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CANARA BANK109.95 4.20 (3.97%)

  • BSE: 532386
  • |
  • NSE: CANBK
  • |
  • ISIN NO: INE476A01014
  • |
  • INDUSTRY: Banks
Profile

CANBK

Canara Bank or CANBK

It provides various aspects and services to its corporate clients such as Cash Management Services, loans, IPO monitoring services, etc. NRI Banking– Besides different personal banking products, it also offers remittance services, consultancy services to its NRI Clients. It also provides various products and services to both the priority as well as the SME sector. The particular Bank has gone through various phases of its growth trajectory over ... a hundred years of its existence. And the growth of Canara Bank was phenomenal, especially after the time of nationalization in the year 1969, it attained the status of a national level player in terms of both the geographical reach and clientele segments. The business diversification for the Bank characterized the Eighties. Soon in June 2006, the Bank completed a century of operation in the Indian banking industry. Several significant milestones have marked the eventful journey of the Bank. Currently, the Canara Bank occupies a premier position among the comity of all the Indian banks. Over the years, it has been scaling up its market position to emerge as a significant 'Financial Conglomerate' with as many as approximately nine subsidiaries or sponsored institutions or joint ventures in India and abroad. As of June 2011, it has further expanded its domestic presence with nearly 3273 branches spread across the globe. And keeping the customer convenience as a priority, the Bank also provides a wide range of alternative delivery channels which includes 2509 ATMs, covering 846 centers. Along with 100% CBS, this particular Bank also offers technology banking with facilities such as Internet Banking, Mobile Banking and Funds Transfer via NEFT and RTGS across all of its branches. It has further enhanced its basket of new tech–products for the customer convenience such as Canara Gift Cards, Canara Platinum Card, Canara Campus Card, Cash withdrawal at Point of Sale (PoS) machines at Merchant Establishments, Bills Desk for utility bills payment, VISA money transfer and the ASBA also known as Application Supported by Blocked Amount facility during FY11.

Types of Businesses:

  1. Personal Banking– It offers various facilities and a wide range of products and services which include saving accounts, deposits, loans, Insurance, mutual funds, internet banking, debit card, credit card, and so much more.
  2. Corporate Banking– In this business, it provides various facilities to its corporate clients, which include Cash Management Services, loans, IPO monitoring services, and so much more.
  3. NRI Banking– It includes personal banking products but also offers remittance services and consultancy services to its NRI Clients. It also provides various products and facilities to the priority and SME sector.

Subsidiaries:

  1. Canara Robeco Asset Management Company
  2. Canbank Financial Services
  3. Canara Bank Securities
  4. Canbank Computer Services
  5. Can Fin Homes
  6. Canbank Factors
  7. Canbank Venture Capital Fund

The Milestones:

  1. 2007–08: It launched a New Brand Identity and incorporation of Insurance and Asset Management JVs
  2. 2005–06: It launched an 'Online Trading' portal, a 'Call Centre' and Switchover to Basel II New Capital Adequacy Framework
  3. 2008–09: The Bank crossed the coveted 3 lakh crore in aggregate business, and the Bank's 3rd foreign branch at Shanghai commissioned
  4. 2009–10: The Bank's aggregate business crossed 4 lakh crore mark. And the net profit of the Bank passed 3000, and the Bank's branch network crossed the 3000 mark.

Awards:

  1. 2013–14:
  • Global CSR Excellence and Leadership Awards 2014 from CSR World Congress.
  • Best Home Loan Provider Award from Outlook Money for 2013.
  • "Finger Print based Biometric Authorization for CBS" declared as the winner for secure IT 2014 award.
  • The Bank's Desktop Management System project awarded amongst India's Best –2013 in the 33rd SKOCH Summit.
  1. 2012-13:
  • Best Bank Award among large banks by IDRBT for "Use of Technology for Financial Inclusion" handed over by RBI Governor Dr. D Subbarao.
  • Skoch Award for Financial Inclusion handed over by Dr. C Rangarajan, Chairman, and PMEAC.
  • 1st Rank for Self Helps Groups Linkage for the year 2011–12 in the State of Bihar.
  1. 2011-12:
  • Silver Award for Corporate Advertisement – Single Language
  • Bronze Award for Annual Report
  • Bronze Award for Corporate Brochure on CSR activities
  • Bronze Award for Corporate Single Advertisement – English
  • Bronze Award for Shreyas In–house Magazine – English

