New Delhi, Oct. 16 -- Karur Vysya Bank shares rose almost 6% in the morning deal on the BSE on Friday, 16 October, to hit their 52-week high, a day after the company reported its September quarter (Q2FY27) results.

Karur Vysya Bank share price opened at Rs.353.90 against its previous close of Rs.345.50 and jumped 5.9% to its 52-week high of Rs.365.85.

Karur Vysya Bank on 15 October reported a 40.91% year-on-year (YoY) rise in its net profit to Rs.1,543 crore for Q2FY27. Deposits increased by 15.96% YoY and 4.52% QoQ, while advances jumped 20.35% YoY and 6.60% QoQ. The bank's net interest margin (NIM) increased by 28 bps YoY to 4.34%.

Brokerage firm Systematix Shares and Stocks (India) has maintained a buy call on the stock with a targe...