CANBK

Canara Bank is showing exceptional strength for a PSU bank, trading at a low PE ratio of 6 while offering a 3% dividend. Despite the recent Iran-driven market dip, its profitability remains robust. The bank is focusing on building its capital base to fuel future lending. Much of its post-merger potential is still waiting to be fully unlocked by the market. **My Take:** If you are looking for a stable banking play that isn't overpriced like some private peers, Canara Bank is a strong contender. It’s undervalued given its profit-earning capacity.