India's Canara Robeco slips on Q2 profit drop

Canara Robeco Asset Management

28/10/2025 04:04

** Canara Robeco CANE.NS slips 9% to 319 rupees

** Asset manager's Q2 PAT, rev from ops both drop 3% y/y in co's first earnings since listing on October 16

** PL Capital ("buy"; PT: 320 rupees) and InCred Equities bullish on co's growth potential

** CANE up ~7% since listing

($1 = 87.8950 Indian rupees)

 (Reporting by Komal Salecha)

 ((Komal@thomsonreuters.com;))