Canara Bank Share Price – NSE  / BSE

Banks, Mid Cap

The board of Canara Bank in its meeting held today on 02 June 2026 has approved the Capital Raising Plan of the Bank for the financial year 2026-27 amounting upto Rs.8,500 crore by way of Debt Instruments (Additional Tier I/Tier II Bonds).

Further, out of the above Capital Raising Plan, the Board of Directors of the Bank has approved the following:

• To raise Capital through Basel III Compliant Additional Tier I Bonds to the extent of Rs.4,500 crore during the FY 2026-27, subject to market conditions and necessary approvals.
• To raise Capital through Basel III Compliant Tier II Bonds to the extent of Rs.4,000 crore during the FY 2026-27, subject to market conditions and necessary approvals.

Canara Bank will hold a meeting of the Board of Directors of the Company on 2 June 2026.

Canara Bank gained for a fifth straight session today. The stock is quoting at Rs 132.55, up 3.37% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 1.01% on the day, quoting at 23958.55. The Sensex is at 76230.39, up 1.08%. Canara Bank has slipped around 5.67% in last one month.

Meanwhile, Nifty Bank index of which Canara Bank is a constituent, has slipped around 2.29% in last one month and is currently quoting at 54055.35, up 1.7% on the day. The volume in the stock stood at 187.34 lakh shares today, compared to the daily average of 237.88 lakh shares in last one month.

The benchmark May futures contract for the stock is quoting at Rs 132.63, up 3.24% on the day. Canara Bank is up 23.33% in last one year as compared to a 4.17% drop in NIFTY and a 1.08% drop in the Nifty Bank index.

The PE of the stock is 6.07 based on TTM earnings ending March 26.

Powered by Capital Market - Live News

Canara Bank announced that the 24th Annual General Meeting(AGM) of the bank will be held on 23 June 2026.