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Canara Bank Share Price | Rekha Jhunjhunwala made a big investment in Canara Bank, bought 13 Crore Shares

Canara Bank Share
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Canara Bank Share Price : Rekha Jhunjhunwala, wife of late Rakesh Jhunjhunwala, has once again made a big investment in public sector Canara Bank. In the January-March 2025 quarter, Jhunjhunwala has bought a 1.46% stake in Canara Bank. The performance of Canara Bank in the last one year has been almost constant. Shares are down 32% from the high. The stock had a 52-week high of Rs 129.35 and a 52-week low of Rs 78.58.

Canara Bank Share Price Today

loading widget to trade CANBK

Market Cap₹80,257.12 CrROE17.35
P/E Ratio (TTM)4.89EPS (TTM)18.1
P/B Ratio0.85Dividend Yield3.64
Industry P/E12.39Book Value104.32
Debt to Equity0Face Value2

Jhunjhunwala’s Share in Canara Bank

As per the holding data for the March 2025 quarter available on BSE, Rekha Jhunjhunwala has 13,24,43,000 shares (1.46 percent share) of Canara Bank in its portfolio. In the quarter of December 2025, he had sold shares of the bank from his portfolio. He had earlier bought 12.86 lakh shares of the bank in the July-September quarter, which was equivalent to 1.42% stake. So they sold these shares in the December quarter. Now the stock market has fallen more than 15%, yet they have bought 1.46% of Canara Bank.

Rekha Jhunjhunwala’s Portfolio

As per data as of 30 March 2025, Rekha Jhunjhunwala currently has 21 shares in her portfolio. His net worth is Rs 29,541. 2 crore. He has the highest share in the Tata Group Titan. He holds Rs 14,535.5 crore worth of 45,793,470 shares of Titan.

Canara Bank Brokerage gave ‘BUY’ Rating

Kotak Institutional Equity has given the Buy rating to Canara Bank in its latest report. The brokerage has given a target price of Rs 105 on the shares. Thus the shares could rise 19%. On Wednesday, April 9, the bank’s shares closed at Rs 88.48. According to the brokerage, the bank’s revenue is expected to grow by 2% on an annual basis. At the same time, the interest margin of the bank is seeing a slight decrease.

Also Read :- Ashok Leyland Share Price | Ashok Leyland Stock Set to Rise, Top Broking Firm says Target Price

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