Karur Vysya Bank rose 1.54% to Rs 484 at 10:41 IST on BSE after the bank said that its board of directors has considered and approved a 5-for-1 stock split.
The announcement was made after market hours yesterday, 19 September 2016.Meanwhile, the BSE Sensex was down 72.50 points, or 0.25%, to 28,562
On BSE, so far 22,000 shares were traded in the counter, compared with average daily volume of 24,500 shares in the past one quarter. The stock hit a high of Rs 485.50 and a low of Rs 480.10 so far during the day. The stock hit a 52-week high of Rs 541.40 on 11 July 2016. The stock hit a 52-week low of Rs 393.90 on 29 February 2016. The stock had underperformed the market over the past 30 days till 19 September 2016, falling 5.24% compared with Sensex's 1.99% rise. The scrip had also underperformed the market in past one quarter, dropping 2.28% as against Sensex's 6.79% rise.
The mid-cap private sector bank has an equity capital of Rs 121.86 crore. Face value per share is Rs 10.
Karur Vysya Bank's net profit rose 8.7% to Rs 146.35 crore on 1.9% rise in total income to Rs 1547.31 crore in Q1 June 2016 over Q1 June 2015.
Karur Vysya Bank has 667 branches and 1655 ATMs as on 31 March 2016.
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