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Canara Bank up for third consecutive session

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Capital Market
Last Updated : Mar 01 2023 | 1:31 PM IST

Canara Bank is quoting at Rs 285.7, up 2.2% on the day as on 12:49 IST on the NSE. The stock is up 32.18% in last one year as compared to a 4.9% gain in NIFTY and a 41.81% gain in the Nifty Pharma index.

Canara Bank is up for a third straight session in a row. The stock is quoting at Rs 285.7, up 2.2% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.67% on the day, quoting at 17419.15. The Sensex is at 59342.26, up 0.64%. Canara Bank has added around 0.21% in last one month.

Meanwhile, Nifty Pharma index of which Canara Bank is a constituent, has added around 0.8% in last one month and is currently quoting at 3658.35, up 2.3% on the day. The volume in the stock stood at 42.63 lakh shares today, compared to the daily average of 81.61 lakh shares in last one month.

The benchmark March futures contract for the stock is quoting at Rs 287.6, up 2.4% on the day. Canara Bank is up 32.18% in last one year as compared to a 4.9% gain in NIFTY and a 41.81% gain in the Nifty Pharma index.

The PE of the stock is 5.57 based on TTM earnings ending December 22.

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First Published: Mar 01 2023 | 1:05 PM IST

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