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Canara Bank gains despite buzz of stake sale by EMS Free Equity Index Fund

28 Nov 2013 Evaluate

Canara Bank is currently trading at Rs. 242.45, up by 3.55 points or 1.49 % from its previous closing of Rs. 238.90 on the BSE.

The scrip opened at Rs. 241.50 and has touched a high and low of Rs. 242.90 and Rs. 238.70 respectively. So far 105462 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 550.00 on 14-Jan-2013 and a 52 week low of Rs. 189.90 on 28-Aug-2013.

Last one week high and low of the scrip stood at Rs. 251.10 and Rs. 230.10 respectively. The current market cap of the company is Rs. 10720.60 crore.

The promoters holding in the company stood at 67.72% while Institutions and Non-Institutions held 24.99% and 7.29% respectively.

Emerging Markets Sudan (EMS) Free Equity Index Fund has reportedly offloaded 23 lakh shares constituting 0.51% of Canara Bank through the open market route. The shares were sold on an average price of Rs 237.51 valuing the transaction to Rs 54.70 crore.

Canara bank has reported a fall of 5.29% in its net profit at Rs 625.94 crore for the quarter ended September 30, 2013 as compared to Rs 660.97 crore for the same quarter in the previous year. However, total income of the bank increased by 13.29% at Rs 10427.48 crore for quarter under review as compared to Rs 9203.61 crore for the quarter ended September 30, 2012.

Canara Bank Share Price

136.80 -3.30 (-2.36%)
13-Apr-2026 10:03 View Price Chart
Peers
Company Name CMP
SBI 1036.00
PNB 108.95
Canara Bank 136.80
Bank Of Baroda 269.70
Union Bank Of India 182.35
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