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F-14/15, Orbit Mall, Civil Lines, Jaipur-302006 support@thetaxheaven.comCanara Bank Ltd is a leading public sector bank in India with a rich legacy that dates back to 1906. Headquartered in Bengaluru, it serves millions of customers through its widespread network, including both urban people and rural areas. In this blog, we will explore Canara Bank’s stock price performance, net profit growth, and share price forecast from 2025 to 2030. You’ll also find expert advice on investing in the Indian banking sector and understand Canara Bank’s future potential in the share market.
Let’s explore Canara Bank’s current market price, business performance, and most importantly, its future price target.
| Detail | Value |
|---|---|
| Open | ₹107.15 |
| Previous Close | ₹106.84 |
| Day's High | ₹107.99 |
| Day's Low | ₹106.41 |
| 52-Week High | ₹128.90 |
| 52-Week Low | ₹78.60 |
| Market Capitalization | ₹97,237 Crores |
| Beta (Volatility) | 1.57 |
| Face Value | ₹2 |
| All-Time High | ₹164.23 |
| All-Time Low | ₹8.14 |
Canara Bank Limited is one of the most trusted names in the public banking sector. It has evolved into a major national bank providing a wide range of services including retail banking, savings accounts, credit card facilities, and corporate solutions. With a strong presence in both rural areas and urban India, the bank plays a crucial role in driving financial inclusion and supporting the Indian economy.
Key Highlights:
Headquartered in Bengaluru
Offers financial products including credit cards and Canara HSBC Life Insurance
Strong asset quality and improving profit margins
Leading name in the Indian share market
| Investor Type | Holding (%) |
|---|---|
| Promoters | 62.93% |
| Retail & Others | 14.67% |
| Foreign Institutions (FII) | 10.55% |
| Other Domestic Institutions (DII) | 7.18% |
| Mutual Funds | 4.67% |
This shareholding pattern indicates that foreign investors and mutual funds see strong potential in Canara Bank stock.
Below is the forecast for Canara Bank share price for the next six years based on current performance, future plans, and market trends.
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2025 | ₹115 | ₹125 |
| 2026 | ₹130 | ₹145 |
| 2027 | ₹150 | ₹165 |
| 2028 | ₹170 | ₹185 |
| 2029 | ₹190 | ₹210 |
| 2030 | ₹215 | ₹235 |
Why?
Strong net profit growth
Good performance in retail banking and credit cards
Increasing digital adoption in urban and rural banking
Investment Advice: 2025 could be a good year to enter the stock market with CANBK if you're looking for stability and potential long-term gains.
Why?
Stable growth in savings and loan segments
Growth in Canara HSBC Life Insurance business
Rising interest from foreign investors
Investment Advice: Consider holding if you’re already invested. Look for expert advice if you're planning a long-term SIP in Canara Bank.
Why?
Higher net profit amount
Technology upgrades across branches
Improved investor confidence in Indian public sector banks
Investment Advice: Reinvesting dividends or adding more shares at dips could benefit long-term returns.
Why?
Growth in revenue through digital banking and credit cards
Canara HSBC Life Insurance performing well
Solid fundamentals and improved PE ratio and EPS (TTM)
Investment Advice: Good time to diversify but keep Canara Bank stock in your core portfolio.
Why?
Expanding services in semi-urban and rural areas
Strong ROE (Return on Equity)
Consistent rise in bank’s net profit
Investment Advice: A good year for long-term wealth building. Ideal for retirement portfolios or fixed-goal planning.
Why?
Leading role in supporting the Indian economy
Robust digital infrastructure and financial products
Excellent earnings track record and dividend history
Investment Advice: Canara Bank could be a key stock for your 2030 investing goals. Long-term investors may benefit the most by staying invested.
Yes, Canara Bank stock offers a good opportunity for:
Exposure to a top Indian bank
Consistent growth in net profit
Participation in India’s economic development
Trusted name in public banking sector
Like any stock, investing in Canara Bank also has risks:
Regulatory changes in public sector policies
Rising NPAs (Non-Performing Assets)
Global financial market instability affecting FIIs
Always seek expert advice and conduct your own research before investing.
Canara Bank Limited is a strong performer in the Indian banking sector with growing interest from FII, DII, and retail investors. With continuous focus on technology, profit growth, and customer reach, the share price of Canara Bank is expected to climb steadily from 2025 to 2030.
If you're seeking a solid and consistent banking stock with long-term potential, Canara Bank is a stock to consider seriously.
1. What is the current share price of Canara Bank?
As of May 23, 2025, the current market price is around ₹106.84 on NSE.
2. What is the PE ratio and EPS of Canara Bank?
These vary quarterly. Always check the latest PE and EPS TTM on reliable sources like NSE or BSE.
3. Who is the CEO of Canara Bank?
Please refer to Canara Bank’s official website for the latest updates on the CEO and Executive Director.
4. Is Canara Bank stock good for long-term investment?
Yes. Given its strong fundamentals and consistent bank’s net profit, it is considered good for long-term holding.
5. What is the future forecast for Canara Bank stock?
By 2030, the stock could reach ₹235 based on growth in net profit, business expansion, and Indian banking demand.
This blog is for educational purposes only. Please do your own research or consult a SEBI-registered financial advisor before investing in the share market. Investing involves risks.
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