTKarur Vysya Bank share price Today :Karur Vysya Bank trading at ₹189, up 4.94% from yesterday’s ₹180.1 The current stock price of Karur Vysya Bank is ₹189. It has experienced a percent change of 4.94, indicating an increase in value. The net change is 8.9, which suggests that the stock price has increased by this amount.
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Source: https://mintgenie.livemint.com/amp/news/markets/karur-vysya-bank-share-price-live-blog-for-29-jan-2024-151706498078555

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ICICI Securities research report on Karur Vysya Bank
Despite 18bps QoQ NIM decline (though in-line) and Rs250mn of floating provisions, Karur Vysya Bank (KVB) reported strong Q1FY24 PAT at Rs3.5bn (8% beat) driven by healthy ‘other income’ and ~45% QoQ drop in provisions led by continued strong asset quality. We like KVB for 1) one of the lowest cost of deposits among peers, 2) balanced loan book and broad-based growth, 3) amongst lowest SMA 1+2 book across peers at 20% PCR on RSA and 100% PCR on SR, while it…
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Source: https://www.moneycontrol.com/news/business/stocks/buy-karur-vysya-bank-target-of-rs-165-icici-securities-10982521.html/amp

Successful stock market investment requires adhering to proven principles and exercising patience. There are instances when the market presents lucrative opportunities for those willing to embrace the evolving landscape. In 2023, artificial intelligence (AI) stood out as the definitive avenue for potential financial gains; with some experts suggesting that despite concerns about inflated stock valuations, technology stocks remain poised for substantial growth in the ongoing AI revolution. On this note, let’s take a look at the 10 stock options to gain profit in the next 3-4 weeks.Karur Vysya Bank Consider investing in Karur Vysya Bank, setting a stop loss at Rs 160 and aiming for a…
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Source: https://www.news18.com/amp/business/karur-vysya-bank-to-glenmark-pharma-10-stock-options-to-gain-profit-in-the-coming-weeks-8711590.html

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Private sector Karur Vysya Bank has strengthened its presence by inaugurating four new branches under its expansion drive, the Tamil Nadu based bank said on Tuesday.
The bank, on July 24, inaugurated a new branch each in Velliyanai in Karur district, Sathuvachari in Vellore and also in Punganur, Chittoor in Andhra Pradesh and Ibrahimpatnam, Rangareddy in Telangana.

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With the inauguration of the four new branches, the total number of branches grew to 812, the Tamil…
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Source: https://www.moneycontrol.com/news/business/karur-vysya-bank-strengthens-presence-with-four-new-branches-11025291.html/amp