The bank announced the board meet during the trading hours today, 23 June 2009.

Meanwhile, the BSE Sensex was down 146.87 points, or 1.03%, 14,179.35.

On BSE, 2,284 shares were traded in the counter. The stock had an average daily volume of 13,806 shares in the past one quarter.

The stock hit a high of Rs 296.60 and a low of Rs 281 so far during the day. The stock hit a 52-week high of Rs 410.50 on 4 August 2008 and a 52-week low of Rs 158 on 12 March 2009.

The mid-cap bank stock had underperformed the market over the past one month till 22 June 2009, falling 3.26% as compared to the Sensex's return of 3.16%. It had also underperformed the market in the past one quarter, rising 49.80% as compared to the Sensex's return of 59.77%.

The bank's current equity is Rs 53.95 crore. Face value per share is Rs 10.

The current price of Rs 293.40 discounts the bank's Q4 March 2009 annualized EPS of Rs 62.15, by a PE multiple of 4.72.

The bank's gross non-performing assets (NPA) rose 5.97% to Rs 205.86 crore as at 31 March 2009 from Rs 194.27 crore as on 31 March 2008. The ratio of gross NPAs declined to 1.95% as of 31 March 2009 from 2.03% as of 31 March 2008. The net NPA as of 31 March 2009 was at 0.25%

Karur Vysya Bank's net profit rose 18.8% to Rs 83.82 crore on 22.9% growth in operating income to Rs 435.19 crore in Q4 March 2009 over Q4 March 2008.

The bank's focus is on retail and small and medium enterprises segment.