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Canara Bank (CANBK) 52 Week Low Streak: Second Straight Session Near Trough

5 Oct 2026 • 11:55 am

Canara Bank (CANBK) 52 Week Low Streak: Second Straight Session Near Trough
Canara Bank (CANBK) share price is trading within 2% of its 52-week low today and stood at Rs 118.5, up 0% from the previous close. Market cap was Rs 1,07,487.22 crore.

Canara Bank has now traded within 2% of its 52-week low for its second straight session, with the supplied data showing a cumulative move of -1% across the streak. The stock’s latest trough stands at Rs 118.5, while the current price is also Rs 118.5. The data confirms the repeated-low pattern, but it does not establish a company-specific cause for why the stock has kept trading near this level.

In the latest session snapshot, Canara Bank share price was unchanged from the previous close at Rs 118.5. The stock opened at Rs 118.55 and touched a high of Rs 120.95 before returning to its low point of Rs 118.5. The company’s market capitalisation stands at Rs 1,07,487.22 crore. For readers tracking stocks at one-year low today, the repeated pattern matters more than a single-day move because it shows how price behaviour is unfolding across sessions, not just once.

Canara Bank 52 Week Low Streak: Consecutive Low Analysis

Metric Value
Current Price Rs 118.5
Previous Close Rs 118.5
Today's Move +Rs 0 (+0%)
Open Rs 118.55
High Rs 120.95
Low Rs 118.5
Market Capitalisation Rs 1,07,487.22 crore

Canara Bank (CANBK) traded at Rs 118.5 versus the previous close of Rs 118.5, a rise of 0%. The stock opened at Rs 118.55, reached a high of Rs 120.95, touched a low of Rs 118.5.

Canara Bank share price today is sitting at Rs 118.5, exactly matching the previous close and marking a flat move so far today so far. The stock opened marginally higher at Rs 118.55 and advanced to Rs 120.95, but it also touched Rs 118.5, which remains the lowest point in the intraday range shown in the data. That keeps Canara Bank share price very close to its 52-week trough even as the session trades within a narrow band.

The market-capitalisation figure of Rs 1,07,487.22 crore places the company among the larger names in public sector banking. For readers searching Canara Bank stock news or Canara Bank share price update, the key point is not a one-session fluctuation but the fact that the stock has stayed near its yearly low for a second straight session. In a decline story like this, the price action shows continued weakness around the trough rather than any stable base formation that can be read from the data alone. The current pattern also keeps Canara Bank NSE and Canara Bank BSE price tracking firmly on the radar of investors following 52 week low stocks and stocks hitting 52 week lows.

What the Repeated 52-Week Lows Show

The Canara Bank 52 Week Low Streak is the more important signal here than the one-session move itself. When a stock keeps trading within 2% of its 52-week low across back-to-back sessions, it tells readers that the downside pressure has not yet eased enough to move the share price away from the trough zone. In this case, the cumulative streak move supplied by the workflow is -1%, which shows that the repeated low pattern has persisted without any meaningful repricing away from the bottom.

The data also supports a straightforward comparison between the latest low and the previous one: the current low in the streak is Rs 118.5, and the stock is still trading around that mark. No previous 52-week low value has been supplied, so the article should not infer a prior trough level or an exact gap between troughs. What can be stated factually is that the stock has continued to hover around its one-year low, making this a clear Canara Bank Consecutive 52 Week Low event. That is why readers looking for Canara Bank New One Year Low or Canara Bank Back To Back 52 Week Lows will see this as a repeated pattern rather than a one-off decline.

Importantly, the supplied data confirms the price pattern but does not identify a company-specific trigger. For a stock like Canara Bank, that means the market is still pricing the share close to its yearly low, but the cause of the repeated near-low trading is not established here. The right reading is descriptive rather than speculative: Canara Bank share price remains near the trough, and the streak has extended into a second straight session.

