Canara Bank jumps more than 2%

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Capital Market
Last Updated : Aug 27 2019 | 3:31 PM IST

Canara Bank is quoting at Rs 228.55, up 2.12% on the day as on 12:54 IST on the NSE. The stock is down 16.77% in last one year as compared to a 5.39% slide in NIFTY and a 21.22% slide in the Nifty PSU Bank index.

Canara Bank is up for a third straight session today. The stock is quoting at Rs 228.55, up 2.12% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 0.44% on the day, quoting at 11106.15. The Sensex is at 37628.39, up 0.36%. Canara Bank has slipped around 4.69% in last one month.

Meanwhile, Nifty PSU Bank index of which Canara Bank is a constituent, has slipped around 10.56% in last one month and is currently quoting at 2488.45, up 2.39% on the day. The volume in the stock stood at 54.26 lakh shares today, compared to the daily average of 58.9 lakh shares in last one month.

The benchmark August futures contract for the stock is quoting at Rs 229.1, up 2.23% on the day. Canara Bank is down 16.77% in last one year as compared to a 5.39% slide in NIFTY and a 21.22% slide in the Nifty PSU Bank index.

The PE of the stock is 42.74 based on TTM earnings ending June 19.

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First Published: Aug 27 2019 | 1:05 PM IST

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