Barclays Capital Mauritius acquired 11.60 lakh shares of private sector lender Karnataka Bank for Rs 22.54 crore. As per bulk data available with the stock exchanges, Barclays Capital Mauritius Ltd bought 11,60,210 shares of the private sector bank (amounting to 0.61 per cent stake).
The shares were purchased at Rs 194.31 apiece valuing the deal at Rs 22.54 crore, data showed. However, the identity of the seller of the shares could not be ascertained. Shares of Karnataka Bank jumped by 11.38 per cent to settle at Rs 195.70 apiece on the BSE. During the intra-day, the stock touched its 52-week high at Rs 197.60.
Karnataka Bank stock price
On November 26, 2015, Karnataka Bank closed at Rs 124.15, up Rs 0.95, or 0.77 percent. The 52-week high of the share was Rs 158.00 and the 52-week low was Rs 108.30.
The company's trailing 12-month (TTM) EPS was at Rs 24.03 per share as per the quarter ended September 2015. The stock's price-to-earnings (P/E) ratio was 5.17. The latest book value of the company is Rs 179.82 per share. At current value, the price-to-book value of the company is 0.69.
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