Canara Bank Share Price Falls 1.83 Percent After Q1 Results
- July 28, 2026
- Posted by: Neeraj Pandey
- Category: News
Canara Bank Share Price Rs 124.93, down 1.83 percent. Q1 net profit Rs 4,855.82 crore, up 2.18 percent year on year. Net Interest Income Rs 10,216 crore, up 13 percent year on year.
Canara Bank Share Price fell 1.83 percent in trade as investors reacted to the company’s June quarter FY27 results. The stock was quoting at Rs 124.93, down Rs 2.33 or 1.83 percent, against a previous close of Rs 127.26.
Canara Bank’s June quarter results showed an improvement in asset quality, with gross non performing assets falling to 1.57 percent of total advances, down from 1.84 percent in the March quarter and a sharp improvement from 2.69 percent a year earlier.
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Canara Bank Share Price Today: Key Trading Levels
Canara Bank touched an intraday high of Rs 127.17 and an intraday low of Rs 124.55 during the session, opening at Rs 127.17 against the previous close of Rs 127.26.
| Metric | Value |
|---|---|
| Company | Canara Bank |
| CMP | Rs 124.93 |
| Change | Rs -2.33 (-1.83 percent) |
| Open | Rs 127.17 |
| Intraday High | Rs 127.17 |
| Intraday Low | Rs 124.55 |
| Previous Close | Rs 127.26 |
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Canara Bank Q1 FY27 Results: Key Numbers
Canara Bank reported a net profit of Rs 4,855.82 crore for the June quarter of FY27, up 2.18 percent year on year, compared to Rs 4,752.03 crore in the same quarter last year. Net Interest Income came in at Rs 10,216 crore, up 13 percent year on year, against Rs 9,041 crore a year earlier.
Canara Bank has guided for its CASA ratio to reach 30 to 32 percent by March 2027, up from 29.70 percent as of June, along with global net interest margins in the 2.50 to 2.60 percent range and business growth of 10 to 11 percent for the year.
Quarterly comparisons of this kind, measured against the same period a year earlier, help smooth out seasonal effects that can otherwise distort a single quarter’s numbers, and remain the standard yardstick analysts use when assessing Canara Bank’s underlying growth trajectory.
Asset Quality and Guidance Behind the Canara Bank Share Price Move
The improvement in bad loans is typically the first metric investors check for public sector banks, and Canara Bank’s gross NPA decline alongside management’s CASA and margin guidance for FY27 forms the core narrative behind the stock’s reaction this session.
Canara Bank Share Price Outlook After Q1 Results
Canara Bank Share Price reaction reflects how the market is weighing the quarter’s numbers against expectations. Investors tracking Canara Bank should watch the stock’s trend over the next few sessions, along with any management commentary from the post-results earnings call, before drawing firm conclusions about the medium-term outlook.
Quarterly result days often bring above-average trading volumes as both retail and institutional investors reposition around the fresh numbers. For Canara Bank Share Price specifically, the next few sessions will show whether today’s move holds, extends, or reverses once the broader market has had time to fully digest the details in the results filing and any accompanying investor presentation.
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Conclusion
Canara Bank Share Price fell 1.83 percent to Rs 124.93 after the company posted a Q1 FY27 net profit of Rs 4,855.82 crore, up 2.18 percent year on year. Investors evaluating Canara Bank should review the full results and management commentary and consult a SEBI-registered investment advisor before making any investment decision.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs
Why did Canara Bank Share Price move today?
Ans. Canara Bank Share Price fell 1.83 percent to Rs 124.93 after the company reported its Q1 FY27 results, with net profit of Rs 4,855.82 crore, up 2.18 percent year on year.
What was Canara Bank’s Q1 FY27 net profit?
Ans. Canara Bank reported a net profit of Rs 4,855.82 crore for the June quarter of FY27, up 2.18 percent year on year, compared to Rs 4,752.03 crore a year earlier.
What was the intraday range for Canara Bank Share Price today?
Ans. Canara Bank Share Price touched an intraday high of Rs 127.17 and an intraday low of Rs 124.55 during the session.
How did Canara Bank’s revenue perform in Q1 FY27?
Ans. Canara Bank’s net interest income came in at Rs 10,216 crore in Q1 FY27, up 13 percent year on year, compared to Rs 9,041 crore in the same quarter last year.
What is Canara Bank’s asset quality trend in Q1 FY27?
Ans. Canara Bank’s gross non performing assets ratio improved to 1.57 percent in the June quarter, down from 1.84 percent in the March quarter and 2.69 percent a year earlier.
Should investors buy Canara Bank Share Price after the Q1 results?
Ans. Investors should evaluate Canara Bank’s full quarterly performance, management commentary, and valuation, and consult a SEBI-registered investment advisor before making any buy, hold, or sell decisions.
What was the previous close for Canara Bank Share Price before today’s results reaction?
Ans. Canara Bank Share Price previous close was Rs 127.26, against which the stock moved to Rs 124.93 today.
