India's Canara Bank hits multi-year peak after posting higher quarterly profit

Canara Bank

30/10/2025 07:56

** Shares of India's Canara Bank CNBK.NS rise 3.71% to 133.5 rupees, its highest since December 2010

** Co reports 18.92% higher quarterly profit at 47.74 billion rupees ($543.15 million)

** Quarterly gross NPA at 2.35% and interest earned increased 6.07% to 315.44 billion rupees

** Stock rated as "Buy" on average by 17 analysts, median PT at 127.50 rupees - data compiled by LSEG

** More than 58.97 million shares change hands vs 30 day average of 30 million shares

**YTD, stock up nearly 33%

($1 = 87.8950 Indian rupees)

 (Reporting by Mridula Kumar)

 ((Mridula.kumar@thomsonreuters.com))