Money Maker Research & Investment Advisor: Canara Bank goes on equity capital raising plan

Share it

Wednesday, 27 December 2017

Canara Bank goes on equity capital raising plan

Stock to watch, Canara bank stock, best stock tips, best trading advice, Top Advisory, Money maker research, stock in news
Shares of Canara Bank rose 0.9% to Rs 377.90 on BSE in the morning hours after it has announced that the bank approved raising additional equity share capital.

The state-owned Canara Bank has announced that it has approved raising additional equity share capital of Rs 90 crore QIP route, by issuing up to 9.00 crore equity shares of face value Rs. 10.00 each.

The net profit Canara Bank's fell 27.1% to Rs 260.18 crore on 1.6% fall in total income to Rs 11,994.64 crore in Q2 Sep 2017 Y-o-Y.

The Govt of India held 66.3 percent stake in Canara Bank according to the shareholding pattern as at 30 Sept 2017.


  1. Thank You for informative information. It’s very helpful for us. There is also provide here services :- Equity intraday tips, commodity trading tips
    Top advisory company in India
    Stock market advisory

  2. Thankyou so much sharing for informative valuable post. Many people will profit from this post in their business Great Job, Keep it up.
    Comex signals