Canara Bank Trades 24.3 Million Shares Today, Leading Active Equities by Volume

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 24,328,986 shares and a total traded value of approximately Rs 30,403.93 lakhs. The stock opened at Rs 123.77 and reached a new 52-week high of Rs 126.42, reflecting a 2.15% increase during the trading session. The last traded price stands at Rs 125.65.
In terms of performance, Canara Bank has outperformed its sector by 0.97%, marking a notable achievement as it has gained for four consecutive days, accumulating a total return of 6.31% over 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.

Despite a decline in investor participation, with delivery volume dropping by 16.91% compared to the 5-day average, the stock maintains a high dividend yield of 3.23%. With a market capitalization of Rs 1,11,932.00 crore, Canara Bank continues to demonstrate solid liquidity, supporting trade sizes of Rs 8.91 crore. Overall, Canara Bank's performance today highlights its robust market position within the midcap segment of the banking industry.