Canara Bank (CANBK) Share Price Falls 2.44% Today to Rs 121.90
- September 28, 2026
- Posted by: Harsh Piplani
- Category: News
Canara Bank Share Price declined to Rs 121.90 today, down 2.44% from the previous close of Rs 124.95. The bank’s market capitalisation stands at Rs 113,337.79 crore, placing it in the Large Cap category. The move is relevant because the data confirms a clear same-day share price fall, but it does not establish a company-specific catalyst. For readers tracking Canara Bank Share Price Today, the day’s move sits within a broader valuation and sector context that investors can review through Canara Bank Stock News and Canara Bank Share Price News coverage on Univest.
The stock opened at Rs 124.90, matched that level as the day’s high, and touched Rs 121.80 as the low before closing near the session bottom. Turnover was Rs 2.92 crore. In this article, Univest breaks down the price action, fundamentals, sector comparison and peers using only verified data so that the discussion stays factual and event-led.
Canara Bank (CANBK) Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 121.9 |
| Previous Close | Rs 124.95 |
| Today's Move | -Rs 3.05 (-2.44%) |
| Open | Rs 124.9 |
| High | Rs 124.9 |
| Low | Rs 121.8 |
| Turnover | Rs 2.92 crore |
| Market Capitalisation | Rs 1,13,337.79 crore |
| Market Cap Category | Large Cap |
Canara Bank Share Price Today shows a day move from Rs 124.95 to Rs 121.90, a fall of Rs 3.05 or 2.44%. The stock opened at Rs 124.90, traded up to Rs 124.90 in the session, and slipped to a low of Rs 121.80. That places the close only Rs 0.10 above the day’s low, which is useful context for understanding the day’s price action without adding unsupported interpretation.
The current move is best read as a verified price event rather than a story with a stated trigger. The market cap of Rs 113,337.79 crore keeps Canara Bank Share Price in the Large Cap category, so today’s decline is occurring in a sizeable listed bank rather than a smaller counter. Turnover of Rs 2.92 crore is a factual traded-value figure for the day. For readers following Canara Bank Share Price Live, the key point is that the decline is visible in the gap between the previous close and the current price, while the data itself does not identify a company-specific reason. That takes the discussion naturally into Canara Bank Stock News and the fundamental backdrop.
Canara Bank (CANBK) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 1,13,337.79 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 Share Price should also be read alongside its valuation and earnings metrics. The stock trades at a P/E ratio of 5.71 and a P/B ratio of 0.97. Its ROE is 18.03% and ROCE is 14.46%, both useful return metrics for understanding how the business is performing on shareholder equity and capital employed. EPS stands at Rs 21.89, book value is Rs 129.21 per share, and dividend yield is 3.36%.
On a simple arithmetic basis, the current price of Rs 121.90 sits below the reported book value of Rs 129.21 per share. That does not by itself define quality or future direction, but it does place the valuation in a clearly measurable frame. For those scanning Canara Bank Share Price Today alongside Canara Bank Fundamental Analysis, the combination of P/E, P/B, ROE, ROCE, EPS, book value and dividend yield gives the stock a defined financial profile. Univest uses this verified data so that readers can separate the day’s price fall from the longer-term financial backdrop. The next step is to compare these numbers with the banking peer set.
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 | 8.06x |
| Benchmark P/E Range | 5.33x to 11.19x |
| Company P/B Ratio | 0.97x |
| Benchmark Median P/B | 1.01x |
| Benchmark Average P/B | 1.16x |
| Company ROE | 18.03% |
| Benchmark Median ROE | 14.7% |
| Benchmark Average ROE | 15.15% |
| Company ROCE | 14.46% |
| Benchmark Median ROCE | 11.73% |
| Benchmark Average ROCE | 12.42% |
| Company Market Capitalisation | Rs 1,13,337.79 crore |
| Benchmark Median Market Cap | Rs 88,469.38 crore |
| Benchmark Average Market Cap | Rs 1,49,035.34 crore |
Canara Bank Share Price can be compared with the public-sector banking benchmark in the Bank – Public industry. The benchmark scope covers 12 companies in the same industry. Within that set, Canara Bank’s P/E of 5.71 is below the peer median of 7.68 and below the peer average of 8.06. Its P/B of 0.97 is slightly below the benchmark median of 1.01 and below the benchmark average of 1.16.
