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Canara Bank (CANBK) Share Price Falls 4.85% as Q2 Data Stays in Focus

  • October 15, 2026
  • Posted by: Kunal Singla
  • Category: News
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Canara Bank Share Price
Canara Bank (CANBK) share price fell to Rs 118.8 today, down 4.85% from the previous close. Market cap was Rs 1,09,029.23 crore.

Canara Bank Share Price moved lower on 15 October 2026, with the stock trading at Rs 118.80 after a 4.85% decline from the previous close of Rs 124.85. The company’s market capitalisation stood at Rs 1,09,029.23 crore, placing it in the Large Cap category. For readers tracking Canara Bank Share Price Today, the move stands out because the stock traded between Rs 124.65 and Rs 118.60 in early trade, showing a clear intraday reset in Canara Bank Share Price. The latest Univest figures also place Canara Bank Share Price alongside a set of Q2 numbers and peer benchmarks that help frame the move without turning it into a one-line price story.

Canara Bank Share Price is therefore relevant not only because of the day’s fall, but because the latest Univest figures combine price action, valuation and banking-sector context in one place. For investors checking Canara Bank Share Price Live or Canara Bank Share Price Update, the event is a useful snapshot of how a Large Cap lender trades around a fresh results cycle.

Table of Contents

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  • Canara Bank (CANBK) Share Price Today: Price Action Analysis
  • Why Canara Bank (CANBK) May Be Moving Today
  • Canara Bank (CANBK) Fundamental Analysis
  • Sector and Industry Context
  • Peer Comparison
  • Why Investors Are Watching Canara Bank
  • About Canara Bank
  • Track Canara Bank Share Price on Univest
  • Frequently Asked Questions
    • Why did Canara Bank Share Price fall today?
    • What is Canara Bank Share Price today?
    • Is Canara Bank a Large Cap stock?
    • What is Canara Bank Share Price valuation?
    • How does Canara Bank compare with peers?
    • What do Canara Bank earnings show?
    • What do Canara Bank EPS and book value mean?
    • Does Canara Bank pay dividends?
    • Should investors track Canara Bank Share Price on Univest?

Canara Bank (CANBK) Share Price Today: Price Action Analysis

Metric Value
Current Price Rs 118.8
Previous Close Rs 124.85
Today's Move -Rs 6.05 (-4.85%)
Open Rs 124.65
High Rs 124.65
Low Rs 118.6
Market Capitalisation Rs 1,09,029.23 crore
Market Cap Category Large Cap

Canara Bank Share Price opened at Rs 124.65, matched the day high at Rs 124.65, and later touched Rs 118.60 as the day low. The previous close was Rs 124.85, while the current price stood at Rs 118.80, implying a fall of Rs 6.05 or 4.85%. In simple terms, Canara Bank Share Price Today moved from near the prior close to the lower end of its range, and the market capitalisation remained Rs 1,09,029.23 crore. As a Large Cap bank, Canara Bank Share Price is being watched for how it absorbs the latest move alongside its published operating metrics. For readers following Canara Bank Share Price Fall or Canara Bank Stock Falling Today, the key point is that the day’s movement is already fully reflected in the opening, range and closing print used here. That price action now leads naturally into the financial backdrop behind Canara Bank Share Price.

Why Canara Bank (CANBK) May Be Moving Today

According to recent news reports, six items were published on 14 Oct and together they frame the day’s attention around Canara Bank Share Price. One item said Canara Bank anticipates robust credit growth and improved net interest margins in the second half of the fiscal year. Another reported that fresh slippages in Q2 increased to Rs 18.4 billion from Rs 17.8 billion quarter on quarter. A third said Q2 revenue rose to Rs 351 billion from Rs 315 billion year over year. A fourth noted provisions for NPA decreased to Rs 13.39 billion from Rs 13.99 billion quarter on quarter. A fifth said GNPA fell to 1.33% from 1.57% and NNPA dropped to 0.30% from 0.36% quarter on quarter. The sixth item reported Q2 net profit of Rs 51.7 billion, above estimates of Rs 48 billion and above Rs 48 billion a year ago. These items may be prompting interest in Canara Bank Share Price, but the market data itself does not establish a single confirmed cause.

