The stock ended at Rs 197-up 7%. It slipped to a low of Rs 181 and then reached a high of Rs 202. The counter clocked a volume of 381,318 shares on the counter at the BSE.
Updated 1416:
Canara Bank has surged over 4% to Rs 192 on the back of 55% rise in Q4 net profit. The stock opened at Rs 186, and has touched a low of Rs 181. The stock which is witnessing some volatility has touched an intra-day high of Rs 193 as of now.
The counter has so far clocked a volume of 260,530 shares at the counter on the BSE.
According to a release issued by the bank to the BSE, net profit surged nearly 55% to Rs 718.81 crore for the quarter ended March 31, 2009, when compard with Rs 464.06 crore in the corresponding quarter a year ago. Total income grew 22.2% to Rs 5,500.35 crore from Rs 4,502.27 crore.
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