These 5 midcaps with lower than industry P/E turn outperformers. Time to buy? – ​Solid Show

These 5 midcaps with lower than industry P/E turn outperformers. Time to buy? – ​Solid Show

Apr 02, 2024, 06:58:00 PM IST According to Trendlyne data, these five BSE midcap stocks outperformed their specific industries, while their PEs were lower than their sectoral PEs. Getty Images 2/6 ​Union Bank of India Industry: Banks1-year change: 135.61%Industry 1-year change: 42.77%PE TTM price to earnings: 9.01Industry PE TTM: 16.3 ANI Industry: Pharmaceuticals1-year change: 112.59%Industry … Read more

Canara Bank board approves 1:5 stock split. Details here

Canara Bank board approves 1:5 stock split. Details here

Canara Bank‘s Board of Directors on Monday approved the sub-division of its equity shares of Rs 10 into five shares with a face value of Rs 2 each. The move is aimed at improving liquidity in the bank’s shares and making it more affordable for retail investors along with broadening the retail investors’ base. The … Read more

Canara Bank Q1 Results: Net profit jumps 75% YoY to Rs 3,535 crore; NII up 28%

Canara Bank Q1 Results: Net profit jumps 75% YoY to Rs 3,535 crore; NII up 28%

Canara Bank on Monday announced that its standalone net profit jumped 75% year-on-year (YoY) to Rs 3,535 crore for the quarter ended June. It was Rs 2,022 crore in the year-ago period. The net interest income for the June quarter rose 28% to Rs 8,666 crore, as against Rs 6,785 crore in the same period … Read more