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Canara Bank soars 1.32%

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Capital Market

Canara Bank is quoting at Rs 222, up 1.32% on the day as on 12:49 IST on the NSE. The stock is down 18.56% in last one year as compared to a 13.27% gain in NIFTY and a 20.12% gain in the Nifty PSU Bank index.

Canara Bank rose for a third straight session today. The stock is quoting at Rs 222, up 1.32% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.01% on the day, quoting at 12354.15. The Sensex is at 41945.16, up 0.03%. Canara Bank has dropped around 0.56% in last one month.

 

Meanwhile, Nifty PSU Bank index of which Canara Bank is a constituent, has dropped around 1.96% in last one month and is currently quoting at 2465.8, down 0.09% on the day. The volume in the stock stood at 58.3 lakh shares today, compared to the daily average of 85.43 lakh shares in last one month.

The benchmark January futures contract for the stock is quoting at Rs 222.8, up 1.18% on the day. Canara Bank is down 18.56% in last one year as compared to a 13.27% gain in NIFTY and a 20.12% gain in the Nifty PSU Bank index.

The PE of the stock is 49.14 based on TTM earnings ending September 19.

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First Published: Jan 17 2020 | 1:05 PM IST

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