The return metrics show a different picture. Canara Bank’s ROE of 18.03% is above the benchmark median of 14.70% and the benchmark average of 15.15%. Its ROCE of 14.46% is also above the benchmark median of 11.73% and the benchmark average of 12.42%. In market-cap terms, Canara Bank’s Rs 113,337.79 crore valuation is above the benchmark median of Rs 88,469.38 crore but below the benchmark average of Rs 149,035.34 crore. This sector view helps readers assess Canara Bank Stock Analysis without overreading a single session’s move. In Canara Bank Stock News, the sector numbers matter because they show where the company sits within a common benchmark group.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| State Bank Of India | SBIN | 9,06,908.18 | 10.52 | 1.54 | 16.68 | 12.16 |
| Union Bank Of India | UNIONBANK | 1,37,404.9 | 6.66 | 1.05 | 16.22 | 14.57 |
| Punjab National Bank | PNB | 1,34,122.65 | 6.07 | 0.92 | 12.93 | 13.26 |
| Bank Of Baroda | BANKBARODA | 1,21,656.3 | 6.7 | 0.72 | 12.47 | 11.2 |
| Indian Bank | INDIANB | 1,11,791.28 | 8.74 | 1.45 | 17.81 | 16.28 |
Among listed peers,Canara Bank Share Price sits alongside State Bank of India, Union Bank of India, Punjab National Bank, Bank of Baroda and Indian Bank in the same industry set. SBI has a much larger market capitalisation of Rs 906,908.18 crore and a higher P/E of 10.52, while Union Bank of India trades at a P/E of 6.66 and ROCE of 14.57%.
Punjab National Bank is valued at a P/E of 6.07 and P/B of 0.92, while Bank of Baroda shows a P/B of 0.72 with a lower ROE of 12.47%. Indian Bank has a P/E of 8.74 and ROE of 17.81%. Against these names, Canara Bank’s P/E of 5.71 remains on the lower side, while its ROE of 18.03% stands above several peers. For readers comparing Canara Bank Share Price with Canara Bank Stock Performance in the public-bank space, the peer set offers a clear factual benchmark.
Why Investors Are Watching Canara Bank
- Canara Bank Share Price fell 2.44% today to Rs 121.90 from Rs 124.95.
- The day’s price range was Rs 124.90 to Rs 121.80, with turnover of Rs 2.92 crore.
- The bank’s market capitalisation is Rs 113,337.79 crore, which places it in the Large Cap category.
- Valuation stands at a P/E of 5.71 and a P/B of 0.97.
- ROE is 18.03%, ROCE is 14.46%, EPS is Rs 21.89 and dividend yield is 3.36%.
About Canara Bank
Canara Bank operates in the Bank sector and the Bank – Public industry. The company is tracked on both NSE and BSE under the symbol CANBK in market coverage. Its current market capitalisation is Rs 113,337.79 crore. For readers following Canara Bank Share Price and related Canara Bank Company News, the verified business classification and financial profile are the main facts available in this update. Univest presents this context so the stock can be viewed through company size, sector classification and the latest market movement rather than through speculation.
Track Canara Bank Share Price on Univest
Use Canara Bank (CANBK) live share-price page,Univest top decliners screener,Univest market blogs to review live stock data, top decliners 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. Univest brings together Canara Bank Stock News,Canara Bank Share Price Today and related Canara Bank Stock Analysis in one place for quick reference.
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 did Canara Bank Share Price fall today?
Ans. The data confirms that Canara Bank Share Price fell 2.44% to Rs 121.90 from Rs 124.95. It does not establish a company-specific catalyst, so the move should be read as a verified price event.
What is Canara Bank Share Price today?
Ans. Canara Bank Share Price today is Rs 121.90. The stock declined Rs 3.05, or 2.44%, from the previous close of Rs 124.95, with the session low at Rs 121.80. The previous close was Rs 124.95.
What is Canara Bank’s market capitalisation?
Ans. Canara Bank’s market capitalisation is Rs 113,337.79 crore. That places it in the Large Cap category and above the benchmark median for the same industry group. The company operates in the Bank sector.
What are the key valuation metrics for Canara Bank?
Ans. Canara Bank trades at a P/E of 5.71 and a P/B of 0.97. Its EPS is Rs 21.89 and book value is Rs 129.21 per share, which gives context to the current price.
How do Canara Bank’s returns compare with peers?
Ans. Canara Bank’s ROE is 18.03% and ROCE is 14.46%. Both are above the benchmark median for the same industry group, which helps place the stock within its peer set. Comparable listed companies include State Bank Of India, Union Bank Of.
How does Canara Bank compare with public-sector bank peers?
Ans. Compared with peers such as SBI, Union Bank of India, PNB, Bank of Baroda and Indian Bank, Canara Bank’s P/E is lower than several names while its ROE is relatively stronger.
What was Canara Bank’s price range today?
Ans. Canara Bank traded between Rs 124.90 and Rs 121.80 today. The stock opened at Rs 124.90 and closed at Rs 121.90, which kept it near the lower end of the day’s range.
Should investors track Canara Bank Share Price on Univest?
Ans. Yes. Univest tracks Canara Bank Share Price with live updates, valuation ratios, shareholding pattern, 52-week levels and market insights, making it a useful reference point for ongoing monitoring. The previous close was Rs 124.95.
