Karnataka Bank (Mid Cap - Next Multibagger) Share Target 2024, 2025 To 2039
The Karnataka Bank Limited |
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Price: ₹208.60 | |||
52 Week Low: ₹192.00 52 Week High: ₹285.00 |
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Market Capital: 7,729.49 Crore (Midcap) | |||
Financial Services -> Banks—Regional |
Show Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Karnataka Bank Share Price Target For 2024
- 1.1.1: Karnataka Bank Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: Karnataka Bank Share Price Target For 2025
- 1.2.1: Karnataka Bank Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Karnataka Bank Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: Karnataka Bank Brief Company Overview
- 4: Karnataka Bank Financial Performance
- 4.0.1: Is Karnataka Bank A Good Buy For Long Term?
To predict the Karnataka Bank's future market prices, we harnessed 2 dynamic approaches:
Approach 1: Technical Analysis Paired With Price Action
Approach 2: Machine Learning By Studying Historical Prices
Approach 1: Technical Analysis Paired With Price Action
Karnataka Bank Share Price Target For 2024
The line chart displays the monthly closing prices of Karnataka Bank with a black line. The green line shows three potential target prices for 2024, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for Karnataka Bank shares in 2024, see the table below.
Karnataka Bank Share Price Target Table For 2024
Level | Value | Analysis |
---|---|---|
2024 Target 3 | 218.72 (+4.85%) | Price Action: 13 Dec 2024 Low |
2024 Target 2 | 216.2 (+3.64%) | Price Action: 19 Dec 2024 High |
2024 Target 1 | 213.98 (+2.57%) | Price Action: 20 Dec 2024 High |
Current Price | 208.60 | Karnataka Bank's share price as of 20 Dec 2024 |
Stop Loss 1 | 207.86 (-0.36%) | Fibonacci Retracement Level 98.60% |
Stop Loss 2 | 205.68 (-1.40%) | Price Action: Jul 2023 High |
Stop Loss 3 | 202.71 (-2.83%) | Price Action: 25 Nov 2024 Low |
Short-Term Technical Outlook
Current Technical Position: Karnataka Bank is displaying bearish momentum trading below key moving averages.
Key Technical Level: The 25-day moving average at ₹213.27 serves as the nearest technical reference point.
Historical Returns: 3-month: -9.80% | 6-month: -4.65% | 1-year: -8.74%
Karnataka Bank Share Price Target For 2025
The line chart displays the monthly closing prices of Karnataka Bank with a black line. The green line shows three potential target prices for 2025, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for Karnataka Bank shares in 2025, see the table below.
Karnataka Bank Share Price Target Table For 2025
Level | Value | Analysis |
---|---|---|
2025 Target 3 | 278.34 (+33.43%) | Fibonacci Extension Level 100.00% |
2025 Target 2 | 271.19 (+30.00%) | Price Action: Chart |
2025 Target 1 | 268.5 (+28.71%) | Fibonacci Extension Level 64.90% |
Current Price | 208.60 | Karnataka Bank's share price as of 20 Dec 2024 |
Stop Loss 1 | 191.35 (-8.27%) | Price Action: Aug 2023 Low |
Stop Loss 2 | 188.78 (-9.51%) | Fibonacci Retracement Level 98.60% |
Stop Loss 3 | 185.81 (-10.93%) | Price Action: Jun 2023 High |
Long-Term Technical Outlook
52-Week Range Analysis: Karnataka Bank is currently trading near its 52-week low of ₹192, indicating potential value opportunity.
Long-Term Trend Analysis: The stock is in a bearish long-term trend, trading below key long-term moving averages.
Long-Term Performance: 1-year: -8.74% | 3-year: +273.37% | 5-year: +261.96%
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Approach 2: Machine Learning By Studying Historical Prices
Karnataka Bank Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
Year | Target 1 | Target 1 YoY Chg % | Target 2 |
---|---|---|---|
Current Price | ₹208.60 | ||
2024 | ₹218.17 | +4.59% | ₹221.44 |
2025 | ₹233.24 | +6.91% | ₹238.79 |
2026 | ₹240.37 | +3.06% | ₹253.75 |
2027 | ₹268.35 | +11.64% | ₹272.38 |
2028 | ₹270.24 | +0.70% | ₹274.29 |
2029 | ₹273.99 | +1.39% | ₹283.66 |
2030 | ₹290.02 | +5.85% | ₹298.62 |
2031 | ₹296.16 | +2.12% | ₹313.58 |
2032 | ₹327.88 | +10.71% | ₹332.80 |
2033 | ₹327.64 | -0.07% | ₹332.55 |
2034 | ₹329.82 | +0.67% | ₹343.49 |
2035 | ₹346.80 | +5.15% | ₹358.45 |
2036 | ₹351.96 | +1.49% | ₹373.41 |
2037 | ₹387.41 | +10.07% | ₹393.22 |
2038 | ₹385.05 | -0.61% | ₹390.83 |
2039 | ₹386.30 | +0.32% | ₹403.32 |
Note: Target 1 and Target 2 represent price levels that the stock is most likely to achieve during the respective year, based on machine learning algorithms analyzing historical price patterns and market behavior. These predictions are generated through comprehensive analysis of the stock's historical data using advanced ML models.
Karnataka Bank Brief Company Overview
Karnataka Bank Limited: A Comprehensive Overview Karnataka Bank Limited, established in 1924, is a renowned financial institution in India. Key Products and Services Savings and deposit accounts Housing and personal loans Finance for businesses ...
Agriculture finance Insurance and mutual funds The bank's commitment to innovation is evident in its diverse product range and digital banking services.Karnataka Bank Financial Performance
Metric | Value | Description |
---|---|---|
Market Capital | 7,729.49 Crore | Market valuation of Karnataka Bank's shares. |
Revenue (TTM) | 4,292.34 Crore | Total revenue generated by Karnataka Bank over the past twelve months. |
Net Income (TTM) | +13,423,151,104.00 | Net Profit or Loss after all the expenses over the past twelve months. |
Operating Margin | +40.03% | Income from operations as a percentage of revenue, before taxes and interest. |
Profit Margin | +31.27% | Net income as a percentage of revenue, after all expenses. |
Revenue Growth (Quarterly) |
+12.60% | Change in revenue compared to the previous quarter. |
Earnings Growth (YOY Quarterly) |
+1.79% | Change in earnings compared to the same quarter last year. |
Debt-to-Equity (D/E) Ratio |
0.21 | Company's total debt divided by total shareholder equity. |
Total Debt | 2,432.33 Crore | Sum of Karnataka Bank's current & long-term financial obligations. |
Total Cash | 7,837.49 Crore | Total amount of liquid funds available to Karnataka Bank. |
Beta | 0.89 | Beta is less than 1 indicating that the Karnataka Bank's price is less volatile than the market. |
Is Karnataka Bank A Good Buy For Long Term?
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Disclaimer: The information provided on this page is for educational purposes only and should not be considered as financial advice. Historical performance data and technical analysis cannot guarantee future results. Stock investments are subject to market risks. Please consult with a qualified financial advisor before making any investment decisions.
All stock data shown is sourced from publicly available information and while we strive for accuracy, we cannot guarantee the absolute accuracy of all figures. Users should verify critical information from official sources before making investment decisions.