Kunal Bothra, Head of Advisory of LKP Securities told CNBC-TV18, "Karnataka Bank is one of the few stocks due for a very strong run. I believe from a short to medium-term perspective one could look at a target of at least Rs 150 and then Rs 160. These are the two hurdles which I am keeping out for Karnataka Bank. One could trail stoploss to Rs 134-135."
The company's trailing 12-month (TTM) EPS was at Rs 21.12 per share. (Sep, 2014). The stock's price-to-earnings (P/E) ratio was 6.80. The latest book value of the company is Rs 161.96 per share. At current value, the price-to-book value of the company was 0.89. The dividend yield of the company was 2.79 percent.
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