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Shares of Canara Bank traded at Rs 100.1 on BSE at 11:20AM (IST) on Wednesday, down 1.33 per cent from previous close.
The scrip quoted a 52-week low price of Rs 77.4 and a high of Rs 129.35.
Earlier, shares of the company saw a gap down opening in the morning.
A total of 404,761 lakh shares changed hands on the counter till 11:20AM (IST).
The stock of Canara Bank commanded a market value of Rs 91069.34 crore, according to BSE.
The stock traded at a price-to-earning (P/E) multiple of 5.69, while the price-to-book value ratio stood at 1.27. Return on equity (ROE) was at 18.4 per cent, according to exchange data.
In the BSE500 pack, 57 stocks traded in the green, while 440 stocks were in the red.
The stock’s beta value, which measures volatility in relation to the broader market, stood at 1.92.
Promotor/FII Holding
Promoters held 62.93 per cent in Canara Bank as of 30-Jun-2024 while foreign portfolio investors and domestic institutional investors owned 11.25 per cent and 4.34 per cent, respectively.
Moving averages
The 200-DMA of the stock stood at 112.06 on November 13, while the 50-DMA was at 104.51. If a stock trades below 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered as bearish trend and if trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.
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