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Promoter Holding

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CANBK

201234567899012345678960123456789.5012345678900123456789
+11.40 (+4.00%)
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Previous Close: 285.1
1D
5D
1M
3M
1Y
5Y
Today's low
278.75
Today's high
297.3
52 week low
171.75
52 week high
341.7
Volume
16406307
About
Tech Summary
DMA(12)
₹318.69
DMA(50)
₹273.59
DMA(100)
₹252.7
DMA(200)
₹233.86
Fund Summary
Market Cap
₹53788.07 Cr.
Enterprise Value
₹100073.03 Cr.
No. of Shares
181.41
P/E
8.78
RoE
10.03
Debt/Equity
0.75
Valuations
PE Chart
6.07.08.09.010.0
PB Chart
0.600.700.800.90
Promoter Holdings
Public : 14.97%
FII : 8.48%
DII : 13.61%
Promoter : 62.93%
Others : 0%
Charts
Debt/Equity
0.800.901.001.101.201.30
Mar, 2018Mar, 2019Mar, 2020Mar, 2021Mar, 2022
ROE vs ROCE
-10-50510
Mar, 2018Mar, 2019Mar, 2020Mar, 2021Mar, 2022
ROE
ROCE
Revenue vs Profitability (1000Cr.)
0204060
Mar, 2018Mar, 2019Mar, 2020Mar, 2021Mar, 2022
Revenue
Profit
Margins(%)
-10-50510
Mar, 2018Mar, 2019Mar, 2020Mar, 2021Mar, 2022
Net Margin
Gross Margin
About
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Price Target Potential
Brokerage
LKP Securities Limited
Target
276
Potential
30.25%
Stock Sentiments
92% Bullish
8% Bearish
85 live trades of Rs. 7,845,755.2
P
Premkumar2023
 
Reputation: 96 • 
Feb 3 8:54 PM
CANBK
100 Qty (S) Trade entered₹20
K
kannan-rJr-TpKmc
 
Reputation: 0 • 
Feb 3 8:51 PM
CANBK FEB23 310 CE
2700 Qty (B) Trade entered₹0
Posts by FrontPage Users
NewsBot-display-image
Reputation: 30,347  •  Feb 2 5:01 AM
Collateral damage! PSU bank stocks crash up to 8% along with Adani stocks
Collateral damage! PSU bank stocks crash up to 8% along with Adani stocks
Adani stocks came under pressure after global investment banker Credit Suisse assigned zero lending value for bonds sold by Adani Ports and Special Economic Zone, Adani Green Energy and Adani Electricity Mumbai. It has stopped accepting bonds of Adani companies as collateral for margin loans to its private banking clients following allegations made in Hindenburg report, Bloomberg said.
The Economic Times
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Option Master Intraday-display-image
Reputation: 65,140  •  Feb 1 3:36 AM


💎Canara Bank Budget Special Trade Levels:

🔰Canara Bank or CANBK will execute a breakout on chart above 309 level.

🔰Buy above 309, SL 296

🔰Target 318/325.
Chartbusters - chart - 26128370
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Reputation: 30,347  •  Jan 31 9:53 PM
Buy Canara Bank; target of Rs 349: LKP Research
Buy Canara Bank; target of Rs 349: LKP Research
LKP Research is bullish on Canara Bank has recommended buy rating on the stock with a target price of Rs 349 in its research report dated January 30, 2023.
Moneycontrol
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Shashwat Jain-display-image
Reputation: 2,157  •  Jan 31 6:26 AM

Buy at Support in #CANBK
Time Frame = 1 Day
Chartbusters - chart - 25826583
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Reputation: 30,347  •  Jan 30 11:56 AM
A break of 17,450 could take Nifty down to 17,230
A break of 17,450 could take Nifty down to 17,230
​Nifty has broken down from its consolidation range and slipped below its 100-day exponential moving average (EMA) of 17,900 levels, which was being defended for the past 23 sessions. The short-term moving averages are in a falling mode, which indicates the bearish momentum could continue in the upcoming week.
The Economic Times
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Reputation: 30,347  •  Jan 29 2:46 PM
What to buy as Sensex dives below 59,500? Dilip Bhat answers
What to buy as Sensex dives below 59,500? Dilip Bhat answers
"Pharma is certainly one of the spaces that one should look at because that is one of the space which has not done anything at all. They have only gone down. I think one should definitely look into some of the frontline pharma stocks like Sun Pharma, Lupin, Cipla. I will also be a little more comfortable with something like Larsen & Toubro or Siemens or ABB."
The Economic Times
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TradeOHolic-display-image
Reputation: 3,172  •  Jan 27 2:01 AM

