Canara Bank Surges with 7.06 Million Shares Traded Today Amid High Activity

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 7,065,140 shares and a total traded value of approximately Rs 86.65 crore. The stock opened at Rs 122.90 and reached a day high of Rs 123.33, while the day low was recorded at Rs 121.80. As of the latest update, the last traded price stands at Rs 122.34, reflecting a slight decline of 0.34% for the day.
Despite this dip, Canara Bank remains close to its 52-week high of Rs 124.55, just 1.39% away. The stock has shown resilience, trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Notably, investor participation has increased, with delivery volume on September 24 rising by 38.58% compared to the 5-day average. The bank also boasts a high dividend yield of 3.25% at the current price, indicating a solid return for shareholders.

In summary, Canara Bank's performance today reflects a mix of active trading and strong underlying metrics, maintaining its position in the mid-cap market with a market capitalization of Rs 1,11,106.41 crore.