Canara Bank Hits New 52-Week High of Rs. 128.8, Outperforming Sector

Canara Bank has reached a significant milestone by hitting a new 52-week high of Rs. 128.8 on October 15, 2025. This achievement underscores the bank's strong performance in the public sector banking industry, particularly as it outperformed its sector by 0.89% today. The stock's intraday high reflects a 2.88% increase, showcasing its robust market activity. In terms of moving averages, Canara Bank is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a positive trend in its price movement. The bank also boasts a high dividend yield of 3.19%, which adds to its appeal among investors. Over the past year, Canara Bank has delivered a remarkable return of 22.99%, significantly outperforming the Sensex, which recorded a mere 0.96% gain. The bank's strong fundamentals are highlighted by a low gross NPA ratio of 2.69% and impressive net profit growth at an annual rate of 59.37%. With high institutional holdings at 24.14%, Canara Bank continues to demonstrate its solid position in the market.