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Hold Karnataka Bank: Sharmila Joshi

Sharmila Joshi of sharmilajoshi.com is of the view that one may hold Karnataka Bank.

December 26, 2017 / 15:19 IST

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.

CNBC-TV18
first published: Dec 26, 2017 03:17 pm

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