Canara Bank

CANBK

– Multi-Year Breakout With Strong Fundamentals 🚀

Canara Bank

is flashing strength both technically and fundamentally. The stock has given a multi-year breakout, with Daily RSI at 51.7 and Weekly RSI at 59.3, strong momentum without being overbought. Management is guiding for 10.5% business growth by March 2026, focusing on operational efficiency and higher fee-based income to cushion margins. With Gross NPA at 2.08% and Net NPA at just 0.45%, asset quality is at its cleanest in years