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Canara Bank slips for fifth straight session

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Capital Market
Last Updated : Jan 17 2019 | 1:50 PM IST

Canara Bank is quoting at Rs 270.8, down 1.65% on the day as on 13:24 IST on the NSE. The stock tumbled 22.47% in last one year as compared to a 0.52% rally in NIFTY and a 14.6% fall in the Nifty PSU Bank index.

Canara Bank dropped for a fifth straight session today. The stock is quoting at 270.8, down 1.65% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is down around 0.16% on the day, quoting at 10873.35. The Sensex is at 36251.27, down 0.19%.Canara Bank has added around 0.61% in last one month.Meanwhile, Nifty PSU Bank index of which Canara Bank is a constituent, has increased around 2.7% in last one month and is currently quoting at 3170, down 2.16% on the day. The volume in the stock stood at 20.6 lakh shares today, compared to the daily average of 48.13 lakh shares in last one month.

The benchmark January futures contract for the stock is quoting at Rs 271.85, down 1.86% on the day. Canara Bank tumbled 22.47% in last one year as compared to a 0.52% rally in NIFTY and a 14.6% fall in the Nifty PSU Bank index.

The PE of the stock is 0 based on TTM earnings ending September 18.

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First Published: Jan 17 2019 | 1:35 PM IST

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