We might see the same kind of rally in Canara Bank like we saw in 2009-2010, where the stock went up to 750 in 2010.
Record high growth in earnings
Available at a forward PE of just 4
Q3 was a blockbuster
Explosive 3 Year Profit CAGR of 115%
Extremely undervalued .
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Reputation: 30,347  •  Jan 25 11:18 PM
Buy Canara Bank; target of Rs 385: Emkay Global Financial
Buy Canara Bank; target of Rs 385: Emkay Global Financial
Emkay Global Financial is bullish on Canara Bank has recommended buy rating on the stock with a target price of Rs 385 in its research report dated January 23, 2023.
Moneycontrol
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Reputation: 30,347  •  Jan 25 5:56 PM
Buy Canara Bank, target price Rs 355:  JM Financial
Buy Canara Bank, target price Rs 355: JM Financial
Canara Bank, incorporated in the year 1906, is a banking company (having a market cap of Rs 55993.13 Crore).
The Economic Times
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Reputation: 30,347  •  Jan 25 4:01 PM
Maruti may give 20-22% return in next two years: Hemang Jani
Maruti may give 20-22% return in next two years: Hemang Jani
When it comes to banks, we are dealing with the problem of plenty. What is happening is that most of the banks are delivering good numbers and the issue is because of the over ownership.
The Economic Times
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Reputation: 30,347  •  Jan 25 3:48 AM
Buy Canara Bank; target of Rs 410: Motilal Oswal
Buy Canara Bank; target of Rs 410: Motilal Oswal
Motilal Oswal is bullish on Canara Bank recommended buy rating on the stock with a target price of Rs 410 in its research report dated January 23, 2023.
Moneycontrol
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Reputation: 30,347  •  Jan 24 4:21 PM
Buy Canara Bank, target price Rs 410:  Motilal Oswal Financial Services
Buy Canara Bank, target price Rs 410: Motilal Oswal Financial Services
The brokerage estimates an RoA/RoE of 1.1%/17.5% for FY25.
The Economic Times
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Reputation: 30,347  •  Jan 23 9:51 PM
Canara Bank posts 92% YoY rise in profit in Q3
Canara Bank posts 92% YoY rise in profit in Q3
The net profit stood at Rs 2882 crore against Rs 1502 crore in the year ago period. Operating profit saw a relatively modest 20% rise at Rs 6952 crore.Its net interest margin for the quarter improved to 3.05% against 2.83% in the year-ago quarter. Net interest income at Rs 8600 crore was 24% higher year-on-year.
The Economic Times
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Reputation: 30,347  •  Jan 23 9:28 PM
Canara Bank Q3 net profit jumps 92% on higher net interest income
Canara Bank Q3 net profit jumps 92% on higher net interest income
The bank's net profit was Rs 2881.52 crore, compared to Rs 1502.12 crore in the same quarter the previous year.
Moneycontrol
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Reputation: 30,347  •  Jan 23 7:08 PM
Canara Bank net profit jumps 92% on higher net interest income
Canara Bank net profit jumps 92% on higher net interest income
The bank's net profit was Rs 2881.52 crore, compared to Rs 1502.12 crore in the same quarter the previous year.
Moneycontrol
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Reputation: 30,347  •  Jan 23 6:11 PM
Canara Bank Q3 profit surges 92% to Rs 2,882 crore
Canara Bank Q3 profit surges 92% to Rs 2,882 crore
Total income increased to Rs 26,218 crore in the quarter from Rs 21,312 crore in the year-ago period, the state-owned bank said in a regulatory filing.
The Economic Times
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Reputation: 30,347  •  Jan 20 3:08 PM
Moody's takes positive rating actions on 4 Indian PSU banks
Moody's takes positive rating actions on 4 Indian PSU banks
Outlooks on the long-term ratings of all four banks remain stable.
Moneycontrol
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Reputation: 30,347  •  Jan 17 5:51 PM
Rekha Jhunjhunwala picks 2% stake in smallcap pharma stock
Rekha Jhunjhunwala picks 2% stake in smallcap pharma stock
Sun Pharma Advanced Research Company (SPARC) is a clinical-stage bio-pharmaceutical company focused on continuously improving standards of care for patients globally, through innovation in therapeutics and delivery. SPARC was formed in 2007 following its demerger from Sun Pharma, a global leader in speciality generics.
The Economic Times
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Reputation: 30,347  •  Jan 17 11:56 AM
'Top PSBs on track to normalise earnings by FY25'
'Top PSBs on track to normalise earnings by FY25'
"Overall, we forecast top seven PSBs under our coverage to report a profit after tax of ₹1.3 lakh crore in FY25 versus a loss of ₹59,400 crore in FY18. Thus, we expect 29% earnings compounded annual growth over FY22-25 and estimate these PSBs' RoA/RoE to improve to 0.9%/14.2% in FY25, respectively," the brokerage said in a report.
The Economic Times
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Reputation: 30,347  •  Jan 17 11:46 AM
RHFL Resolution: SC seeks Sebi, lenders' response on 2 appeals
RHFL Resolution: SC seeks Sebi, lenders' response on 2 appeals
AII and RHFL had filed separate but identical appeals seeking the go-ahead for the former's resolution plan to take over the company in June 2021. The offer translates into a 74% haircut on RHFL's total dues of ₹11,541.44 crore.
The Economic Times
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Reputation: 30,347  •  Jan 16 11:51 PM
Motilal Oswal picks 3 PSU bank stocks as valuations remain inexpensive