Read More
Key Data
  • Market cap 13212.00 CR.
  • Book value 270.33
  • Stock P/E 0
  • Dividend Yield 0.00%
  • ROCE 4.92%
  • ROE -5.92%
  • Sales Growth (3Y) 5.74%
  • Face Value (3Y) 10.00
Trend Analysis
  • Short Term Trend :
    Up
  • Medium Term Trend :
    Up
  • Long Term Trend :
    Not Clear

Are you friends with trend?

There is a saying in stock market, "Trend is your best friend"

It means, a good trader doesn't place his money against the trend. Many new traders lose money because they are trying to catch trend reversals but seasoned traders wait for a clear trend to emerge before taking the trade in the direction of trend.

Day Technicals

What is Opening Range Breakout?

An opening range breakout is breaking out of the day's range after a stock has moved for some time in a sideways trend. In technical terms, its a breakout from the support and resistance level in an upward or downward trend.

NR7

What is NR7 trading strategy?

Narrow Range trading strategy or NR7 Trading strategy is a breakout based method which assumes that the price of security trends up or down after a brief consolidation in a narrow range.

Opening Price clues

How to use Opening Price Clues in your trades?

If the stock has same open and high after it has traded for some time, it implies there was a consistent selling pressure that didn't allow the stock to move higher from the opening price. Similarly, if the stock has same open and low price, it implies there was a consistent buying intent that kept the stock price above the opening price.

Day High Low Range
TIME LOWEST HIGHEST
10 AM 106.50 111.75
11 AM 106.50 114.40
12 PM 106.50 114.40
1 PM 106.50 114.40
2 PM 106.50 114.40
3 PM 106.50 114.40
Japanese Candlestick Patterns
Candle Pattern 1 :None
Candle Pattern 2 : None
Candle Pattern 3 :None
Candlestick Price Action
Higher High Higher Low
Pivot Points
Name S4 S3 S2 S1 Pivot Points R1 R2 R3 R4
classic 87.42 93.87 100.32 103.03 106.77 109.48 113.22 119.67 126.12
woodie's 93.82 100.27 102.16 106.72 108.61 113.18 115.06 119.62 126.08
fibonacci - 100.32 102.78 104.30 106.77 109.23 110.75 113.22 -
camarilla 102.20 103.98 104.57 105.16 -- 106.34 106.93 107.52 109.30
Past Performance & Moving Averages
Day’s LOW HIGH RANGE SMA PERFORMANCE Nifty
10 DAY 92.15
110.55
98.40 14.14 % 2.25 %
20 DAY 86.80
110.55
95.24 17.11 % 4.01 %
50 DAY 82.25
110.55
91.46 20.58 % 10.93 %
100 DAY 82.25
119.45
97.04 1.29 % 14.80 %
200 DAY 73.65
189.75
100.71 38.24 % 48.91 %
YTD 73.65
229.80
115.05 -51.89 % 7.80 %
52 Week 73.65
296.55
154.95 -51.10 % 9.87 %

Why are moving Averages important in technical Analysis?

An opening range breakout is breaking out of the day's range after a stock has moved for some time in a sideways trend. In technical terms, its a breakout from the support and resistance level in an upward or downward trend.

