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Canara Bank spurts 4.3%, gains for fifth straight session

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Capital Market

Canara Bank is quoting at Rs 302.9, up 4.3% on the day as on 12:44 IST on the NSE. The stock is up 44.14% in last one year as compared to a 7.97% jump in NIFTY and a 53.04% jump in the Nifty Pharma.

Canara Bank is up for a fifth straight session today. The stock is quoting at Rs 302.9, up 4.3% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 1.26% on the day, quoting at 17540.2. The Sensex is at 59645.51, up 1.25%. Canara Bank has gained around 2.8% in last one month.

 

Meanwhile, Nifty Pharma index of which Canara Bank is a constituent, has gained around 1.25% in last one month and is currently quoting at 3766.75, up 4.78% on the day. The volume in the stock stood at 86.06 lakh shares today, compared to the daily average of 73.55 lakh shares in last one month.

The benchmark March futures contract for the stock is quoting at Rs 305, up 4.63% on the day. Canara Bank is up 44.14% in last one year as compared to a 7.97% jump in NIFTY and a 53.04% jump in the Nifty Pharma index.

The PE of the stock is 5.79 based on TTM earnings ending December 22.

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First Published: Mar 03 2023 | 1:00 PM IST

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