Motilal Oswal picks 3 PSU bank stocks as valuations remain inexpensive
Public Sector Banks (PSBs) have come a long way over the past five years with profitability of top 7 PSBs under our coverage improving to an estimated Rs 909 billion in FY23 from a loss of Rs 594 billion in FY18. We estimate earnings traction to sustain aided by improved loan growth, margins and controlled credit costs," the brokerage said.
The Economic Times
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Reputation: 30,347  •  Jan 14 11:16 PM
This market expert is upbeat about cement and banking stocks for next week
This market expert is upbeat about cement and banking stocks for next week
The stock has managed to give a breakout of the last two trading sessions corrective moves. Looking at the overall setup, we are bullish on Canara Bank and we expect that this upward momentum is likely to continue towards the Rs 335-340 zone. So, Canara Bank is a ‘buy with a stop loss of Rs 318.
The Economic Times
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Reputation: 30,347  •  Jan 13 9:56 PM
Rekha Jhunjhunwala adds stake in this Tata group multibagger in Q3
Rekha Jhunjhunwala adds stake in this Tata group multibagger in Q3
This amounts to a 0.18% increase in holding by the investor as in the previous quarter, she held a 1.61% stake or 45,75,687 equity shares in the cellular and fixed-line services provider.The latest corporate shareholdings filed suggest that Rekha Jhunjhunwala publicly holds 20 stocks with an estimated net worth of over Rs 12,171.6 crore.
The Economic Times
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Reputation: 30,347  •  Jan 12 4:36 PM
Right time for long-term investors to pick up IT names: Rahul Shah
Right time for long-term investors to pick up IT names: Rahul Shah
​IT index is down more than 25%. So I feel that post TCS results one thing was very clear that it looks like that IT has made a bottom. I think obviously we need to look into most of the others earnings as well to get a clearer picture.
The Economic Times
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Reputation: 30,347  •  Jan 12 12:21 PM
SBI to sell its Rs 700-cr Visa Steel loan account
SBI to sell its Rs 700-cr Visa Steel loan account
SBI's offer to sell this account comes even as the Orissa High Court, for the second time, stayed initiation of the insolvency process against Visa after the Cuttack bench of the National Company Law Tribunal (NCLT) had admitted the borrower for commencement of bankruptcy proceedings, acting on a plea by Punjab National Bank (PNB) late November.
The Economic Times
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Reputation: 30,347  •  Jan 11 4:16 PM
Scope for 7-10% uptick in Tata Motors from current levels: Hemang Jani
Scope for 7-10% uptick in Tata Motors from current levels: Hemang Jani
I think having some sort of a cap on what sort of exposure you are taking when it comes to PSUs would definitely be advisable. This is because when you are going through a turbulent time and 2023 right from the beginning looks like it is going to be a difficult year to navigate, we have to remember that what kind of exposure in which kind of sectors and stocks you are taking exposure. That becomes very crucial so we would avoid high beta low quality names when it comes to this year.
The Economic Times
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Reputation: 30,347  •  Jan 11 3:21 AM
Ahead of Market: 10 things that will decide D-St action on Wednesday
Ahead of Market: 10 things that will decide D-St action on Wednesday
Global bourses reversed their recent gains as Fed officials stated that policymakers would raise the rate beyond 5% and hold on for a while. Sentiments in the domestic market were further dampened by the muted start to the IT earnings season, along with their cautious commentary on the demand environment
The Economic Times
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Reputation: 30,347  •  Jan 11 12:41 AM
Jhunjhunwala family increases stake in this smallcap
Jhunjhunwala family increases stake in this smallcap
Rekha Jhunjhunwala, as per the latest corporate shareholdings filed, publicly holds 19 stocks with an estimated net worth of over Rs. 11,866.8 crore. Some of the top holdings of the investor include Aptech, Crisil, Indian Hotels and Jubilant Pharmova and Fortis.
The Economic Times
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Reputation: 30,347  •  Jan 10 3:01 PM
Vinit Bolinjkar on 3 PSU banks one should stick with now
Vinit Bolinjkar on 3 PSU banks one should stick with now
"Where there is uncertainty, the best thing is not to step into those muddled waters. The Indian economy has got substantial leverage plays which can really pan out across the length and breadth of the country and across the spectrum of sectoral allocations. I believe one should keep a close tab on this segment but not to venture until the scenario clears completely."
The Economic Times
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Reputation: 30,347  •  Jan 9 7:06 PM
Jhunjhunwalas raise stake in this PSU stock that gave index-beating returns in 2022
Jhunjhunwalas raise stake in this PSU stock that gave index-beating returns in 2022
The reviving credit growth, better margin prospects, lower FPI ownership, lower imminent risk of a rise in credit costs, and the large valuation discount makes public sector bank stocks a preferred bet for Credit Suisse over private banks.
The Economic Times
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Hemant Bhushan-display-image
Reputation: 256  •  Jan 6 5:58 PM

