Canara Bank: Can this Jhunjhunwala bet beat its industry peers?
Two years ago, late investor Rakesh Jhunjhunwala increased his stake in Canara Bank after he said PSB shares were “horribly undervalued”, and his wife, Rekha Jhunjhunwala, maintained. betting ever since. In fact, it has increased its holdings in public sector banking this year, and its holdings in the bank were 2.07% at the end of …
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