Rekha Jhunjhunwala sells 1 crore Canara Bank shares in Q1. What's behind the move?

Veteran investor Rekha Jhunjhunwala sold over 1.07 crore Canara Bank shares during the April–June quarter, reducing her stake from 1.54% to 1.42%, according to the lender's latest shareholding data. The stake sale comes amid an 18% decline in the PSU bank's stock in 2026.