π Karur Vysya Bank Soars 12% After Strong Q1; Nears All-Time High
$KARURVYSYA surged over 12% today, approaching its all-time high level, after delivering a robust Q1 performance that impressed investors. The bank reported a 44.9% YoY jump in net profit to βΉ756 crore, compared to βΉ521 crore in the corresponding quarter last year. Net Interest Income (NII) grew 31.8% YoY to βΉ1,423 crore, while Net Interest Margin (NIM) improved to 4.34% from 3.86%. Operationally, the bank crossed a major milestone, with advances surpassing βΉ1 trillion, reaching βΉ1.04 trillion, while deposits rose to βΉ1.23 trillion, both registering 6% QoQ growth. The strong earnings and business growth have fueled sharp buying interest in the stock. π Disclaimer: This content is for information only and not investment advice. Investments in securities market are subject to market risks. Read all the related documents carefully before investing. Please consult a SEBI-registered advisor before making any investment decisions.

















