24 Nov 2025 | 3 Mins Read
Karnataka Bank gains on second day as Cupid promoter buys stake
Flipitmoney
Aditya Kumar Halwasiya, Chairman of Cupid Ltd., bought 38 lakh Karnataka Bank shares, causing the stock to rise 8% on Friday and a further 6% on Monday, extending their gains. Mutual funds, HDFC Life Insurance and LIC also hold significant stakes in the lender. The stock trades at ₹196.21, up 4% on Monday.