Gaps On Day Chart
Unfilled Gap Up On 2020-11-17
91.80 ~ 91.70 SUPPORT
Unfilled Gap Down On 2020-03-06
132.70 ~ 133.95 RESISTANCE
Unfilled Gap Down On 2020-02-28
150.70 ~ 154.25 RESISTANCE
Unfilled Gap Down On 2020-01-27
217.15 ~ 217.50 RESISTANCE
Industry Growth Rate

In Last 1 Year the industry has grown by 14.86 %

In Last 5 Year the industry has grown by 8.71 %

Peer comparison

Sales

COMPANY NAME201420152016201720182019
CANBK39570.0043813.0044039.0041457.0041345.0046897.00
SBIN189062.00207974.00220633.00230447.00228970.00253322.00
ICICIBANK49479.0054964.0059294.0060940.0062162.0071982.00
HDFCBANK42555.0050666.0063162.0073271.0085288.00105161.00
AXISBANK30736.0035727.0041409.0045175.0046614.0056044.00
Total 70280.40 78628.80 85707.40 90258.00 92875.80 106681.20

Financial

LAST FISCAL CURRENT GROWTH 10 YEAR CAGR
S.NO. COMPANY NAME MARKET CAP CMP BOOK VALUE EPS STOCK P/E ROE GNPA REVENUE NET PROFIT NPM REVENUE NET PROFIT REVENUE NET PROFIT
1 HDFC Bank Ltd 770945.32 1406.95 272.34 41.00 30.37 40.98 105161.00 22332.00 21.24% 23.30% 20.65% 20.48% 25.80%
2 ICICI BANK LTD. 310993.12 480.45 167.47 6.60 81.68 3.30 71982.00 4254.00 5.91% 15.80% 7.10% 1.75%
3 KOTAK MAHINDRA BANK LTD. 346648.04 1813.40 224.42 37.74 44.78 4.95 1.94% 29935.00 7204.00 24.07% 19.12% 16.17% 21.23% 27.15%
4 STATE BANK OF INDIA 220259.08 246.80 247.53 2.58 120.54 2.58 253322.00 2300.00 0.91% 10.64% 10.70%
5 AXIS BANK LTD. 171539.86 608.25 236.40 19.59 36.96 9.80 56044.00 5039.00 8.99% 20.23% 1005.04% 17.87% 10.76%
6 INDUSIND BANK LTD. 62175.90 896.70 384.70 54.77 23.24 5.47 2.10% 22261.00 3301.00 14.83% 28.82%
7 Bandhan Bank Ltd 59974.45 372.40 69.57
8 LAKSHMI VILAS BANK LTD. 26018.79 7.65 56.21
9 BANK OF BARODA 24997.08 54.10 99.43 4.15 21.24 2.08 52906.00 1100.00 2.08% 14.87% 13.03%
10 PUNJAB NATIONAL BANK 22894.47 33.95 66.47 52147.00 7.02% 10.18%
11 Dhanlaxmi Bank Limited 25247.98 9.93 30.08
12 IDBI BANK LTD. 39550.58 38.10 36.23 22102.00 6.62%
13 AU Small Finance Bank Ltd 26913.06 886.00 65.83
14 BANK OF INDIA 15544.72 47.40 127.20 41005.00 7.03% 9.59%
15 IDFC First Bank Ltd 17646.97 36.80 37.92 12204.00 34.14%
16 CANARA BANK 10883.65 105.70 351.16 7.99 23.03 0.80 8.87% 46897.00 602.00 1.28% 13.43% 10.60%
17 FEDERAL BANK LTD. 12960.59 65.05 66.62 6.63 13.70 3.31 2.92% 11635.00 1316.00 11.31% 17.35% 40.75% 13.38% 10.80%
18 CITY UNION BANK LTD. 13360.28 181.45 65.79
19 UNION BANK OF INDIA 10063.29 29.40 77.38 34314.00 4.13%
20 RBL Bank Ltd 11469.51 225.55 148.46 20.10 15.81 2.01 6302.00 858.00 13.61% 38.17% 35.76%
Sales

What is Sales Trend ?

Sales trend is a methodology to understand sales results which helps in understanding the trends of the market over a specific period of time. Sales results are an indicative of the sales patterns followed by the customer over a time period.

Profitability

What is Profit & EPS Trend ?

EPS Trends was initially built in late 2015 when I was just getting into frontend development. Coming from a background in Rails, I was frustrated with how many decisions you had to make early on as a javascript developer.

Net Profit
EPS

What is EBITDA Margin & EBIT Margin ?

