KARURVYSYA

Fundamental: Revenue +15.4% YoY | PAT +41.2% YoY | 5Y PAT CAGR 39% | P/E 9.1x vs sector 27.5x (67% discount; below own 10Y avg of 12.2x) | Upside 17.4% | Institutional Holding 58.5% (+1.45%) | Dividend Yield 1.12% | Rating 8.68 Technical: Broke above ₹300 resistance — above all key 50/100/200 EMAs, positive overall trend | RSI 60 — healthy bullish momentum, not overbought | ADX 11 — uptrend developing, early stage with room to strengthen | MACD positive — bullish crossover supporting continued upside Moat: A well-run private sector bank with deep roots in Tamil Nadu's SME and retail lending ecosystem — a 67% P/E discount to banking peers, robust 5-year earnings compounding, and near-60% institutional holding reflect a high-quality franchise that the market has consistently undervalued relative to its fundamentals. View: Ranked #2 in the banking segment with a perfect valuation score (10/10), trading at a 67% discount to peers and below its own historical P/E — the breakout above ₹300 backed by strong institutional accumulation and a 41% PAT growth quarter makes this one of the cleanest value-momentum setups in private banking right now.