Canara Bank Trades 5.69 Million Shares Today, Among Most Active Equities

Canara Bank, a prominent player in the public sector banking industry, has shown significant trading activity today, with a total traded volume of 5,689,390 shares and a total traded value of approximately Rs 72.47 crore. The stock opened at Rs 127.30 and reached a day high of Rs 127.89, while the day low was recorded at Rs 126.36. As of the latest update, the last traded price stands at Rs 127.21, which is just 1.4% away from its 52-week high of Rs 128.60.
In terms of performance, Canara Bank has been gaining traction, with a slight increase of 0.05% today, aligning closely with sector performance. The stock has been trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in its price movement. However, there has been a noted decline in investor participation, with delivery volume dropping by 28.54% compared to the 5-day average.

With a market capitalization of Rs 1,15,605.45 crore, Canara Bank also boasts a high dividend yield of 3.14%. The liquidity remains robust, supporting trade sizes of up to Rs 7.23 crore based on recent trading activity. Overall, Canara Bank's performance today reflects a stable position within the midcap segment of the banking sector.