Canara Bank Sees 12.89 Million Shares Traded, Ranking Among Today's Most Active Stocks

Canara Bank, a prominent player in the public sector banking industry, has emerged as one of the most active equities today, with a total traded volume of 12,894,351 shares and a total traded value of approximately Rs 164.75 crore. The stock opened at Rs 126.25 and reached an intraday high of Rs 128.49, reflecting a gain of 2.22% during the trading session. Currently, the last traded price stands at Rs 127.91, which is just 1.61% shy of its 52-week high of Rs 130.14.
Today’s performance indicates a positive trend reversal for Canara Bank, as it has gained after three consecutive days of decline. Notably, the stock has outperformed its sector by 0.63%, while the broader market, represented by the Sensex, recorded a return of 0.65%. Canara Bank is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong upward momentum.

Despite a decline in delivery volume, which fell by 15.61% against the 5-day average, the stock maintains a high dividend yield of 3.18% and demonstrates sufficient liquidity for trading. Overall, Canara Bank's performance today reflects a robust position within the mid-cap market segment.