Canara Bank shares surged 4% to a 52-week high after reporting a 19% YoY rise in Q2 FY26 net profit to ₹4,774 crore. Asset quality improved sharply, with GNPA falling to 2.35% and credit cost easing to 0.68%, reflecting strong operational efficiency and credit discipline.
Power, Hotels & Chemicals: Dipan Mehta maps out the market’s next big opportunities
Dipan Mehta advises selective investing, favoring power infrastructure, export manufacturing, and specialty chemicals. While acknowledging the hospitality sector’s strong run, he cautions about potential headwinds.