Buy Karnataka Bank with a price target of Rs 96: CK Narayan

In a chat with ET Now, CK Narayan, Growth Avenues Asset Advisors shares his views about Karnataka Bank Limited.

ET Now: What is the call on Karnataka Bank?

CK Narayan: Buy Karnataka Bank. The stock has been fairing somewhat better over the last set of days. At Rs 88, I would like to revisit the stock from a buy perspective and use Rs 84-85 as a stop loss and then look for a price target of Rs 94-96.