Canara Bank shares fell as Q4 profit misses estimates.

The stock fell as much as 4.1 per cent in early trade to Rs 378.80.

The bank has posted a Q4 profit of Rs 214 crore ($33.18 mln) vs a year-ago loss, but fell short of analysts' estimates of Rs 433 crore profit.

“Earnings miss was driven by higher-than-expected provisions,” say Morgan Stanley analysts.

The stock has posted biggest intraday percentage fall since February 15.

Up to Monday's close, the stock had gained about 54 per centt this year.

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