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Karnataka Bank shares in focus amid HDFC Life tie-up on insurance products

Karnataka Bank shares rallied 59.4 per cent in the last six months against 1.26 per cent drop in the BSE Bankex during the same period. In the last one month though, the scrip is down 2 per cent.

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Karnataka Bank shares slip after hitting 52-week high; Axis Securities sees stock at Rs 250. Details here

Karnataka Bank share price: Domestic brokerage Axis Securities has given a 'Buy' call on the counter with a target price of Rs 250 over a period of 12 to 18 months. "The management is centralizing processes to build capacities on the operational and technological side as well as to deploy sales teams outside the branches," it stated.
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Karnataka Bank shares dive 6% today amid heavy volumes; here's why

Karnataka Bank share price: The counter's 14-day relative strength index (RSI) came at 39.29. A level below 30 is defined as oversold while a value above 70 is considered overbought. The company's stock has a price-to-equity (P/E) ratio of 4.44.
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