Canara Bank Sees Surge in Trading Activity and Investor Participation

Canara Bank, a prominent player in the public banking sector, has emerged as one of the most active equities today, with a total traded volume of 23,974,661 shares and a traded value of approximately Rs 216.18 crores. The stock opened at Rs 88.50 and reached an intraday high of Rs 91.59, reflecting a notable increase of 4.63% during the trading session. As of the latest update, the last traded price stands at Rs 91.06.
In terms of performance, Canara Bank has outperformed its sector by 1.46%, marking a significant achievement. The stock has shown a consistent upward trend, gaining for the last five consecutive days and delivering a total return of 10.38% over this period. Additionally, the stock's delivery volume on March 21 saw a rise of 37.56% compared to the five-day average, indicating increased investor participation.

Canara Bank's liquidity remains robust, with a trading capacity sufficient for transactions up to Rs 3.74 crores. The stock currently offers a high dividend yield of 3.68%. Overall, Canara Bank's performance today highlights its strong market position and active trading dynamics within the public banking industry.