Karur Vysya Bank Hits New 52-Week High of Rs. 254.25

Karur Vysya Bank has reached a significant milestone by hitting a new 52-week high of Rs. 254.25 today, marking a notable achievement for the small-cap private sector bank. This surge comes after a trend reversal, as the stock gained 4.59% following four consecutive days of decline.
In terms of performance, Karur Vysya Bank has outperformed its sector by 3.79%, showcasing its resilience in a fluctuating market environment. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.

Over the past year, the bank has demonstrated impressive growth, with a 35.34% increase in stock value, significantly outpacing the Sensex's 5.33% performance. The bank's robust lending practices are reflected in its low Gross NPA ratio of 0.76% and a high Capital Adequacy Ratio of 15.95%, providing a solid buffer against risk-based assets.

With consistent returns over the last three years and positive results for 17 consecutive quarters, Karur Vysya Bank continues to solidify its position in the market.