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Canara Bank spurts 0.6%, gains for five straight sessions

Capital Market 

Canara Bank is quoting at Rs 208.35, up 0.6% on the day as on 12:44 IST on the NSE. The stock is down 15.3% in last one year as compared to a 13.29% gain in NIFTY and a 14.75% gain in the Nifty PSU Bank.

Canara Bank rose for a fifth straight session today. The stock is quoting at Rs 208.35, up 0.6% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.27% on the day, quoting at 11922.2. The Sensex is at 40247.9, up 0.21%. Canara Bank has added around 16.14% in last one month.

Meanwhile, Nifty PSU Bank index of which Canara Bank is a constituent, has added around 19.27% in last one month and is currently quoting at 2542.45, up 0.87% on the day. The volume in the stock stood at 42.77 lakh shares today, compared to the daily average of 68.99 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 208.85, up 0.46% on the day. Canara Bank is down 15.3% in last one year as compared to a 13.29% gain in NIFTY and a 14.75% gain in the Nifty PSU Bank index.

The PE of the stock is 39.55 based on TTM earnings ending June 19.

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

First Published: Mon, November 04 2019. 13:00 IST
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