Canara Bank (CANBK) Share Price rises 2.12% as stock gains today
- August 28, 2026
- Posted by: Harsh Piplani
- Category: News
Canara Bank Share Price is in focus after the stock rose 2.12% today to Rs 127.70, compared with the previous close of Rs 125.05. The company’s market capitalisation stands at Rs 1,17,464.93 crore, placing today’s move in a clear valuation context for investors tracking Canara Bank Share Price Today and Canara Bank Stock News.
The session opened at Rs 128.20, touched an intraday high of Rs 129.05 and a low of Rs 127.25. Turnover stood at Rs 2.81 crore. The supplied data confirms the price event but does not establish a company-specific catalyst, so the focus stays on the verified price action, bank-sector comparisons and the financial ratios that shape Canara Bank Share Price Today discussion.
For readers following Canara Bank News Today or Canara Bank Share News, the key question is not only what changed in the price, but how the move fits the bank’s fundamentals, sector benchmark and peer valuation. Univest tracks those data points together so the stock can be viewed as both a market update and a research note.
Canara Bank Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 127.7 |
| Previous Close | Rs 125.05 |
| Today's Move | Rs 2.65 (+2.12%) |
| Open | Rs 128.2 |
| High | Rs 129.05 |
| Low | Rs 127.25 |
| Turnover | Rs 2.81 crore |
| Market Capitalisation | Rs 1,17,464.93 crore |
| Market Cap Category | Large Cap |
Canara Bank (CANBK) rose to Rs 127.7 from the previous close of Rs 125.05, a move of Rs 2.65 or 2.12%. The stock opened at Rs 128.2, reached a high of Rs 129.05, recorded a low of Rs 127.25.
Canara Bank Share Price Today reflects a gain of Rs 2.65 over the previous close, with the stock closing the session at Rs 127.70. The range between Rs 127.25 and Rs 129.05 shows the day’s trading band, while the opening level of Rs 128.20 sat close to the upper part of that band. This is the factual snapshot behind the Canara Bank Share Price rise today.
The move places Canara Bank among the stocks in news for the session and gives context for those scanning Stock Market Today or Share Market Today screens. As a same-day price rise, it is best read through the actual price change, the session range and the Rs 2.81 crore turnover rather than through speculation about a cause. That is the cleanest way to interpret Canara Bank Share Price Live updates.
Canara Bank (CANBK) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 1,17,464.93 crore |
| P/E Ratio | 5.71x |
| P/B Ratio | 0.97x |
| ROE | 18.03% |
| ROCE | 14.46% |
| EPS | Rs 21.89 |
| Book Value Per Share | Rs 129.21 |
| Dividend Yield | 3.36% |
Canara Bank (CANBK) fundamental metrics show P/E 5.71x, P/B 0.97x, ROE 18.03%, ROCE 14.46%. These figures provide context only and are not a buy or sell signal.
Canara Bank has a market capitalisation of Rs 117464.93 crore and falls in the Large Cap category, which gives readers a sense of company size before judging valuation. On valuation, P/E at 5.71x, P/B at 0.97x should be read against the sector and peer benchmarks rather than as a standalone signal. Profitability is represented by ROE of 18.03% and ROCE of 14.46%, helping investors compare shareholder returns and capital efficiency. Additional supplied metrics include EPS of Rs 21.89, book value per share of Rs 129.21, dividend yield of 3.36%, adding context to earnings, balance-sheet value and historical payout. Against the supplied same industry benchmark, these figures can be compared with benchmark median P/E of 7.68x, median ROE of 14.7%, median ROCE of 11.73%. These numbers explain the fundamental backdrop without converting the article into a buy or sell view.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Bank |
| Industry | Bank – Public |
| Benchmark Scope | same industry |
| Company P/E Ratio | 5.71x |
| Benchmark Median P/E | 7.68x |
| Benchmark Average P/E | 8.3x |
| Benchmark P/E Range | 5.59x to 11.95x |
| Company P/B Ratio | 0.97x |
| Benchmark Median P/B | 1.04x |
| Company ROE | 18.03% |
| Benchmark Median ROE | 14.7% |
| Company ROCE | 14.46% |
| Benchmark Median ROCE | 11.73% |
| Company Market Capitalisation | Rs 1,17,464.93 crore |
| Benchmark Median Market Cap | Rs 91,853.13 crore |
Canara Bank (CANBK) is classified under sector: Bank and industry: Bank – Public.
Canara Bank (CANBK) has a P/E ratio of 5.71x, which is below the benchmark median of 7.68x, a difference of -25.65%. P/E is a valuation multiple and is not, by itself, a buy or sell signal.
Canara Bank (CANBK) has a ROE of 18.03%, which is above the benchmark median of 14.7%, a difference of +22.65%. Canara Bank (CANBK) has a ROCE of 14.46%, which is above the benchmark median of 11.73%, a difference of +23.27%.
