Canara Bank Stock

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Questions and Answers

What is the reason for the recent decline in Canara Bank share price?

  • Marginal improvement in NIM growth (correct)
  • Sharp improvement in asset quality
  • High growth in most of risky advances
  • Significant growth in NIM

What is the current price of Canara Bank shares?

  • Around ₹200 per share
  • Over ₹500 per share
  • Over ₹400 per share
  • Around ₹300 per share (correct)

What is the current GNPA of Canara Bank's agriculture loan?

  • 5.31%
  • 6.44%
  • 3.4% (correct)
  • 1.73%

What is the YoY growth of Canara Bank's net profit in FY23?

<p>86.76% (C)</p> Signup and view all the answers

What is the percentage of Rekha Jhunjhunwala's shareholding in Canara Bank?

<p>2.07% (C)</p> Signup and view all the answers

What is the advice given to investors regarding buying Canara Bank shares?

<p>Wait for more correction and buy close to its current support levels (D)</p> Signup and view all the answers

What is the near-term target price range for Canara Bank shares according to Vaishali Parekh?

<p>₹320 to ₹325 levels (D)</p> Signup and view all the answers

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