CANBK
CANBK
Current Price: ₹140–₹142
52-Week Range: ₹90.95 – ₹162.89
Market Cap: ₹1.27–1.29 lakh crore
P/E: 6–7 (very low valuation)
ROE: 18%
Dividend Yield: 2.8%
Positive Factors
✅ Strong profit growth in recent years
Net profit ₹1.83 lakh crore (TTM) with 12% growth.
✅ High ROE (18%) – strong for a PSU bank.
✅ Very cheap valuation
P/E around 6–7 vs many banks trading at 12–20.
✅ Improving asset quality
GNPA 4.2%
Net NPA 1.27%
✅ Stable dividend payout (20%).
#FundamentalViews#TechnicalViews#WatchOutFor#EquityResearch#HiddenGems

526 likes

