Track stocks leading today through the Univest top gainers screener. The peer table below provides the company-level comparison.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| State Bank Of India | SBIN | 9,72,722.48 | 11.19 | 1.64 | 16.68 | 12.16 |
| Union Bank Of India | UNIONBANK | 1,43,511.79 | 6.65 | 1.05 | 16.22 | 14.57 |
| Punjab National Bank | PNB | 1,33,145.75 | 5.83 | 0.88 | 12.93 | 13.26 |
| Bank Of Baroda | BANKBARODA | 1,25,664.1 | 6.74 | 0.73 | 12.47 | 11.2 |
| Indian Bank | INDIANB | 1,19,213.05 | 9.28 | 1.54 | 17.81 | 16.28 |
Canara Bank (CANBK) has a P/E ratio of 5.71x compared with the displayed peer median of 6.74x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 18.03% compares with a peer median of 16.22% across the companies shown in the table. ROCE stood at 14.46% versus the displayed peer median of 13.26%, providing a capital-efficiency comparison. Canara Bank (CANBK) has a market capitalisation of Rs 1,17,464.93 crore. Among the 5 peers shown, 5 have a larger market capitalisation.
Why Investors Are Watching Canara Bank
- Canara Bank Share Price rose 2.12% today to Rs 127.70 after closing at Rs 125.05 previously.
- The day’s range was Rs 127.25 to Rs 129.05, with opening price at Rs 128.20.
- Market capitalisation stands at Rs 1,17,464.93 crore, giving the move a clear scale context.
- P/E is 5.71, P/B is 0.97, ROE is 18.03 and ROCE is 14.46 on the supplied snapshot.
- In the same-industry benchmark, Canara Bank’s ROE and ROCE are above the median and average.
About Canara Bank
Canara Bank is a public-sector bank operating in the Bank sector and the Bank – Public industry. Its business is centred on banking services, which places the stock within the broader public banking universe tracked through NSE and BSE market updates. The company’s current market capitalisation of Rs 1,17,464.93 crore and its valuation profile give investors a practical way to read the Canara Bank Share Price alongside sector peers.
From a financial context perspective, the available data shows a P/E of 5.71, P/B of 0.97, EPS of Rs 21.89, book value of Rs 129.21 and dividend yield of 3.36%. Those figures help frame Canara Bank Stock News beyond a single-day move, because they show how the market is pricing the bank relative to its reported earnings, accounting equity and payout history. For readers tracking Canara Bank Share News, this is the company overview that matters most.
Track Canara Bank Share Price on Univest
Use Canara Bank (CANBK) live share-price page, Univest top gainers screener, Univest market blogs to review live stock data, top-gainers lists and related market analysis.
Readers can track Canara Bank Share Price on Univest for live updates, valuation ratios, shareholding pattern, 52-week levels and market insights in one place. Univest also brings together Canara Bank Stock Analysis, Canara Bank Fundamental Analysis and Canara Bank Share Price Update in a format that is easy to compare with peers and sector benchmarks. For ongoing Canara Bank Latest News, the platform keeps the stock view connected to the broader market context.
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).
Frequently Asked Questions
Why is Canara Bank rising today?
Ans. Canara Bank Share Price rose 2.12% today to Rs 127.70. The supplied data confirms the price move, but it does not establish a company-specific catalyst, so the explanation stays limited to verified market action.
What is Canara Bank Share Price Today?
Ans. Canara Bank Share Price Today is Rs 127.70, compared with the previous close of Rs 125.05. The stock gained Rs 2.65 in the session, with turnover of Rs 2.81 crore.
What is Canara Bank market cap?
Ans. Canara Bank’s market capitalisation is Rs 1,17,464.93 crore. That places it above the same-industry median of Rs 91,853.13 crore and below the benchmark average of Rs 1,57,070.87 crore. The company operates in the Bank sector.
How is Canara Bank valued on earnings and book value?
Ans. Canara Bank trades at a P/E of 5.71 and a P/B of 0.97. EPS is Rs 21.89 and book value per share is Rs 129.21, which gives useful valuation context.
How does Canara Bank compare with bank peers?
Ans. Canara Bank’s P/E is below SBI, Union Bank, Bank of Baroda and Indian Bank, while its ROE of 18.03 is higher than several supplied peers. The comparison is mixed but clearly informative.
What does Canara Bank dividend yield show?
Ans. Canara Bank has a dividend yield of 3.36% in the supplied snapshot. That figure shows the historical or current payout context relative to price, rather than a guaranteed future distribution.
What do ROE and ROCE mean for Canara Bank?
Ans. Canara Bank’s ROE is 18.03 and ROCE is 14.46. ROE measures return on shareholder equity, while ROCE measures returns generated on capital employed, both useful for financial analysis. ROE stands at 18.03%.
Should investors track Canara Bank Share Price on Univest?
Ans. Yes, Univest lets users follow Canara Bank Share Price with valuation ratios, sector context, peer comparisons and market insights. It is a practical way to monitor the stock’s live data and financial context.
