Canara Bank Sees 7.4 Million Shares Traded, Ranking Among Most Active Stocks Today

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 7,441,256 shares and a total traded value of approximately Rs. 94.53 crores. The stock opened at Rs. 126.00 and reached a day high of Rs. 127.63, marking a new 52-week high. The last traded price stands at Rs. 126.78, reflecting a 0.75% increase for the day, outperforming its sector, which saw a 0.22% return.
Over the past five days, Canara Bank has shown consistent performance, gaining 7.63% during this period. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. Additionally, the bank has experienced rising investor participation, with a delivery volume of 1.73 crore shares on October 3, which is 2.4% higher than the 5-day average.

With a market capitalization of Rs. 1,15,052.14 crores, Canara Bank also boasts a high dividend yield of 3.18%. The liquidity of the stock remains robust, accommodating trade sizes of Rs. 9.21 crores based on 2% of the 5-day average traded value. Overall, Canara Bank's performance today reflects a solid position within the midcap segment of the banking sector.