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Canara Bank extends upswing

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Capital Market

Canara Bank is quoting at Rs 142.25, up 1.86% on the day as on 12:49 IST on the NSE. The stock is up 62.76% in last one year as compared to a 55.32% jump in NIFTY and a 59.06% jump in the Nifty PSU Bank.

Canara Bank gained for a fifth straight session today. The stock is quoting at Rs 142.25, up 1.86% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 1.26% on the day, quoting at 14838.1. The Sensex is at 49640.17, up 1.42%. Canara Bank has slipped around 3.26% in last one month.

 

Meanwhile, Nifty PSU Bank index of which Canara Bank is a constituent, has slipped around 1.74% in last one month and is currently quoting at 2047.9, up 2.18% on the day. The volume in the stock stood at 116.63 lakh shares today, compared to the daily average of 186.56 lakh shares in last one month.

The benchmark April futures contract for the stock is quoting at Rs 142.3, up 1.68% on the day. Canara Bank is up 62.76% in last one year as compared to a 55.32% jump in NIFTY and a 59.06% jump in the Nifty PSU Bank index.

The PE of the stock is 0 based on TTM earnings ending December 20.

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First Published: Apr 28 2021 | 1:00 PM IST

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