Canara Bank (CANBK) Share Price near 52-week low after weak intraday trade
- October 1, 2026
- Posted by: Chaitanya Auti
- Category: News
Canara Bank Share Price is Rs 117.7, down 5.73% today, and trading near its 52-week low with market capitalisation of Rs 1,09,029.23 crore. Univest data shows the move is significant even before a clear company-specific catalyst is confirmed.
Canara Bank Share Price is at Rs 117.7, down Rs 7.15 or 5.73% from the previous close, and the stock is trading close to its 52-week low with a market capitalisation of Rs 1,09,029.23 crore. For investors tracking Canara Bank Share Price Today, the latest trade shows a weak price setup after an early day open of Rs 124.65 and a high of Rs 124.65 before slipping to a low of Rs 116.8. Univest data confirms the price event, while the available record does not establish a single company-specific catalyst. Canara Bank Stock News is therefore being watched through a mix of price action, bank-sector valuation and Q2 operating updates rather than one isolated trigger. The move also keeps Canara Bank Share Price relevant for searches on Canara Bank Share Price Today, Canara Bank Stock News and Canara Bank Share Price Live.
Canara Bank Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 117.7 |
| Previous Close | Rs 124.85 |
| Today's Move | Rs -7.15 (-5.73%) |
| Open | Rs 124.65 |
| High | Rs 124.65 |
| Low | Rs 116.8 |
| Market Capitalisation | Rs 1,09,029.23 crore |
Canara Bank (CANBK) traded at Rs 117.7 versus the previous close of Rs 124.85, a fall of 5.73%. The stock opened at Rs 124.65, reached a high of Rs 124.65, touched a low of Rs 116.8.
Canara Bank Share Price Today reflects a clear gap between the prior trade and the current level, with the stock at Rs 117.7 versus the previous close of Rs 124.85. The intraday range has been tight but negative, with the day open and high both at Rs 124.65 and the low at Rs 116.8, showing that selling pressure emerged after the opening print. The current move of Rs 7.15, or 5.73%, places Canara Bank Share Price near a one-year low and keeps Canara Bank Stock Performance under review. For Canara Bank Share Price News followers, the key point is that the market is pricing in a weaker intraday tone rather than a broad recovery. That makes the next read-through from bank-sector fundamentals especially important for Canara Bank Share Price Today.
Why Canara Bank (CANBK) May Be Moving Today
Recent Canara Bank Stock News may be linked to a mixed Q2 readout reported in the past 24 hours. According to recent news reports, net profit rose to Rs 51.7 billion, above estimates of Rs 48 billion and above Rs 48 billion a year ago, while revenue climbed to Rs 351 billion from Rs 315 billion year-over-year. Asset-quality commentary was mixed: fresh slippages rose to Rs 18.4 billion from Rs 17.8 billion quarter-on-quarter, even as provisions for NPAs eased to Rs 13.39 billion from Rs 13.99 billion, GNPA improved to 1.33% from 1.57%, and NNPA fell to 0.30% from 0.36%. The bank also said it expects robust credit growth and improved net interest margins in the second half of the fiscal year, so the price move could be tied to that balance of stronger earnings against weaker slippage data.
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 figures provide context only and are not a buy or sell signal.
Canara Bank has a market capitalisation of Rs 1,09,029.23 crore, 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 8.46x, median ROE of 13.17%, median ROCE of 11.31%. 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 | 5.55x |
| Benchmark Median P/E | 8.46x |
| Benchmark Average P/E | 8.18x |
| Benchmark P/E Range | 5.22x to 11.06x |
| Company P/B Ratio | 0.97x |
| Benchmark Median P/B | 1.02x |
| Company ROE | 18.03% |
| Benchmark Median ROE | 13.17% |
| Company ROCE | 14.46% |
| Benchmark Median ROCE | 11.31% |
| Company Market Capitalisation | Rs 1,09,029.23 crore |
| Benchmark Median Market Cap | Rs 64,409.08 crore |
Canara Bank (CANBK) is classified under sector: Bank and industry: Bank – Public.
Canara Bank (CANBK) has a P/E ratio of 5.55x, which is below the benchmark median of 8.46x, a difference of -34.4%. 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 13.17%, a difference of +36.9%. Canara Bank (CANBK) has a ROCE of 14.46%, which is above the benchmark median of 11.31%, a difference of +27.85%.
