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Canara Bank drops for fifth straight session

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Capital Market
Last Updated : May 14 2018 | 1:50 PM IST

The stock is quoting at Rs 244.95, down 0.71% on the day as on 13:29 IST on the NSE. Canara Bank tumbled 32.76% in last one year as compared to a 14.13% rally in NIFTY and a 23.88% fall in the Nifty PSU Bank index.

Canara Bank fell for a fifth straight session today. The stock is quoting at 244.95, down 0.71% on the day as on 13:29 IST on the NSE. The benchmark NIFTY is down around 0.25% on the day, quoting at 10779.6. The Sensex is at 35468.92, down 0.19%.Canara Bank has eased around 13.17% in last one month.Meanwhile, Nifty PSU Bank index of which Canara Bank is a constituent, has eased around 2.13% in last one month and is currently quoting at 2841.85, up 0.5% on the day. The volume in the stock stood at 185.25 lakh shares today, compared to the daily average of 71.48 lakh shares in last one month.

The benchmark May futures contract for the stock is quoting at Rs 245.95, down 0.38% on the day. Canara Bank tumbled 32.76% in last one year as compared to a 14.13% rally in NIFTY and a 23.88% fall in the Nifty PSU Bank index.

The PE of the stock is 21.2 based on TTM earnings ending December 17.

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First Published: May 14 2018 | 1:35 PM IST

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