Canara Bank Exhibits Strong Trading Volume Amidst Declining Investor Participation
Canara Bank has emerged as a highly active stock today, with over 41 million shares traded. The stock opened at Rs 113.86, reaching a high of Rs 115.70. Despite a drop in investor participation, the bank maintains a strong dividend yield and robust liquidity, indicating a dynamic market presence.
Canara Bank, a prominent player in the public sector banking industry, has shown significant trading activity today, making it one of the most active equities by volume. The stock, trading under the symbol CANBK, recorded a total traded volume of 41,767,665 shares, with a total traded value of approximately Rs 47.18 crore. The stock opened at Rs 113.86, reaching a day high of Rs 115.70 and a day low of Rs 110.50, before settling at a last traded price of Rs 110.65. Notably, Canara Bank's performance today outpaced its sector by 1.1%, while the broader Sensex index experienced a slight decline of 0.12%.
Despite this positive performance, there has been a notable decrease in investor participation, with delivery volume dropping by 40.74% compared to the five-day average. Canara Bank maintains a high dividend yield of 3.61% at the current price, and its liquidity remains robust, accommodating trade sizes of up to Rs 12.9 crore based on recent trading metrics.
Overall, Canara Bank's trading activity reflects a dynamic market presence, characterized by strong performance indicators amidst fluctuating investor engagement.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
