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The board approved stock split to improve liquidity of Canara Bank's shares and make them more accessible for retail investors

Canara Bank sets May 15 as record date for 1:5 stock split, shares rise 32% so far in 2024

The market turned volatile at 22,500 as it priced in the non-event. Once the index closes above 22,600, one can expect a march towards 22,700-22,800.

RBI MPC | Experts list top 10 rate-sensitive stocks as RBI keeps repo unchanged

Bajaj Finance extended uptrend for seventh consecutive session. With last Thursday's strong run, the stock firmly got back above all key moving averages and formed long bullish candlestick pattern on the daily timeframe with robust volumes.

What should investors do with Canara Bank, Bajaj Finance, Eicher Motors on Monday?

Canara Robeco Asset Management Company will be the fifth listed mutual fund house if it gets listed on the bourses.

Canara Bank to dilute 13% stake in Canara Robeco Asset Management through IPO

Expected time of completion for stock split is 2-3 months, said Canara Bank

Canara Bank Board approves split of each share into 5 shares

Considering the overall chart structure, there is an anticipation of short-term rangebound sentiments.

Hot Stocks | Pick Canara Bank, New India Assurance, Max Healthcare for 18-25% return

BEML formed long bullish candlestick pattern on the daily timeframe with above average volumes, while the stock traded well above all key moving averages. Further it has been in higher highs, higher lows formation since after October lows.

Trade Spotlight | How you should deal in Canara Bank, Eicher Motors, BEML today?

Motilal Oswal is bullish on Canara Bank recommended buy rating on the stock with a target price of Rs 570 in its research report dated January 24, 2024.

Buy Canara Bank; target of Rs 570: Motilal Oswal

Net Interest Income (NII) is expected to increase by 0.7 percent Y-o-Y (down 2.8 percent Q-o-Q) to Rs. 8,656.8 crore, according to Emkay.

Canara Bank Q3 Net Profit seen up 22.3% YoY to Rs. 3,524.5 cr: Emkay

The broader market outlook suggests a sell-on-rise strategy as long as the Nifty 50 stays below 21,650.

Hot Stocks | Bet on Kothari Products, Canara Bank for double-digit returns in short term

Canara Bank engages in the provision of commercial banking and financial services. It operates through the following segments: Treasury, Corporate or Wholesale Banking, Retail Banking, and Other Banking Business. The company was founded by Ammembal Subba Rao Pai on July 1, 1906 and is headquartered in Bangalore, India.

Volume	5.96M
52-Wk High	624.40
52-Wk Low	291.35

CANBK.NSE Canara Bank

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