Don’t miss the latest developments in business and finance.

Karur Vysya Bank drops after two block deals

Image
Capital Market
Last Updated : Nov 19 2013 | 11:55 PM IST

Karur Vysya Bank lost 2.11% to Rs 327.70 at 11:14 IST on BSE after two block deals aggregating 2.30 lakh shares were executed on BSE.

One block deal of 2 lakh shares was executed at Rs 328 per share at 9:45 IST while another deal of 30,024 shares was executed at Rs 330 per share at 9:52 IST. The two block deals constitute 0.21% of Karur Vysya Bank's equity.

Meanwhile, the S&P BSE Sensex was up 36.33 points or 0.17% at 20,887.07.

On BSE, 2.45 lakh shares were traded in the counter as against average daily volume of 25,685 shares in the past one quarter.

The stock hit a high of Rs 335 and a low of Rs 327 so far during the day. The stock had hit a record high of Rs 592.30 on 25 January 2013. The stock had hit a 52-week low of Rs 297.65 on 4 September 2013.

The stock had underperformed the market over the past one month till 18 November 2013, declining 0.52% compared with the Sensex's 0.15% fall. The scrip had also underperformed the market in past one quarter, advancing 2.91% as against Sensex's 12.11% rise.

Also Read

The mid-cap private-sector bank has equity capital of Rs 107.20 crore. Face value per share is Rs 10.

Karur Vysya Bank's net profit declined 37.6% to Rs 82.89 crore on 22.7% growth in total income to Rs 1378.89 crore in Q2 September 2013 over Q2 September 2012.

Karur Vysya Bank is a private-sector bank offering a wide gamut of financial services to its customers.

Powered by Capital Market - Live News

More From This Section

First Published: Nov 19 2013 | 11:11 AM IST

Next Story