Current price is less than the intrinsic value

Intrinsic Value

Stock has not been able to generate better return on equity than bank FD

ROE vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

Canara Bank is quoting at Rs 231.8, up 2.79% on the day as on 12:49 IST on the NSE. The stock is up 48.88% in last one year as compared to a 8% gain in NIFTY and a 20.35% gain in the Nifty Pharma index.

Canara Bank soars 2.79%

“Financials is one sector which we have been very positive on and there should be a good rally from here onwards. There is still some steam left in the PSU banks as well as private sector large banks like ICICI, HDFC Bank and PSU banks like Bank of Baroda and Canara Bank.”

A lot of money can be made in financial stocks; 4 stocks to bet on: Rahul Shah

After the Reserve Bank of India (RBI) increased the repo rate by 50 bps at the August MPC meeting, Canara Bank boosted the interest rates on term or fixed deposits for balances under Rs 2 crore.

Canara Bank hikes FD interest rates: Now earn up to 6% on this tenure

After the RBI’s Monetary Policy Committee (MPC) in its latest policy review hiked the repo rate by 50 basis points (bps) to control inflation, ICICI Bank, PNB, Bank of Baroda, Canara Bank have raised their lending rates; lenders have been raising interest rates on both deposits and loans to pass on …

ICICI Bank, PNB, Bank of Baroda, Canara Bank Raise Loan Rates

Canara bank on its website has announced a hike in the repo-linked lending rate. A hike of 50 basis points has been done in the lending rate. This hike will make the home loan EMIs costlier. The announcement has come after RBI hiked the key policy rates in the August monetary policy meet review.

Canara Bank increases home loan interest rates

Canara Bank में जानें निवेश को लेकर क्या है Experts की राय. जानें किन Levels पर करना चाहिए आपको खरीदारी और क्या हैै Target Price, देखें वीडियो और जानें.

#cnbcawaaz #canarabank #canarabanksharenews #cnbcawaazlive #businessnewslive  #aajkatajakhabar  #stockmarketlive  #sharemarketlive 

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Canara Bank Share News: Stock में Trend है Positive, अभी भी खरीदारी का है मौका? | CNBC Awaaz

Emkay Global Financial is bullish on Canara Bank has recommended buy rating on the stock with a target price of Rs 282 in its research report dated July 25, 2022.

Buy Canara Bank; target of Rs 282: Emkay Global Financial

Karur Vysya Bank and Canara Bank are two stocks in Rakesh Jhunjhunwala’s portfolio that the brokerage Emkay Global is bullish on.

Rakesh Jhunjhunwala portfolio: Emkay Global says to buy these 2 banking stocks

ब्रोकरेज हाउसेस ने कुछ स्‍टॉक्‍स पर अपनी रेटिंग जारी की है और कुछ शेयरों के टारगेट में बदलाव किया है. इन स्‍टॉक्‍स में Canara Bank और ultratech cement शामिल हैं.

#CanaraBank  #UltraTechCement #ZeeBusiness


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Canara Bank और UltraTech Cement के शेयर में क्या करें ? खरीदें या बेचें, जानिए ब्रोकरेज की राय

Stocks in news: Axis Bank, Tata Steel, Canara Bank, GlaxoSmithKline Pharmaceuticals, Macrotech Developers, Bajaj Finserv and more

Stocks in news: Axis Bank, Tata Steel, Canara Bank, Bajaj Finserv and more

Canara Bank Q1 Review - Treasury Gains Drive PAT; Growth Led By Corporate Book: Dolat Capital

Canara Bank Ltd. is a banking company. The Bank's segments include Treasury Operations, Retail Banking Operations, Wholesale Banking Operations and Other Banking Operations.

Canara Bank Ltd

Canara Bank Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Canara Bank soars 2.79%

A lot of money can be made in financial stocks; 4 stocks to bet on: Rahul Shah

Canara Bank hikes FD interest rates: Now earn up to 6% on this tenure

ICICI Bank, PNB, Bank of Baroda, Canara Bank Raise Loan Rates

Canara Bank increases home loan interest rates

News Video

Canara Bank Share News: Stock में Trend है Positive, अभी भी खरीदारी का है मौका? | CNBC Awaaz

Buy Canara Bank; target of Rs 282: Emkay Global Financial

Rakesh Jhunjhunwala portfolio: Emkay Global says to buy these 2 banking stocks

News Video

Canara Bank और UltraTech Cement के शेयर में क्या करें ? खरीदें या बेचें, जानिए ब्रोकरेज की राय

Stocks in news: Axis Bank, Tata Steel, Canara Bank, Bajaj Finserv and more

Canara Bank Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Canara Bank soars 2.79%

A lot of money can be made in financial stocks; 4 stocks to bet on: Rahul Shah

Canara Bank hikes FD interest rates: Now earn up to 6% on this tenure

ICICI Bank, PNB, Bank of Baroda, Canara Bank Raise Loan Rates

Canara Bank increases home loan interest rates

News Video

Canara Bank Share News: Stock में Trend है Positive, अभी भी खरीदारी का है मौका? | CNBC Awaaz

Buy Canara Bank; target of Rs 282: Emkay Global Financial

Rakesh Jhunjhunwala portfolio: Emkay Global says to buy these 2 banking stocks

News Video

Canara Bank और UltraTech Cement के शेयर में क्या करें ? खरीदें या बेचें, जानिए ब्रोकरेज की राय

Stocks in news: Axis Bank, Tata Steel, Canara Bank, Bajaj Finserv and more

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock