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Canara Bank down around 3%

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Capital Market
Last Updated : Feb 18 2020 | 2:31 PM IST

Canara Bank is quoting at Rs 169.5, down 3.03% on the day as on 13:24 IST on the NSE. The stock tumbled 21.11% in last one year as compared to a 12.37% rally in NIFTY and a 22.53% fall in the Nifty PSU Bank index.

Canara Bank dropped for a fifth straight session today. The stock is quoting at Rs 169.5, down 3.03% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is down around 1.08% on the day, quoting at 11916.3. The Sensex is at 40628.15, down 1.04%.Canara Bank has eased around 22.55% in last one month.Meanwhile, Nifty PSU Bank index of which Canara Bank is a constituent, has eased around 13.5% in last one month and is currently quoting at 2145.65, down 2.64% on the day. The volume in the stock stood at 62.09 lakh shares today, compared to the daily average of 84.55 lakh shares in last one month.

The benchmark February futures contract for the stock is quoting at Rs 170.1, down 2.86% on the day. Canara Bank tumbled 21.11% in last one year as compared to a 12.37% rally in NIFTY and a 22.53% fall in the Nifty PSU Bank index.

The PE of the stock is 38.17 based on TTM earnings ending December 19.

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First Published: Feb 18 2020 | 1:35 PM IST

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