📰 ET Stocks 🔴 BEARISH 🕒 15 Oct 2026, 11:20 AM IST

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

⚡ Instant Key Takeaways (TL;DR)

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

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Market & Financial Impact: Canara Bank shares fell sharply on Thursday despite reporting an 8% year-on-year rise in Q2 FY27 standalone net profit to Rs 5,175 crore. Brokerages remain divided, with Morgan Stanley retaining an Underweight rating, while Motilal Oswal and JM Financial recommend buying the stock.

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Actionable Insight: 🔴 Bearish Risk: Regulatory scrutiny, profit decline, or sell-off risk may create near-term volatility.

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Official Publisher Attribution: This report is aggregated from Economic Times. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.

Read Original Full Coverage on Economic Times ↗

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

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