Canara bank slipped nearly 6% to Rs 250 as the bank stock turned ex-dividend today, for the interim dividend of Rs 6.50 per share for the year ending 31 March 2014.
Also, the Bank has informed BSE that a meeting of the Board of Directors of the bank will be held on January 31, 2014, to approve, the reviewed financial results of the bank, for the third quarter and nine months ended December 31, 2013.
The stock opened at Rs 259 which is also the days high for the stock and thereon slipped to hit a low of Rs 249 in noon deals.
Nearly 2.1 mllion shares changed hands on the BSE and NSE counters till 1400 hrs.