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.
Ace investor Ashish Kacholia has been allotted 52,632 shares of Knowledge Marine & Engineering Works at 1,900 per share, investing around 10 crore. The preferential issue raised 270 crore overall, increasing the companys paid-up capital to 12.22 crore.
Growws four co-founders are set for windfall gains of up to 4,950% from their early investments as the fintech heads for its much-awaited IPO. Each founder Lalit Keshre, Harsh Jain, Ishan Bansal, and Neeraj Singh will sell 10 lakh shares in the offer-for-sale, earning about 10 crore each at the upper price band of 100 per share.
