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News Details

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As on 02-May-2024  13:00

Canara Bank gains for fifth session

Canara Bank is up for a fifth straight session in a row. The stock is quoting at Rs 626.5, up 0.73% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.35% on the day, quoting at 22684.5. The Sensex is at 74680.62, up 0.27%. Canara Bank has added around 3.22% in last one month.

Meanwhile, Nifty PSU Bank index of which Canara Bank is a constituent, has added around 3.95% in last one month and is currently quoting at 7605.6, down 0.18% on the day. The volume in the stock stood at 28.39 lakh shares today, compared to the daily average of 68.12 lakh shares in last one month.

The benchmark May futures contract for the stock is quoting at Rs 631.25, up 0.72% on the day. Canara Bank is up 96.09% in last one year as compared to a 25.4% gain in NIFTY and a 83.24% gain in the Nifty PSU Bank index.

The PE of the stock is 8.07 based on TTM earnings ending December 23.

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