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Canara Bank in demand

Capital Market 

Canara Bank is quoting at Rs 255.5, up 0.85% on the day as on 12:49 IST on the NSE. The stock is up 2.43% in last one year as compared to a 8.79% gain in NIFTY and a 3.55% gain in the Nifty PSU Bank.

Canara Bank rose for a fifth straight session today. The stock is quoting at Rs 255.5, up 0.85% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.54% on the day, quoting at 11046.85. The Sensex is at 36629.29, up 0.51%. Canara Bank has added around 7.78% in last one month.

Meanwhile, Nifty PSU Bank index of which Canara Bank is a constituent, has added around 0.3% in last one month and is currently quoting at 2895.8, up 1.25% on the day. The volume in the stock stood at 31.54 lakh shares today, compared to the daily average of 50.43 lakh shares in last one month.

The benchmark March futures contract for the stock is quoting at Rs 255.65, up 0.61% on the day. Canara Bank is up 2.43% in last one year as compared to a 8.79% gain in NIFTY and a 3.55% gain in the Nifty PSU Bank index.

The PE of the stock is 0 based on TTM earnings ending December 18.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, March 06 2019. 13:01 IST
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