New Delhi, April 9 -- Ace investor Rekha Jhunjhunwala has added Canara Bank to her portfolio during the quarter ending March 31, 2025, acquiring a 1.46 per cent stake in the public sector bank.
She had previously exited the stock in the December quarter, only to re-enter in the most recent quarter. As of September 30, 2024, her holding in Canara Bank stood at 1.42 per cent.
Canara Bank share price has underperformed over the last year-the stock have dropped 27 per cent over the past 12 months and are down 11 per cent in 2025 so far.
The stock has, however, given multibagger returns to its long-term investors by soaring over 375.44 per cent in five years.
Investor concerns around the bank's net interest margins (NIIs) have added to the...
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