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Canara Bank rises for third consecutive session

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Capital Market
Last Updated : Dec 28 2022 | 1:16 PM IST

Canara Bank is quoting at Rs 317.5, up 3.4% on the day as on 12:49 IST on the NSE. The stock is up 61.41% in last one year as compared to a 5.42% gain in NIFTY and a 71.08% gain in the Nifty Pharma index.

Canara Bank is up for a third straight session in a row. The stock is quoting at Rs 317.5, up 3.4% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.08% on the day, quoting at 18147.05. The Sensex is at 60963.67, up 0.06%. Canara Bank has slipped around 1.32% in last one month.

Meanwhile, Nifty Pharma index of which Canara Bank is a constituent, has slipped around 5.84% in last one month and is currently quoting at 4225.7, up 1.57% on the day. The volume in the stock stood at 92.91 lakh shares today, compared to the daily average of 109.08 lakh shares in last one month.

The benchmark December futures contract for the stock is quoting at Rs 316.75, up 3.45% on the day. Canara Bank is up 61.41% in last one year as compared to a 5.42% gain in NIFTY and a 71.08% gain in the Nifty Pharma index.

The PE of the stock is 6.45 based on TTM earnings ending September 22.

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First Published: Dec 28 2022 | 1:05 PM IST

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