Canara Bank (CANBK) Fundamental Analysis

Metric Value
Market Capitalisation Rs 1,09,029.23 crore
P/E Ratio 5.55x
P/B Ratio 0.97x
ROE 18.03%
ROCE 14.46%
EPS Rs 22.48
Book Value Per Share Rs 129.21
Dividend Yield 3.36%

Canara Bank (CANBK) fundamental metrics show P/E 5.55x, P/B 0.97x, ROE 18.03%, ROCE 14.46%. These ratios show where the company stands today and are not a call to buy or sell.

Canara Bank has a market capitalisation of Rs 1,09,029.23 crore and falls in the Large Cap category, which gives readers a sense of company size before judging valuation. On valuation, P/E at 5.55x, 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. According to latest Univest data, additional metrics include EPS of Rs 22.48, 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 latest Univest same industry benchmark, these figures can be compared with benchmark median P/E of 7.5x, median ROE of 14.7%, median ROCE of 11.73%. Together they describe the fundamental backdrop without implying a buy or sell view.

Sector and Industry Context

Metric Value
Sector Bank
Industry Bank – Public
Benchmark Scope same industry
Company P/E Ratio 5.55x
Benchmark Median P/E 7.5x
Benchmark Average P/E 7.96x
Benchmark P/E Range 5.22x to 11.06x
Company P/B Ratio 0.97x
Benchmark Median P/B 0.99x
Benchmark Average P/B 1.15x
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 1,09,029.23 crore
Benchmark Median Market Cap Rs 86,719.15 crore
Benchmark Average Market Cap Rs 1,45,801.12 crore

Canara Bank (CANBK) operates in the Bank sector, within the Bank – Public industry.

Canara Bank (CANBK) has a P/E ratio of 5.55x, which is below the benchmark median of 7.5x, a difference of -26%. A P/E difference of this kind is a reference point rather than a recommendation.

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 among today's decliners through the Univest top decliners 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 8,82,354.74 10.22 1.5 16.68 12.16
Punjab National Bank PNB 1,33,950.25 6.16 0.93 12.93 13.26
Union Bank Of India UNIONBANK 1,30,916.34 6.44 1.02 16.22 14.57
Bank Of Baroda BANKBARODA 1,22,871.57 6.53 0.7 12.47 11.2
Indian Bank INDIANB 1,13,144.97 8.94 1.49 17.81 16.28

Canara Bank (CANBK) has a P/E ratio of 5.55x compared with the displayed peer median of 6.53x. 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 1,09,029.23 crore. All 5 peers shown have a larger market capitalisation.

Why Investors Are Watching Canara Bank

  • Canara Bank Share Price fell 4.85% to Rs 118.80, keeping the intraday move central to Canara Bank Share Price Today.
  • The bank trades at a P/E of 5.55 and a P/B of 0.97, so Canara Bank Share Price remains near book value.
  • ROE of 18.03% and ROCE of 14.46% keep Canara Bank Share Price in the focus of fundamental analysis.
  • Q2 reporting showed Rs 51.7 billion net profit, Rs 351 billion revenue and lower provisions, all relevant to Canara Bank Financial Results.
  • Canara Bank Share Price sits within the Large Cap banking space, where sector benchmarks and peer comparison matter.

About Canara Bank

Canara Bank is a public-sector bank in the Bank – Public industry and the broader Bank sector. Canara Bank Share Price reflects a business that operates across core banking activities, with earnings tied to lending, deposit mobilisation and treasury-related banking operations. The company’s position as a Large Cap lender gives Canara Bank Share Price a wide market presence, while its published ratios help investors compare it with other public-sector banks. Canara Bank Share Price Today therefore sits within a business that is both scale-driven and metrics-led, making profitability, asset quality and valuation the main checkpoints for Canara Bank Stock News and Canara Bank Stock Performance.

