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Canara Bank spurts 1.24%
(13:05, 17 May 2022)

Canara Bank is up for a third straight session in a row. The stock is quoting at Rs 200.2, up 1.24% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 2.01% on the day, quoting at 16160.4. The Sensex is at 53995.88, up 1.93%. Canara Bank has dropped around 14.55% in last one month.

Meanwhile, Nifty PSU Bank index of which Canara Bank is a constituent, has dropped around 11.5% in last one month and is currently quoting at 2474.2, up 1.17% on the day. The volume in the stock stood at 63.96 lakh shares today, compared to the daily average of 100.57 lakh shares in last one month.

The benchmark May futures contract for the stock is quoting at Rs 199.9, up 1.32% on the day. Canara Bank is up 36.52% in last one year as compared to a 6.97% spurt in NIFTY and a 11.32% spurt in the Nifty PSU Bank index.

The PE of the stock is 5.49 based on TTM earnings ending March 22.

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