Rakesh Jhunjhunwala Portfolio stock canara bank delivered more than 60 percent return more upside possible – Business News India

The shares of a public sector bank have given stellar returns. These are shares of Canara Bank. Canara Bank shares have given returns of over 60% in the last 4 months. Rakesh

Jhunjhunwala, who is called the 'Big Bull' of the stock market, also made a big bet on the shares of Canara Bank. Stock market experts say that the shares of Canara Bank may see

further rise. Experts say that Canara Bank shares can go beyond Rs 330. Canara Bank shares can go up to Rs 330There has been a sharp jump in the shares of Canara Bank. Some

brokerage houses are still bullish on Canara Bank shares. Brokerage houses believe that the loan book of the bank will grow at around 20% CAGR and the bank's shares can go up to Rs

330. Brokerage house LKP Securities has given buy rating to Canara Bank shares and has given a target of Rs 323 for the shares of the bank. Brokerage house Emkay Global has given a

Buy rating to this portfolio stock of Rakesh Jhunjhunwala and has given a target price of Rs 330 to the shares of the bank. Also read- IPO came in May this year, now the price is

continuously falling, shares close to new low More than 26 lakh shares of Canara Bank in Rakesh Jhunjhunwala's portfolioIn the July-September 2021 quarter, veteran

investor Rakesh Jhunjhunwala held 28,850,000 shares of Canara Bank, or 1.59 per cent stake in the bank. In the March 2022 quarter, Jhunjhunwala bought more Canara Bank shares and

increased his stake to 1.96%. Rakesh Jhunjhunwala's shareholding in Canara Bank declined in the July-September 2022 quarter of the current financial year. Rakesh Jhunjhunwala's

portfolio holds 26,847,400 shares of Canara Bank as of September 20222 quarter. Veteran investor Rakesh Jhunjhunwala passed away on 14 August 2022. Also read- This stock rose from

₹ 303 to ₹ 630, investors got a shock of 108% profit, BSE sought clarification Bank shares crossed Rs 175 to Rs 280The shares of Canara Bank were at the level of Rs

174.45 on the Bombay Stock Exchange (BSE) on 20 June 2022. The shares of the bank closed at Rs 284.30 on October 25, 2022. The shares of the bank have given more than 60% returns

in the last 4 months. Canara Bank shares hit a new 52-week high on 25 October 2022. The shares of the bank reached a level of Rs 287.75 during the day's trading. In the last one

month, PSU shares have given returns of around 31% to investors. The 52-week low of the bank's shares is Rs 171.70. Disclaimer: The information given here is only about the

performance of the stock, it is not an investment advice. Investing in the stock market is subject to risks and please consult your advisor before investing.