India's Karnataka Bank jumps most since 2023 after block deals at premium

Karnataka Bank

21/11/2025 09:17

** Shares of Karnataka Bank KBNK.NS climb 9.2% to 191.11 rupees
** 3.9 mln shares changed hands across six block deals as of 2:20 P.M. IST at a premium of 4.2% to 9.7% to previous close, as per LSEG data
** Stock set to rise most in a session since June 30, 2023
** Stock moved above its 50-day, 100-day, 200-day simple moving avgs during the session
** About 29.4 mln shares traded, 14.7x their 30-day moving avg
** Shares changed hands most in a session since June 30, 2023
** YTD, KBNK down ~11%

 (Reporting by Anuran Sadhu in Bengaluru)

 ((Anuran.Sadhu@thomsonreuters.com; +91 8697274436;))