India's Karur Vysya Bank gains on quarterly profit climb

Karur Vysya Bank

20/05/2025 08:32

** Shares of Karur Vysya Bank KARU.NS rise 2.4% to 225.4 rupees

** Lender posts 12.5% rise in Q4 net profit; NII increases 9.2% to 10.9 billion rupees with loans up 14%

** Investec says bank’s loan growth was steady, primarily driven by retail, agriculture and MSME

** KARU has built strong resilience in growth and asset quality, says ICICI Securities

** Trading vols at 5 mln shares, just over 2x the 30-day average

** Analysts' avg rating on stock is "strong buy", median PT is 270 rupees - data compiled by LSEG

** Stock up 2% YTD vs 8.6% climb in the banks index .NSEBANK

(Reporting by Rudra Pratap Singh in Bengaluru)

((rudrapratap.singh@thomsonreuters.com))