10 year old pattern breakout in canara bank #CANBK

Time-frame = 1 month and 1 week
stoploss - 288 (10% )
target - minimum 20%

As it is a monthly pattern breakout so this trade can take months or years too .
So keep in mind it might not give tarket within weeks , so be prepa......read more
Chartbusters - chart - 21947766
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Reputation: 30,347  •  Jan 6 2:51 PM
Should you put fresh money to work at these levels?  Neeraj Dewan answers
Should you put fresh money to work at these levels? Neeraj Dewan answers
"I want to basically create a portfolio which will have stocks like L&T, NCC in the infrastructure or maybe IndusInd Bank, Canara Bank and even HDFC Bank in the banking space. There can be some soft commodities or food companies like Daawat and metal companies like Vedanta. I would want a little balanced portfolio for this year "
The Economic Times
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Shashwat Jain-display-image
Reputation: 2,157  •  Jan 4 10:23 PM

Evening Star in #CANBK

Time Frame = 1day
Chartbusters - chart - 21599363
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Reputation: 30,347  •  Jan 3 3:11 PM
Cinderella time! Will PSU bank stocks be first to be hit by midnight’s curse?
Cinderella time! Will PSU bank stocks be first to be hit by midnight’s curse?
Dalal Street trader and investor Vivek Bajaj, who runs StockEdge, says credit will slow down when interest rates go up to obnoxious levels. "PSU banks, being the most inefficient segment of the banking sector, will definitely see corrections. But efficiently managed banks like SBI and Bank of Baroda will continue to outperform other PSU banks," he said.
The Economic Times
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Reputation: 30,347  •  Jan 3 2:51 PM
ETMarkets Fund Manager Talk: Banking, EV, defence among 6 themes this smallcase manager sees playing out in 2023
ETMarkets Fund Manager Talk: Banking, EV, defence among 6 themes this smallcase manager sees playing out in 2023
These smallcases have managed to beat their benchmarks. Despite inherent underperformance in the smallcap space, the volatility for such smallcases were much lower than the markets.
The Economic Times
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Shashwat Jain-display-image
Reputation: 2,157  •  Jan 3 1:39 AM

