India's Karur Vysya Bank rises as total deposits, advances grew

Karur Vysya Bank

01/01/2025 06:55

** Shares of Karur Vysya Bank  KARU.NS  rise as much as 4.1%
to 226 rupees, before easing to 3% gains
    ** Lender's provisional total deposits grew 15.75% y/y as of
Dec 31, while advances grew 13.96%
    ** 12 analysts' avg rating is equivalent of "strong buy";
median PT 252 rupees, ~13% higher than current price -LSEG data
    ** Stock has more than doubled in value in a seven-qtr rally
    ** It gained 28.6% in 2024, rising for third straight year

 (Reporting by Anuran Sadhu in Bengaluru)
 ((Anuran.Sadhu@thomsonreuters.com; +91 8697274436;))