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Canara Bank

CANBK | BSE

438.45

INR

3.05

0.70%

CANBK | BSE

About Canara Bank

Sector

Financial Services

Industry

Banks-Regional

Earnings date

30/09/2023

As of date

08/12/2023

Close

438.45

Open

435.45

High

440.45

Low

430.15

Canara Bank provides various banking products and services in India and internationally. It offers personal banking services such as savings and deposits comprising savings accounts current accounts recurring deposits fixed deposits unclaimed deposits deposit schemes for senior citizens and re-investment plans; loan products including housing home improvement vehicle site rent teachers gold mortgage housing-cum-solar consumer education rain water harvesting and other loans; life general and health insurance products; consultancy services which cover personal tax assistance and investment counselling estate and wills private and charitable trustee debenture and security trusteeship and attorney ship services; foreign exchange and international banking services; mutual funds; and safe deposit lockers depository safe custody and card services. The company also provides corporate banking products and services including accounts and deposits such as current fixed and recurring deposits; supply chain finance management; loans and advances comprising working capital finance term loans infrastructure financing and export finance; syndication services; IPO monitoring services; and merchant and commercial banking escrow bankers/ASBA underwriting and investment services. In addition it offers NRI banking products and services such as remittance facilities; loans and advances such as home home improvement vehicle rent mortgage and site loans; consultancy safe deposit lockers safe custody and attorney ship services; and investment and online trading facilities. Further the company provides internet micro small and medium enterprises banking services. The company was incorporated in 1906 and is headquartered in Bengaluru India.

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CANBK | BSE

Risk
24.6%
Sharpe
0.98
Luna's Score
67/100
Recommendation
Buy

Luna says (CANBK | BSE)

What's Working

Positive Momentum

Strong P/E, and PEG ratio indicator

Good Dividend Yield (2% <= Dividend Yield <= 8%)

Low Debt to Asset (< 0.2)

Value Stock (Price to Book < 3)

Strong Operating Margin (> 25%)

Strong Revenue Growth (> 10%)

What's not Working

Midcap (2B - 10B USD)

High Market Beta (> 0.8)

High Debt to Equity (> 0.75)

Volatility Signals

Bearish: Increased Volatility (6-month > 1-month volatility)

Risk Meter

10 days

22.0%

1 month

24.6%

3 months

32.7%

6 months

30.0%

Return

Fundamental Ratios

PE

5.35

Fwd. PE

0

Price to book

0.85

Debt to equity

0.95

Debt to assets

0.06

Ent. to EBITDA

0

Ent. to rev.

0

PEG

0

Other Fundamentals

EBITDA

0

MarketCap

795.60B

MarketCap(USD)

9.54B

Div. yield

2.92

Op. margin

38.19

Erngs. growth

40.40

Rev. growth

20.90

Ret. on equity

17.28

Short ratio

0

Short perc.

0

Market Sentiment (SMA and Price signals)

Short-term: Bullish (SMA10D > SMA1M)

Intermediate-term: Bullish (SMA1M > SMA3M)

Long-term: Bullish (SMA6M > SMA12M)

SMAs: Stock Price Trends

Range10D

51.80

Range1M

59.45

Range3M

105.50

Volumes: Market Activity

Rel. volume

0.63

Price X volume

113.77M

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