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Canara Bank is currently trading at Rs. 340.15, up by 3.80 points or 1.13% from its previous closing of Rs. 336.35 on the BSE.
The scrip opened at Rs. 335.00 and has touched a high and low of Rs. 341.55 and Rs. 332.95 respectively. So far 89066 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 498.00 on 09-Jun-2014 and a 52 week low of Rs. 332.05 on 26-May-2015.
Last one week high and low of the scrip stood at Rs. 361.80 and Rs. 332.05 respectively. The current market cap of the company is Rs. 17439.42 crore.
The promoters holding in the company stood at 69.91% while Institutions and Non-Institutions held 23.80% and 6.30% respectively.
Life Insurance Corporation (LIC), the country’s largest insurer, has raised stake in Canara Bank by about 7.7% through preferential allotment of shares. With acquisition of 4 crore shares for a consideration of Rs 1,520.32 crore, the stake of LIC in Canara Bank has gone up to 14.4%. Prior to this preferential allotment, LIC was holding 3.46 crore shares or 6.7% in Canara Bank.
The bank has posted a marginal rise of 0.35% in its net profit at Rs 612.96 crore for the quarter ended March 31, 2015 as compared to Rs 610.83 crore for the same quarter in the previous year. Total income of the bank has increased by 7.06% at Rs 12429.21 crore for quarter under review as compared to Rs 11609.72 crore for the quarter ended March 31, 2014.
For the year ended March 31, 2015, the bank has posted a rise of 10.85% in its net profit at Rs 2702.63 crore as compared to Rs 2438.19 crore for the same period in the previous year. Total income of the bank has increased by 11.09% at Rs 48300.29 crore for year under review as compared to Rs 43480.37 crore for the period ended March 31, 2014.
| Company Name | CMP |
|---|---|
| SBI | 834.10 |
| Bank Of Baroda | 270.50 |
| PNB | 129.50 |
| Canara Bank | 117.20 |
| Union Bank Of India | 159.90 |
| View more.. | |
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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