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Canara Bank profit rises 8% in second quarter

Original: canara bank share price

Canara Bank reported a standalone net profit of Rs 5,175 crore for the second quarter, up about 8% year on year, with net interest income jumping 20%. Treasury losses weighed on the overall result. Indian investors are tracking the stock as earnings season continues, with Canara Bank among a batch of companies including BHEL and Groww reporting this week.

Why now: The bank's latest quarterly earnings beat and stock movement are drawing investor attention during India's October earnings season.

Canara BankBHELGrowwHDB FinancialEconomic Times

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