Karnataka Bank Share Price Target 2025: Shares drop 8% after CEO, ED exit – BUY, SELL or HOLD?

Stock Market Today | On Monday, 30 June 2025, Nifty 50 was trading 0.44% lower at 25525.15, while the Sensex 30 was trading 0.56% lower at 83589.03. On the sectoral front, the Nifty IT index was up 0.30%, and the Nifty Bank index was down 0.19%.

Share price movement of Karnataka Bank – 30 June 2025

On Monday, 30 June 2025, Karnataka Bank share price was Rs 195.67, down 5.77% from its previous close of Rs 207.65. The stock reached a high of Rs 204.83 and a low of Rs 190.00. A total of 17,794,963 shares changed hands, compared to its average volume of 1,303,707. The company has a market cap of Rs 73.969 billion and a PE ratio of 5.82.

Karnataka Bank Share Price Target 2025

Axis Securities has a “BUY” rating on Karnataka Bank shares with a target price of Rs 270 apiece. As of Monday, 30 June 2025, the share price of Karnataka Bank was Rs 195.67. From this level, there is a potential upside of approximately 37.97%.

Recent news on Karnataka Bank:

The stock plunged between 6% and 8.5% in early trade on Monday, June 30, after both the MD & CEO Srikrishnan Hari Hara Sarma (effective July 15) and Executive Director Sekhar Rao (effective July 31) resigned. Both cited personal reasons, including relocation issues, with Sarma moving to Mumbai and Rao unable to shift to Mangaluru. Suspicion also surrounds a Rs 1.53 crore unapproved consultancy expense flagged by auditors.

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Stock performance of Karnataka Bank (1W, 6M, 1Y)

As of 30 June 2025, Karnataka Bank has delivered a -2.18% return over the past week, -8.64% over the past six months, and -12.5% over the past year.

Shareholding pattern of Karnataka Bank:

ParticularsMar 2025Dec 2024Sep 2024
FII12.88%11.22%10.29%
DII18.16%20.23%22.05%
Public68.97%68.55%67.67%

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