Canara Bank on Wednesday posted 18% growth in its standalone net profit at Rs 3,757 crore for the quarter ended March 2024. The same stood at Rs 3,174 crore in the last year period. Net interest income (NII) for the reporting quarter increased 11% year-on-year (YoY) to Rs 9,580 crore. The company’s Board has also … Read more
Apr 02, 2024, 06:58:00 PM IST According to Trendlyne data, these five BSE midcap stocks outperformed their specific industries, while their PEs were lower than their sectoral PEs. Getty Images 2/6 Union Bank of India Industry: Banks1-year change: 135.61%Industry 1-year change: 42.77%PE TTM price to earnings: 9.01Industry PE TTM: 16.3 ANI Industry: Pharmaceuticals1-year change: 112.59%Industry … Read more
Canara Bank’s Board of Directors on Monday approved the sub-division of its equity shares of Rs 10 into five shares with a face value of Rs 2 each. The move is aimed at improving liquidity in the bank’s shares and making it more affordable for retail investors along with broadening the retail investors’ base. The … Read more
After a stellar rally seen in the last two months, the Indian market mat consolidated for a while owing to global trends and geopolitical fears. While the overall market may remain in a consolidation mode for some time, there is potential for noteworthy stock-specific movements in the near term. In light of this, three stocks … Read more
