Karur Vysya Bank rose 0.05% to Rs 332.10 at 12:31 IST on BSE after a block deal of 4.5 lakh shares was executed in the counter on BSE at Rs 332.50 per share at 9:58 IST.
The block deal constitutes 0.41% of Karur Vysya Bank (KVB)'s equity.
Meanwhile, the S&P BSE Sensex was up 38.40 points or 0.19% at 20,697.92.
On BSE, so far 4.54 lakh shares were traded in the counter as against average daily volume of 41,119 shares in the past one quarter.
The stock was volatile. The stock rose as much as 1% at the day's high of Rs 335.30 so far during the day. The stock lost as much as 0.42% at the day's low of Rs 330.55 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 16 December 2013, declining 1% compared with the Sensex's 1.28% rise. The scrip had also underperformed the market in past one quarter, sliding 0.61% as against Sensex's 4.65% rise.
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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.
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