Canara Bank Hits New 52-Week High of Rs. 130.2, Outperforming Sector

Canara Bank has reached a significant milestone by hitting a new 52-week high of Rs.130.2 today, October 16, 2025. This achievement underscores the bank's robust performance in the public sector banking industry, particularly as it has outperformed its sector by 0.55% today. The stock has shown consistent gains, rising 3.51% over the past two days, reflecting a positive trend in its market activity.
In terms of moving averages, Canara Bank is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating strong momentum. The bank also boasts a high dividend yield of 3.12%, which adds to its appeal among investors. Over the past year, Canara Bank has delivered a notable return of 24.16%, significantly outperforming the Sensex, which has only gained 1.79% in the same period.

With a low Gross NPA ratio of 2.69% and a strong long-term growth trajectory, Canara Bank continues to demonstrate its solid position in the market, making this new high a noteworthy event in its ongoing performance.