13,100% return! Canara Bank to make mind-boggling gain on ₹690 crore stake sale in Canara Robeco IPO
It is a busy week for IPOs and a lucrative one for PSU banking major Canara Bank, which is offloading stakes in two public offers this week — Canara Robeco AMC and Canara HSBC Life Insurance Company.
Global investment firm UBS has initiated coverage on Canara Bank with a buy rating and a target price of Rs 150. This is 15 per cent of upside. The brokerage is betting on the bank's stable earnings ...
The shares have been on a sustained bull run in recent months, gaining 62.6% from the March lows and emerging as the best performer in the recent rally among public sector bank stocks. The recent ...
State-owned Canara Bank on Monday said its subsidiary, Canara HSBC Life Insurance Company Ltd, has received capital market regulator Sebi's nod for its Updated Draft Red Herring Prospectus (UDRHP) for ...
New Delhi: Veteran investor Rekha Jhunjhunwala has increased her stake in the state-owned bank Canara Bank in the September 2025 quarter. The wife of late market investor Rakesh Jhunjhunwala ...
The IPO is entirely an Offer for Sale (OFS) of up to 4.98 crore shares, with existing promoters—Canara Bank and Orix Corporation Europe N.V.—selling their stakes. Canara Bank will offload 2.59 crore ...
The Rs 1,326.13 crore IPO of Canara Robeco AMC is entirely an offer for sale (OFS). A total of 4.99 crore equity shares will be offloaded by the promoters. The company has fixed a price band of Rs 253 ...
BENGALURU, Oct 14 (Reuters) - Canara HSBC Life Insurance Company's $283 million initial public offering (IPO) was fully subscribed on the third day of bidding on Tuesday, driven by robust interest ...
The Nifty Bank index hit a record high of 57,651, rebounding nearly 10,000 points from its March low, with a 5% rise in October alone. Canara Bank led the Nifty Bank pack with a 52% gain since March, ...
ITI has witnessed a trendline breakout, supported by the confluence of the 200-day SMA and EMA, signalling renewed strength in price action. The RSI has rebounded from the 40 zone, reflecting ...
Canara Robeco AMC has set a price band of Rs 256-263 for its Rs 1,326 crore IPO, valuing the company at Rs 5,302 crore at the the upper band. The issue is an offer for sale by promoters Canara Bank ...
Emirates NBD is phasing out SMS and email OTPs, transitioning to app-based verification through its ENBD X mobile app starting November 1, 2025. This Central Bank-mandated shift aims to significantly ...
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