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.

Track Canara Bank Share Price on Univest for live price updates, valuation ratios, market capitalisation, 52-week levels and banking-sector insights. Canara Bank Share Price Today can be followed with the same clean view used across other listed stocks, helping readers check Canara Bank Fundamental Analysis, Canara Bank Share Price Fall context and peer positioning in one place.

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 Uniresearch Global Pvt. Ltd. (Research Analyst, SEBI Reg. No. INH000013776, a subsidiary of Univest Communication Technologies Private Limited).

Frequently Asked Questions

Why did Canara Bank Share Price fall today?

Ans. Canara Bank Share Price fell 4.85% to Rs 118.80 from Rs 124.85. The price action is confirmed, and recent Q2 metrics provide context through revenue, provisions, GNPA, NNPA and profit figures.

What is Canara Bank Share Price today?

Ans. Canara Bank Share Price was Rs 118.80 at the time of the update. It traded below the previous close of Rs 124.85 and moved within a range between Rs 124.65 and Rs 118.60.

Is Canara Bank a Large Cap stock?

Ans. Yes. Canara Bank Share Price is being read in the Large Cap category, with market capitalisation of Rs 1,09,029.23 crore. That size context helps frame comparisons with other public-sector banks.

What is Canara Bank Share Price valuation?

Ans. Canara Bank Share Price trades at a P/E of 5.55 and a P/B of 0.97. Both figures sit below the same-industry benchmark average, while P/B remains near book value. The previous close was Rs 124.85.

How does Canara Bank compare with peers?

Ans. Canara Bank Share Price compares well on returns, with ROE of 18.03% and ROCE of 14.46%. Its valuation is lower than SBI’s and close to several public-sector peers on P/B.

What do Canara Bank earnings show?

Ans. Canara Bank Share Price is supported by reported Q2 net profit of Rs 51.7 billion, revenue of Rs 351 billion and lower provisions for NPA. Those figures add context to the day’s price move.

What do Canara Bank EPS and book value mean?

Ans. Canara Bank Share Price sits alongside EPS of Rs 22.48 and book value of Rs 129.21. EPS shows earnings per share, while book value indicates accounting net worth per share.

Does Canara Bank pay dividends?

Ans. Canara Bank Share Price includes a dividend yield of 3.36%. Dividend yield reflects historical payout relative to the current price, so it adds income context but does not indicate future payouts.

Should investors track Canara Bank Share Price on Univest?

Ans. Yes. Canara Bank Share Price on Univest can be tracked with price updates, valuation ratios, market capitalisation and benchmark context. That makes it easier to read the move with fundamentals, not only with price action.



Author: Kunal Singla
Kunal Singla is the Associate Director - Research at Univest, leading quantitative equity research, intraday trading setups, and derivatives strategy. With 4+ years of experience in Indian equity markets, he combines rigorous quantitative methods with classical technical analysis to build high-conviction research frameworks for retail and advisory clients. He holds an MSc from the Indian Institute of Technology (IIT) Delhi — one of India's most selective institutions — and has completed the Certificate in Quantitative Finance (CQF), a globally recognised programme covering derivatives pricing, risk modelling, machine learning for finance, and advanced portfolio theory. This combination places him in a small group of Indian analysts with both deep academic training in quantitative methods and SEBI-recognised research credentials. Kunal holds seven SEBI-recognised NISM certifications spanning research, derivatives, portfolio management, and securities operations: Series-XV (Research Analyst), Series-XXI-A (Portfolio Managers), Series-XVI (Commodity Derivatives), Series-VIII (Equity Derivatives), Series-VII (SORM), Series-V-A (Mutual Fund Distributors), and Series-I (Currency Derivatives). At Univest — India's SEBI-registered research and advisory platform — Kunal leads research inputs for Pro Lite, Pro Super, Pro Gold, and Pro Commodity advisory services, alongside publishing intraday stock picks on Univest Blogs.

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