Rekha Jhunjhunwala portfolio: Why is this ₹300 bank stock nosediving?
This Rekha Jhunjhunwala-backed bank has reported marginal improvement in NIM growth whereas its peers have shown significant growth in NIM, say experts.
Rekha Jhunjhunwala portfolio: After climbing to 52-week high in November 2022, Canara Bank shares have been in base building mode since then. This near ₹300 apiece banking stock has shed near 11 per cent in YTD. In the week gone by, this Rekha Jhunjhunwala portfolio stock has lost over 5.50 per cent. However, this banking stock still managed to rise over 50 per cent in last one, which is much enough to attract positional investor, looking for the bottom fishing opportunity.
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