Canara Bank Share Price Target From 2024 to 2030: Investing in shares calls for informed selections primarily based on thorough research and professional assessment. If you are considering Canara Bank stocks, you are in the right place. This weblog will provide unique insights into the Canara Bank percent charge intention from 2024 to 2030. Our assessment is primarily based absolutely at the corporation’s growth, basic overall performance, and future opportunities, ensuring you have got were given the information you want to make a valid funding preference.
What Is Canara Bank?
Canara Bank is one of the oldest and biggest public place banks in India, set up in 1906. The financial institution gives a huge form of financial services and products, at the facet of personal banking, business enterprise banking, and investment banking, and has a substantial community of branches and ATMs all through the USA.
Overview of Canara Bank Share Price
Canara Bank operates inside the banking region, providing complete banking and monetary answers to human beings, businesses, and authorities entities. The monetary group has a robust presence in the Indian banking commercial enterprise employer and plays a vital function within the economic atmosphere.
- MARKET CAP: ₹95.19KCr
- OPEN: ₹105.11
- HIGH: ₹106.30
- LOW: ₹104.70
- P/E RATIO: 6.12
- DIVIDEND YIELD: 3.06%
- 52 WEEK HIGH: ₹128.90
- 52 WEEK LOW: ₹68.42
CANARA BANK SHARE PRICE RECENT GRAPH
Canara Bank Share Price Target (2024-2030)
Canara Bank stocks have validated regular increase over time. Here is a summary of the historic usual overall performance:
| YEAR | SHARE PRICE TARGET |
| 2024 | ₹150 |
| 2025 | ₹210 |
| 2026 | ₹290 |
| 2027 | ₹450 |
| 2028 | ₹570 |
| 2029 | ₹656 |
| 2030 | ₹740 |
How to Purchase Canara Bank Share Price
You can buy Canara Bank stocks through numerous shopping for and promoting systems, which includes Zerodha, Upstox, Groww, and Angel One.
Peer Companies For Canara Bank Share Price
Canara Bank competes with severa other banks within the economic area, which incorporates:
- State Bank of India
- Punjab National Bank
- Bank of Baroda
- ICICI Bank
Investor Types and Ratios For Canara Bank Share Price
Understanding the investor composition permits in assessing the stableness and growth potential of Canara Bank.
- Promoters: 62.93%
- Retail And Others: 13.96%
- Foreign Institutions: 11.91%
- Other Domestic Institutions: 7.71%
- Mutual Funds: 3.49%
Advantages and Disadvantages For Canara Bank Share Price
Advantages For Canara Bank Share Price:
- Extensive network of branches and ATMs.
- Strong government backing and help.
- Comprehensive style of banking and financial services.
Disadvantages For Canara Bank Share Price:
- Exposure to non-appearing belongings (NPAs).
- Intense opposition within the banking region.
FAQ For Canara Bank Share Price
Who is the proprietor of Canara Bank?
Canara Bank is a public location financial institution, majority-owned by means of the Government of India.
Should I spend money on Canara Bank Share right now?
Considering its steady boom, robust financials, and authorities backing, Canara Bank shares are a promising investment for the long time. However, customers want to maintain in mind the dangers associated with NPAs and opposition.
What is the destiny increase of Canara Bank?
Canara Bank is focused on growing its services, improving digital banking answers, and improving asset extremely good, indicating massive destiny boom potential.
Canara Bank is a sturdy player in the banking area, with strong economic health and promising destiny possibilities. Based on our expert assessment, Canara Bank shares are expected to perform nicely within the coming years. Investing in Canara Bank might be a clever drift for extended-term buyers.