Canara Bank spurts 2.02%, gains for fifth straight session

Canara Bank is quoting at Rs 325.15, up 2.02% on the day as on 12:44 IST on the NSE. The stock is up 52.3% in last one year as compared to a 4.91% jump in NIFTY and a 45.53% jump in the Nifty Pharma.

Canara Bank is up for a fifth straight session today. The stock is quoting at Rs 325.15, up 2.02% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.14% on the day, quoting at 18269.7. The Sensex is at 61531.66, up 0.18%. Canara Bank has gained around 20.2% in last one month.

Meanwhile, Nifty Pharma index of which Canara Bank is a constituent, has gained around 21.27% in last one month and is currently quoting at 3968.4, up 1.18% on the day. The volume in the stock stood at 70.16 lakh shares today, compared to the daily average of 132.62 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 324.15, up 1.57% on the day. Canara Bank is up 52.3% in last one year as compared to a 4.91% jump in NIFTY and a 45.53% jump in the Nifty Pharma index.

The PE of the stock is 6.69 based on TTM earnings ending September 22.

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