Canara Bank hits highest level since February 2018; surges 83% in 6 months

In the past one week, it has rallied 10 per cent, as against a marginal 0.40 per cent gain in the S&P BSE Sensex

Shares of Canara Bank hit an over four-year high of Rs 338.30, up 1 per cent on the BSE in Monday's intra-day trade, on expectation of strong earning ahead alogn with stable outlook. The stock of the state-owned lender was trading at its highest level since February 2018.

In the past six months, it has zoomed 83 per cent as compared to 15 per cent rise in the S&P BSE Sensex. In the past one week, it has rallied 10 per cent as against a marginal 0.40 per cent gain in the benchmark index.

In the July-September quarter