Canara Bank Hits New 52-Week High of Rs. 145.05

Canara Bank has reached a significant milestone by hitting a new 52-week high of Rs. 145.05 on November 13, 2025. This achievement underscores the bank's robust performance in the public sector banking industry, particularly as it has demonstrated a remarkable 46.21% return over the past year, significantly outperforming the Sensex, which has gained only 9.09% in the same period. The stock has shown consistent upward momentum, gaining 1.92% over the last two days. Canara Bank is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong market position. The bank's low Gross NPA ratio of 2.35% reflects its strong lending practices, while a healthy annual growth rate of 61.43% in net profits highlights its long-term fundamental strength. Additionally, Canara Bank has maintained high institutional holdings at 24.14%, suggesting confidence from larger investors. With positive results reported for the last three consecutive quarters, the bank continues to solidify its standing among mid-cap stocks, ranking 14th in its category and 44th across the entire market.