Boosted by robust Q2 performance, Canara Bank’s stock climbed 4% to a fresh 52-week high after reporting a 19% rise in net profit to ₹4,774 crore. The improvement came from higher interest income, better asset quality, and steady loan growth. Gross NPAs dropped below 4% while credit expansion maintained double-digit momentum. Analysts highlighted the lender’s stable CASA base and prudent risk management as key differentiators. Management reaffirmed growth guidance, emphasizing retail portfolio expansion and sustainable returns through disciplined operational efficiency.