Karur Vysya Bank shares surge over 10% after Q1 profit jumps 45%. Should investors buy, sell, or hold?
New Delhi, July 21 -- Karur Vysya Bank share price surged more than 10% in intraday deals on the BSE on Tuesday, 21 July, a day after the company posted a strong 45% year-on-year (YoY) jump in its net profit for the April-June quarter of the financial year 2026-27 (Q1FY27).
Karur Vysya Bank share price opened at Rs.308 against its previous close of Rs.301.35 and jumped 10.50% to an intraday high of Rs.333, defying weak market sentiment.
Karur Vysya Bank reported its June quarter results during market hours on Monday, 20 July, after which the stock ended nearly 3% down.
Meanwhile, the bank announced it has revised its marginal cost of funds-based lending rates (MCLR) with effect from 22 July 2026.
The bank's overnight MCLR has been inc...
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