On National Stock Exchange (NSE), Canara Bank quoted Rs 317.5, up 3.4%. The stock rallied 61.41% in 2021, compared with a 5.42% gain for the Nifty and a 71.08% gain for the Nifty Pharma index.

On December 28, Canara Bank is up for a third straight session. The stock is quoted at Rs 317.5, up 3.4%. The benchmark Nifty is up around 0.08%. The Sensex is at 60,963.67, up 0.06%. Canara Bank has lowered around 1.32% on November 2022.

Meanwhile, the Nifty Pharma index, of which Canara Bank is a constituent went down around 5.84% in November and is currently quoting at 4,225.7, up 1.57%. As of December 28, 2022, 92.91 lakh shares had traded in the stock, compared with the 109.08 lakh daily average for the previous month.

In the December futures contract, the benchmark for the stock is quoted at Rs 316.75, up 3.45%. The bank’s stock is up 61.41% in 2021 compared to a 5.42% gain in Nifty and a 71.08% gain in the Nifty Pharma index.

At the end of September 2022, the private equity of the stock was 6.45 based on TTM earnings.