VERIFIEDET Markets·15 Oct 2026negative

Canara Bank shares slide over 6% after Q2 earnings. Buy, sell or hold the state lender?

AI Summary

·Canara Bank shares declined over 6% on Thursday.
·The bank reported an 8% year-on-year rise in Q2 FY27 standalone net profit to Rs 5,175 crore.
·Brokerages have mixed ratings, with Morgan Stanley maintaining an Underweight rating and others recommending a buy.