Canara Bank inches up on planning to raise foreign currency funds
Canara Bank is currently trading at Rs. 126.85, up by 0.60 points or 0.48% from its previous closing of Rs. 126.25 on the BSE.
The scrip opened at Rs. 127.05 and has touched a high and low of Rs. 127.10 and Rs. 126.00 respectively. So far 104378 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 162.90 on 26-Feb-2026 and a 52 week low of Rs. 104.00 on 01-Sep-2025.
Last one week high and low of the scrip stood at Rs. 131.30 and Rs. 125.05 respectively. The current market cap of the company is Rs. 114834.44 crore.
The promoters holding in the company stood at 62.93%, while Institutions and Non-Institutions held 24.59% and 12.48% respectively.
Canara Bank is planning to raise foreign currency funds through issuance of Senior Unsecured Foreign Currency Bonds / Medium Term Note (MTN) Bonds under the existing MTN Programme. The Board Meeting of the Bank is scheduled to be held on September 3, 2026, inter-alia, to consider and approve the same.
