Sharmila Joshi of sharmilajoshi.com told CNBC-TV18, "At this price Karnataka Bank for me is a hold. I would think that some of these bank are better place to in terms of non-performing assets or other banking parameters to sort of whether the storm going ahead, so for me at this price Karnataka Bank is a hold."
At 15:15 hrs Karnataka Bank was quoting at Rs 152.45, up Rs 0.35, or 0.23 percent.
The share touched its 52-week high Rs 181.15 and 52-week low Rs 104.25 on 02 June, 2017 and 27 December, 2016, respectively.
Currently, it is trading 15.84 percent below its 52-week high and 46.24 percent above its 52-week low.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!