Canara Bank

NSE: CANBK | BSE: 532483 | ISIN: INE476A01022 | Industry: Banks
| Strong Performer, Under Radar
134.3400 -1.59 (-1.17%)
NSE May 08, 2026 15:31 PM
Volume: 17.0M
 

134.34
-1.17%

Canara Bank

SPA Research
Canara Bank reported NII of INR 32.8bn (-15% q-o-q & 18% y-o-y) largely due to one-off lumpy interest recovery of INR 5.2bn from resolution of Bhushan steel in Q1 FY19. Net total Income stood at INR 48.3bn (-15% q-o-q & 2% y-o-y) largely due to lower other income of INR 15.55bn (-15% q-o-q & -20% y-o-y). Elevated provision of INR 28.4bn (10% q-o-q & 31% y-o-y) and a tax write back of INR 8.1bn resulted positive PAT of INR 3bn (6% q-o-q & 15% y-o-y). Loan book for the quarter stood...
Canara Bank has an average target of 175.00 from 2 brokers.
More from Canara Bank
Recommended