Canara Bank stock surged 3.70% to a 52 week high of Rs 520 in early trade. However, the Canara Bank stock is still undervalued at this level. Its PE stands at 6.39 compared to the sectoral PE of 14.36.
Canara Bank stock: Rekha Rakesh Jhunjhunwala, wife of late investor Rakesh Jhunjhunwala, held 37,597,600 shares or 2.04 per cent in the public sector lender as on September 30. She has kept her stake unchanged in the bank for the last three quarters.
Rakesh Jhunjhunwala, often referred to as Warren Buffett of India, was one of India’s most successful investors. He passed away on August 14, 2022, leaving behind a rich legacy. Watch this Visual Story to see how his portfolio has performed since his demise.
Rekha Jhunjhunwala inherited a valuable stock portfolio from her late husband Rakesh Jhunjhunwala. She publicly holds 26 stocks with a net worth of over Rs 32,312.0 crore. Watch this Visual Story to check Rekha Jhunjhunwala portfolio multibagger stocks that have delivered outperformed Nifty, Sensex indices so far in 2023.
Jhunjhunwala portfolio stocks: Rekha Jhunjhunwala has an estimated net worth of $5.9 billion, as per Forbes. Here are some Rekha Jhunjhunwala portfolio multibagger stocks that have risen up to 150% in the last one year, outperforming Nifty, Sensex indices.