28 Oct 2025 | 3 Mins Read
Canara Robeco AMC Q2 profit drops 20%
Flipitmoney
Canara Robeco Asset Management Company's shares dropped 11.3% on October 28 after reporting a 2% decline in net profit to Rs 49 crore for Q2. Revenue increased 3% to Rs 107.7 crore. Despite the drop, IPO investors still have 30% gains over the issue price and a brokerages' buy call with a target price of Rs 320 per share.