Following the lender's announcement of an all-time record net profit of ₹411 Cr for Q2, Karnataka Bank's stock price opened 17% higher and surged to a 52-week high on November 2. The stock went up 16.8% to ₹109.70 at 9:25 am. Prior to declining, it reached a 52-week high of ₹111.60. From the previous year, net profit increased by 228%. The amount of net interest income rose by 26% to ₹802.73 Cr.