Stock Trends: Canara Bank, Allsec, +3 More

Key Takeaways

Canara Bank: A leading PSU bank that reported strong quarterly results driven by higher net interest income and controlled asset quality. Continued credit growth and digital initiatives are expected to support future performance.
Allsec Technologies: This BPO and HR tech firm saw investor interest after consistent profit growth and margin improvement. Backed by Quess Corp, it is leveraging automation and HR outsourcing trends to scale up.
Diageo India: Known for premium liquor brands like Johnnie Walker and Black Dog, Diageo India saw improved profitability and focus on premiumisation. Strategic product launches and brand repositioning continue to support growth.
IRCTC: India’s railway PSU saw a boost in earnings from catering, tourism, and internet ticketing. Strong government capex and steady rail traffic offer a positive long-term outlook.
ESAB India: A welding and cutting equipment manufacturer, ESAB India’s stock gained momentum due to strong operational performance and consistent dividend payouts. Its industrial demand outlook remains healthy.

Among stock trends, check out the top trending stocks identified by the StockEdge analysts.

Read about Canara Bank and 4 other stocks below:

Canara Bank has seen strong growth in income over the years, with total income rising from ₹49,309 Cr in FY17 to ₹1,57,134 Cr in FY25 (TTM), driven by higher interest income (₹1,23,951 Cr) and rising other income (₹33,183 Cr). Operating expenses have also climbed to ₹39,243 Cr, while provisions, though volatile, have moderated in recent years to ₹8,840 Cr (TTM) compared to much higher levels earlier. Profit before interest and tax (PBIT) has steadily improved, crossing ₹1,09,050 Cr in FY25 TTM.

However, heavy interest costs of ₹85,139 Cr continue to weigh on the bottom line. Tax expenses remain negative in some years due to losses, but are stabilizing. Overall, the bank shows strong revenue momentum and improved asset quality with declining provisions, though profitability is still constrained by high borrowing costs.

As of today’s date, this is canara bank share price.

Alldigi Tech Ltd. (formerly Allsec Technologies Ltd.), founded in 1998 and headquartered in Chennai, has shown steady growth over the past few years. Net sales have risen from ₹318 Cr in FY17 to ₹561 Cr in FY25 (TTM), while total income stands at ₹572 Cr. Expenditure has increased, but operating performance remains strong with PBIDT improving from ₹70 Cr in FY17 to ₹146 Cr in FY25 TTM.

Interest costs are negligible, though depreciation has gradually climbed to ₹46 Cr, reflecting higher investments in assets. Tax outgo is stable in line with earnings. Overall, the company has evolved from its Allsec legacy into Alldigi Tech, delivering consistent revenue growth and strengthening profitability.

As of today’s date, this is Allsec Technologies share price.

The shares of the Indian Railway Catering and Tourism Corporation (IRCTC) recovered sharply in the intraday after the Ministry of Railways reversed a decision that said half of the revenue generated by the convenience fee on train tickets would go to the Ministry of Railways.

At one point in time, the stock was down by 29% hitting the day’s low of Rs 650, however as of today’s date, this is Indian Railway Catering and Tourism Corporation share price (IRCTC)

Esab India Ltd. has delivered steady financial growth over the past decade. Net sales have increased from ₹466 Cr in FY17 to ₹1,396 Cr in FY25 (TTM), with total income reaching ₹1,403 Cr. Operating expenditure has risen proportionately, but PBIDT has improved from ₹57 Cr in FY17 to ₹249 Cr in FY25 TTM, reflecting stronger operating efficiency. The company has negligible interest costs, indicating a debt-light balance sheet, while depreciation remains modest at around ₹15–16 Cr annually. Tax outgo has grown in line with profitability, standing at ₹59 Cr in FY25 TTM. Overall, Esab India demonstrates consistent revenue growth, healthy margins, and strong balance sheet strength, making it a financially stable player in its sector.

ESAB India Limited has a wide and comprehensive range of welding, cutting, and allied products and services. The product range covers Welding Consumables, Reclamation Consumables, Arc Equipment, Industrial Gas Equipment, Cutting Machines, and Working Environment Products for specialized welding, cutting, and allied needs. These are manufactured to stringent quality control measures in the state-of-the-art manufacturing units.

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Disclaimer: This document and the process of identifying the potential of a company have been produced for only learning purposes. Since equity involves individual judgments, this analysis should be used for only learning enhancements and cannot be considered to be a recommendation on any stock or sector.