Canara Bank (CANBK) Fundamental Analysis

Metric Value
Market Capitalisation Rs 1,07,487.22 crore
P/E Ratio 5.41x
P/B Ratio 0.92x
ROE 18.03%
ROCE 14.46%
EPS Rs 21.89
Book Value Per Share Rs 129.21
Dividend Yield 3.54%

Canara Bank (CANBK) fundamental metrics show P/E 5.41x, P/B 0.92x, 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 107487.22 crore, which gives readers a sense of company size before judging valuation. On valuation, P/E at 5.41x, P/B at 0.92x 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 3.54%, 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 8.21x, 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 5.41x
Benchmark Median P/E 8.21x
Benchmark Average P/E 7.92x
Benchmark P/E Range 4.99x to 10.75x
Company P/B Ratio 0.92x
Benchmark Median P/B 0.98x
Company ROE 18.03%
Benchmark Median ROE 13.17%
Company ROCE 14.46%
Benchmark Median ROCE 11.31%
Company Market Capitalisation Rs 1,07,487.22 crore
Benchmark Median Market Cap Rs 61,840.1 crore

Canara Bank (CANBK) is classified under sector: Bank and industry: Bank – Public.

Canara Bank (CANBK) has a P/E ratio of 5.41x, which is below the benchmark median of 8.21x, a difference of -34.1%. 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 1,07,750.38 8.43 1.4 17.81 16.28
Bank Of Baroda BANKBARODA 1,19,846.32 6.6 0.71 12.47 11.2
Punjab National Bank PNB 1,26,307.45 5.72 0.87 12.93 13.26
Union Bank Of India UNIONBANK 1,28,244.57 6.21 0.98 16.22 14.57
Bank Of Maharashtra MAHABANK 61,840.1 8.21 1.83 24.12 16.53

Canara Bank (CANBK) has a P/E ratio of 5.41x compared with the displayed peer median of 6.6x. 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 1,07,487.22 crore. Among the 5 peers shown, 4 have a larger market capitalisation.

Why Investors Are Watching

  • Canara Bank 52 Week Low Streak has stretched into a second straight session, keeping the stock near its yearly low.
  • The cumulative streak move is -1%, which confirms a repeated low pattern rather than a one-day slip.
  • Canara Bank Share Price is trading near Rs 118.5, close to the latest trough shown in the data.
  • The stock’s PE and PB remain below or near sector benchmarks, which keeps valuation in focus.
  • Investors tracking Canara Bank stock performance are likely to watch whether the repeated-low pattern persists or stabilises.

About the Company

Canara Bank is a large public sector bank listed on NSE and BSE, operating in the Bank sector and the Bank – Public industry. In the supplied snapshot, the company’s market capitalisation is Rs 1,07,487.22 crore. The business context matters because Canara Bank share price today is being judged not only by its move near the 52-week low, but also by the scale of the franchise, its earnings base and its position in the public sector banking universe.

From a reported metrics angle, the company shows EPS of Rs 21.89, book value of Rs 129.21, ROE of 18.03% and ROCE of 14.46%. The dividend yield stands at 3.54%. Those are the core company facts in the supplied dataset and they form the backdrop for any Canara Bank stock analysis, especially when the share price remains close to its one-year low.

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 still hitting 52 week lows?

Ans. The supplied data confirms that Canara Bank has traded within 2% of its 52-week low for a second straight session, but it does not establish a company-specific cause. The repeated low pattern is visible, while the reason remains unconfirmed in.

What does the Canara Bank 52 Week Low Streak mean?

Ans. It means the stock has remained near its 52-week trough across consecutive sessions, rather than only once. For readers, that signals a repeated downside pattern that deserves attention in Canara Bank stock news and stock performance tracking.

How does Canara Bank compare with public sector bank peers?

Ans. Canara Bank’s PE of 5.41 is below the industry median of 8.21, and its ROE of 18.03% is above the industry median of 13.17%. That places the stock among lower-valuation names with solid return metrics inside the peer set.

What should investors track next in Canara Bank share price today?

Ans. Investors should track whether Canara Bank share price stays pinned near the one-year low or starts trading away from that zone. The key issue is the persistence of the Canara Bank Consecutive 52 Week Low pattern, not just a single.

Is Canara Bank trading at a high valuation?

Ans. No. The supplied data shows a PE of 5.41 and a PB of 0.92, both of which are restrained versus the banking-sector benchmarks included here. That does not prevent the stock from trading near its low, but it does keep.

What makes this Canara Bank 52 Week Low Streak article different?

Ans. It focuses on the repeated near-low pattern across sessions, the cumulative move across the streak and the sector and peer backdrop. That is different from a single-day share price note, which usually centres only on the immediate move.

Track Canara Bank (CANBK) 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.

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Note: This blog is for information purpose only. Investments and trading are subject to market risks, read all scheme related documents carefully.

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