Karnataka Bank Stock Rises Despite 8% Drop in Q4 Net Profit

Karnataka Bank gains on entering into strategic partnership with Pine Labs

Mumbai, May 19 — Shares of Karnataka Bank surged over 2% in Monday’s trade, defying a decline in quarterly profits, as investor sentiment remained upbeat on steady income growth and future outlook. The stock is currently trading at ₹200.05, up ₹4.50 or 2.30% from its previous close of ₹195.55 on the BSE. The stock opened … Read more

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