India's Karnataka Bank rises to record high after strong quarterly earnings
30/07/2026 07:31
BUZZ-India's Karnataka Bank rises to record high after strong quarterly earnings ** India's Karnataka Bank KBNK.NS rises 4.8% to a lifetime high of 292.5 rupees
** The lender reports a 24.2% year-on-year jump in first-quarter net interest income, while profit soars 43.3%
** Net interest margin expands 38 basis points from last year, while asset quality improves
** More than 6.3 million shares change hands, ~3.3x of 30-day average daily volume
** YTD, KBNK stock up 40.2%
(Reporting by Vivek Kumar M)