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Canara Bank soars 4.25%

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Capital Market
Last Updated : Oct 18 2022 | 1:31 PM IST

Canara Bank is quoting at Rs 247.5, up 4.25% on the day as on 12:49 IST on the NSE. The stock is up 29.79% in last one year as compared to a 5.07% slide in NIFTY and a 16.23% slide in the Nifty Pharma index.

Canara Bank is up for a third straight session today. The stock is quoting at Rs 247.5, up 4.25% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 1% on the day, quoting at 17485.35. The Sensex is at 58985.44, up 0.98%. Canara Bank has gained around 0.22% in last one month.

Meanwhile, Nifty Pharma index of which Canara Bank is a constituent, has gained around 1.73% in last one month and is currently quoting at 3050.95, up 3.59% on the day. The volume in the stock stood at 110.18 lakh shares today, compared to the daily average of 96.72 lakh shares in last one month.

The benchmark October futures contract for the stock is quoting at Rs 250.2, up 5.02% on the day. Canara Bank is up 29.79% in last one year as compared to a 5.07% slide in NIFTY and a 16.23% slide in the Nifty Pharma index.

The PE of the stock is 5.78 based on TTM earnings ending June 22.

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First Published: Oct 18 2022 | 1:06 PM IST

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