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Hot Pursuit News

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(29 Aug 2024, 13:35)

Canara Bank slips for fifth straight session

Canara Bank is quoting at Rs 109.8, down 0.39% on the day as on 13:19 IST on the NSE. The stock jumped 68.64% in last one year as compared to a 30.01% rally in NIFTY and a 53.61% spurt in the Nifty PSU Bank index.


Canara Bank dropped for a fifth straight session today. The stock is quoting at Rs 109.8, down 0.39% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.4% on the day, quoting at 25153.45. The Sensex is at 82172.16, up 0.47%.Canara Bank has lost around 5.16% in last one month.Meanwhile, Nifty PSU Bank index of which Canara Bank is a constituent, has eased around 6.38% in last one month and is currently quoting at 6954.1, up 0% on the day. The volume in the stock stood at 76.35 lakh shares today, compared to the daily average of 217.04 lakh shares in last one month.

The benchmark August futures contract for the stock is quoting at Rs 110.02, down 0.15% on the day. Canara Bank jumped 68.64% in last one year as compared to a 30.01% rally in NIFTY and a 53.61% spurt in the Nifty PSU Bank index.

The PE of the stock is 6.7 based on TTM earnings ending June 24.


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