Track stocks falling to yearly lows through the Univest 52-week-low screener. The peer table below provides the company-level comparison.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| Indian Bank | INDIANB | 1,13,144.97 | 8.94 | 1.49 | 17.81 | 16.28 |
| Bank Of Baroda | BANKBARODA | 1,22,871.57 | 6.53 | 0.7 | 12.47 | 11.2 |
| Union Bank Of India | UNIONBANK | 1,30,916.34 | 6.44 | 1.02 | 16.22 | 14.57 |
| Punjab National Bank | PNB | 1,33,950.25 | 6.16 | 0.93 | 12.93 | 13.26 |
| Bank Of Maharashtra | MAHABANK | 64,409.08 | 8.46 | 1.88 | 24.12 | 16.53 |
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 14.57%, providing a capital-efficiency comparison. Canara Bank (CANBK) has a market capitalisation of Rs 1,09,029.23 crore. Among the 5 peers shown, 4 have a larger market capitalisation.
Why Investors Are Watching Canara Bank
- Canara Bank Share Price is trading near its 52-week low, keeping price action in focus for Canara Bank Stock News.
- The latest intraday range shows weakness, with the stock moving from Rs 124.65 to Rs 116.8 before last trading at Rs 117.7.
- Canara Bank Fundamental Analysis shows P/E of 5.55, P/B of 0.97, ROE of 18.03% and ROCE of 14.46%.
- Sector comparison shows Canara Bank Share Price below the same-industry P/E median and average.
- Recent Q2 news combines stronger profit with mixed asset-quality signals, which keeps Canara Bank Share Price Today in play.
About Canara Bank
Canara Bank is a public-sector lender in the Bank sector and Bank – Public industry. The business is primarily driven by banking services for retail, corporate and institutional customers, with performance shaped by lending growth, deposit franchise, asset quality and treasury activity. In Canara Bank Stock News, the latest quarter showed strong revenue and profit, but the market is also weighing asset-quality indicators and the bank’s commentary on credit growth and net interest margins. For investors following Canara Bank Share Price Live, the company’s market position matters because public-sector banks are often compared on valuation, return ratios and balance-sheet quality rather than only on daily share moves. That makes Canara Bank Share Price Today a useful case study in how earnings, book value and sector metrics can intersect.
Track Canara Bank Share Price on Univest
Use Canara Bank (CANBK) live share-price page, Univest 52-week-low screener, Univest market blogs to review live stock data, yearly-low lists and related market analysis.
Univest allows users to track Canara Bank Share Price alongside live price action, technical indicators, fundamental ratios, shareholding pattern, 52-week levels and market insights. If you are following Canara Bank Share Price Today, Univest brings the stock context together in one place for quick monitoring.
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 Registration Number INH000013776), a subsidiary of Univest Communication Technologies Private Limited.
Frequently Asked Questions
Why is Canara Bank Share Price falling today?
Ans. Canara Bank Share Price is down 5.73% at Rs 117.7, and the price action is weak near a 52-week low. The latest news mix shows stronger profit alongside higher fresh slippages, which investors are weighing carefully.
What is Canara Bank Share Price Today?
Ans. Canara Bank Share Price Today is Rs 117.7, compared with the previous close of Rs 124.85. The stock has moved lower after opening at Rs 124.65 and touching an intraday low of Rs 116.8.
Is Canara Bank trading near its 52-week low?
Ans. Yes, Canara Bank Share Price is trading near its 52-week low, which is why it fits the near-52-week-low screen. The move has drawn attention because the stock is also below its 50 DMA and 200 DMA.
What do Canara Bank’s valuation ratios show?
Ans. Canara Bank Share Price is supported by a P/E of 5.55 and a P/B of 0.97. In the bank peer set, both are below the same-industry median, while ROE and ROCE remain above the benchmark median.
How do Canara Bank earnings look in the latest quarter?
Ans. Recent news reports show net profit of Rs 51.7 billion, above estimates of Rs 48 billion and above Rs 48 billion a year ago. Revenue also rose to Rs 351 billion from Rs 315 billion year-over-year.
What does Canara Bank’s asset quality data indicate?
Ans. Recent reports show GNPA at 1.33% and NNPA at 0.30%, both better than the prior quarter. However, fresh slippages rose to Rs 18.4 billion, so the asset-quality picture is mixed.
How does Canara Bank compare with public-sector bank peers?
Ans. Canara Bank Share Price looks cheaper on P/E than most peers and has stronger ROE than several comparables. Its market cap is also above the peer-group median, which keeps it relevant in peer comparison.
What are Canara Bank’s key support and resistance levels?
Ans. Based on the day’s price action, immediate support is around Rs 116.8, the intraday low, while Rs 124.65 marks the day’s high and opening level. The stock remains below its 50 DMA and 200 DMA.
How important is dividend yield for Canara Bank Share Price?
Ans. Canara Bank has a dividend yield of 3.36%, which adds income context to the stock. Dividend yield reflects historical payout relative to price, so it should be read alongside earnings, book value and valuation.
Where can I track Canara Bank Share Price Live?
Ans. You can track Canara Bank Share Price Live on Univest, where the stock page brings together price action, key ratios, sector context, peer comparison and 52-week levels in one place for quick monitoring.