Corporate accounting is required to adhere to the standards and practices collectively referred to as the generally accepted accounting principles. EBITDA is an excellent way for corporate accountants to start compiling data, but it should not be considered an absolute result. This is due to the fact that many consider EBITDA more of a broad stroke than a definitive form of accounting practice.

EBITDA Margin
EBIT Margin
NPM
Cash Flow

Why is the Cash Flow Analysis important?

A business needs cash to pay its expenses, to pay bank loans, to pay taxes and to purchase new assets. A cash flow report determines whether a business has enough cash to do exactly this.

Operating Activities
Financing Activities
Investing Activities
Financial Health

What Is Financial Health?

Financial health is a term used to describe the state of one's personal monetary affairs. There are many dimensions to financial health, including the amount of savings you have, how much you’re putting away for retirement, and how much of your income you are spending on fixed or non-discretionary expenses.

Debt to Equity
Piotroski Score
  • 0
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9

What Is the Piotroski Score?

The Piotroski score is a discrete score between 0-9 that reflects nine criteria used to determine the strength of a firm's financial position.

Altman Z Score (Mfg Company)
  • Distress (< 1.81)
  • Caution (>1.81 < 2.99)
  • 27.38
    Safe (3 & above)
Altman Z Score (Non-Mfg Company)
  • Distress ( < 1.23)
  • Caution (>1.23 < 2.6)
  • 123.77
    Safe (2.6 & above)
Valuation

What Is Valuation?

Valuation is the analytical process of determining the current (or projected) worth of an asset or a company. There are many techniques used for doing a valuation. An analyst placing a value on a company looks at the business's management, the composition of its capital structure, the prospect of future earnings, and the market value of its assets, among other metrics.

CANBK: Future
TRADING SYMBOL OI VOLUME LAST PRICE LOT SIZE EXPIRY DATE
CANBK20DECFUT 31670000.00 51635000.00 110.10 5000 2020-12-31
CANBK21JANFUT 804600.00 1042200.00 111.35 5400 2021-01-28
CANBK21FEBFUT 59400.00 64800.00 113.40 5400 2021-02-25
ROLLOVER COST: 1.14% (INR 1.25)
ROLLOVER%:2.66%
What is the significance of Rollover data?

Rollover in an important data point and should be analyzed in the expiry week. Rollover involves carry forwarding of ‘futures’ positions from one series (which is nearing expiry date) to the next one.

Rollover percentage actually indicates whether the traders are willing to carry forward their existing. positions (long or short) to the next series or not. Generally, the rollover figures alone will not indicate which direction traders are betting on. You should also check whether absolute open interest is increasing or decreasing over expiries

What is Options Max Pain Theory?

Options Max Pain Theory suggests,

“On option expiration day, the underlying stock price often moves toward a point that brings maximum loss to option buyers.”

Ratio Analysis

The Bank was incorporated in the year 2004 by Rana Kapoor and Late Ashok Kapur, which is a new age private sector bank. And since the inception of the bank has fructified into a “Full-Service Commercial Bank,” it has steadily built Corporate and Institutional Banking, Financial Markets, Investment Banking, Corporate Finance, Branch Banking, Business and Transaction Banking, and Wealth Management business lines across the whole country.

It is well-equipped to offer a spectrum of products and services to all the corporate and retail customers.

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Bulk Deals
Symbol Name Deal Date Client Name Transcation Type Quantity Price
CANBK 2008-02-15 CITIGROUP GLOBAL MARKET M PVT LTD S 2450000.00 294.00
Block Deals
Symbol Name Deal Date Client Name Transcation Type Quantity Price
Dividend history
Ex Date Amount
2017-07-12 1.00
2015-06-25 10.50
2014-07-03 4.50
2014-01-24 6.50
2013-07-04 13.00
2012-06-14 11.00
2011-07-06 11.00
2010-06-14 10.00
2009-07-08 8.00
2008-06-10 8.00
Bonus Data
Company Name Split Date From Value To Value
Split Data
Company Name Split Date From Value To Value