Trendline Breakout in #CANBK
Time Frame = 1 day
Chartbusters - chart - 21214701
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Reputation: 30,347  •  Jan 2 5:26 PM
Buy Canara Bank, target price Rs 375:  Axis Securities
Buy Canara Bank, target price Rs 375: Axis Securities
Canara Bank, incorporated in the year 1906, is a banking company (having a market cap of Rs 60809.65 Crore).
The Economic Times
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Reputation: 30,347  •  Jan 2 4:31 PM
Share market update: Most active stocks of the day in terms of total traded value
Share market update: Most active stocks of the day in terms of total traded value
The NSE Nifty index was trading 75.6 points up at 18180.9
The Economic Times
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Reputation: 30,347  •  Jan 2 3:16 PM
9 short-term trading ideas by experts for January 2023 series with 6-17% upside
9 short-term trading ideas by experts for January 2023 series with 6-17% upside
The next big resistance for the index is placed at around 18,400. Budget 2023, rise in Covid cases, FII flows as well as earnings season will guide markets in the near term, suggest experts.
The Economic Times
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Reputation: 30,347  •  Jan 2 2:23 PM
Top 10 trading ideas for January series as traders may bet big on 19,000 again
Top 10 trading ideas for January series as traders may bet big on 19,000 again
On the Options front, we have maximum Call Open interest at 19,000 strike, which is Out-Of-Money (OTM) indicating the traders are betting big on 19,000 mark again. Whereas on the Put side, the maximum open interest was at 18,000 strike, suggesting crucial support area for the Nifty in January series
Moneycontrol
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Reputation: 30,347  •  Jan 2 11:56 AM
Tech indicators hint weakness is not yet over: Analysts
Tech indicators hint weakness is not yet over: Analysts
​On the downside, Nifty has immediate support at 17,950; breaking below will see a test of the recent low of 17,774 which will act as support. Indias VIX has come down to 14.87. VIX below 15 levels will support the market, and any rise will keep the markets under pressure.
The Economic Times
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Index Option-display-image
Reputation: 6,506  •  Jan 2 2:34 AM
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Reputation: 30,347  •  Jan 1 9:31 PM
Ahead of Market: 10 things that will decide D-Street action on Monday
Ahead of Market: 10 things that will decide D-Street action on Monday
"The benchmark Nifty recovered smartly during the week, pairing more than 50% of the previous week's loss. The index has formed a bullish harami pattern on the weekly chart, suggesting a bullish reversal. Besides, the index has closed above its 50-week exponential moving average.
The Economic Times
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Reputation: 30,347  •  Dec 31, 2022 5:51 PM
Pre Budget rally on cards! Axis Bank, Canara Bank top ideas for January 2023 series: Rupak De
Pre Budget rally on cards! Axis Bank, Canara Bank top ideas for January 2023 series: Rupak De
BFSI, metal, and auto stocks helped the market recover during the week. Buying from domestic institutions and retail, combined with a lack of large ticket sales by FIIs in the last week of the year, resulted in a significant price recovery.
The Economic Times
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Aziz-display-image
Reputation: 8,150  •  Dec 31, 2022 4:38 AM

📊 चलो दोस्तो आज आपको एक और नया स्टॉक बताते है ✅
⭐केनरा बैंक ने अपना 52 week high बना लिया है
👉अभी आज तो इसमें इतनी तेज़ी आई हैं उसका कारण है इसने अपना retest जो किया था उसका h h मतलब higher high तोड़ा है।
साथ ही वीकली चार्ट में इसने fab lvl .50 का भी रिजेक्शन दिया है व......read more
Chartbusters - chart - 21043911
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Reputation: 30,347  •  Dec 30, 2022 10:46 PM
Share market update: Most active stocks of the day in terms of traded value
Share market update: Most active stocks of the day in terms of traded value
The NSE Nifty index closed 85.7 points down at 18105.3
The Economic Times
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Reputation: 30,347  •  Dec 30, 2022 5:41 PM
Do not be a Rambo thinking your stocks will go up even if the markets fall: Basant Maheshwari
Do not be a Rambo thinking your stocks will go up even if the markets fall: Basant Maheshwari
"We have been holding IT for the last several months. They have not been moving up and down. In IT, it is all about the Nasdaq. If the Nasdaq bottoms, IT will bottom; if the Nasdaq does not bottom, IT will again struggle. The Nasdaq is all about interest rates. If the Fed comes and stops the interest rate hikes, they will do well."
The Economic Times
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SureStockLevel-display-image
Reputation: 2,244  •  Dec 30, 2022 1:52 PM

#CANBK keep eye above 331 ready for new high
Chartbusters - 20876831
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Reputation: 30,347  •  Dec 29, 2022 5:01 PM
Jhunjhunwalas’ portfolio value doubled in 2 years! Here's how much RJ & Co made in 2022
Jhunjhunwalas’ portfolio value doubled in 2 years! Here's how much RJ & Co made in 2022
He is survived by his wife, Rekha Jhunjhunwala, and three children. Rekha has been an investor in several RJ companies, and the Jhunjhunwala portfolio value includes the value of Rekhas holdings as well.
The Economic Times
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Reputation: 30,347  •  Dec 29, 2022 3:21 PM
Gurmeet Chadha on why betting on midcap banks & NBFCs makes sense
Gurmeet Chadha on why betting on midcap banks & NBFCs makes sense
“We also like some industrials and manufacturing plays in the midcap space, in defence, in textiles and partially in industrial gases. We track this very closely and we are also tracking some NBFCs which have been a little out of favour because the market believes that the cost of borrowing for NBFCs is up and banks have an advantage but there are some NBFCs like Poonawalla where we are seeing the cost of borrowings drop by almost 2.5%.”
The Economic Times
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