These two banking stocks have risen up to 100% in six months; analysts see more upside

Brokerages remained bullish on Union Bank of India and Karur Vysya Bank following the banks' solid earnings in the December quarter. Motilal Oswal keeps its buy rating on Union Bank of India with a target price of ₹100 apiece. Similarly, ICICI Securites retained its Add call on KVB.

Karur Vysya Bank: This lender has more than doubled investor wealth since July 2022; up 5x since COVID lows

Karur Vysya Bank has gained the highest in July, up 30.7 percent followed by in October (so far), up 23 percent. It also rose 17 and 18 percent in August and September, respectively.

Karur Vysya Bank: This private sector bank has doubled investor wealth in Just 90 days; How to play it now?

On July 25, Karur Vysya Bank announced a 110 percent year-on-year increase in net profit to ₹229 crore for the first quarter of the fiscal year, up from ₹109 crore in the previous fiscal. Shares of the private sector lender have rallied nearly 36% in the last month.

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These two banking stocks have risen up to 100% in six months; analysts see more upside

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