Canara Bank Hits New 52-Week High of Rs. 127.65, Outperforming Sector

Canara Bank has reached a significant milestone by hitting a new 52-week high of Rs. 127.65 today, October 6, 2025. This achievement underscores the bank's robust performance in the public sector banking industry, particularly as it has outperformed its sector by 0.38% today. The stock has shown consistent upward momentum, gaining 2.59% over the last two days.
In terms of moving averages, Canara Bank is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a strong bullish trend. The bank also boasts a high dividend yield of 3.18%, which adds to its appeal among investors.

Over the past year, Canara Bank has delivered a return of 17.70%, significantly outperforming the Sensex, which has seen a decline of 0.30%. The bank's strong lending practices are reflected in its low Gross NPA ratio of 2.69%, and it has demonstrated impressive long-term growth with a 59.37% CAGR in net profits. With high institutional holdings at 22.8%, Canara Bank continues to solidify its position in the market.