Is Canara Bank stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Canara Bank pays dividends. Last time was Sunday 28th of July 2024 where the investors holding the stock on Friday 14th of June 2024 were paid INR3.22 per share. Over the last 20 times between 2003 and 2024, Canara Bank has paid INR132.82 with an average of INR6.64 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Canara Bank 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was INR39.59, you would have made a profit of INR63.79 per share or 161.13%
Yes, the average daily trading liquidity for Canara Bank is INR28.66 million. You should therefore be able to get in and out of your positions relatively fast.
Canara Bank has no real debt, which is good in periods of high inflation. Canara Bank has a very good net profit margin of 22.79% and should have very high tolerances against inflation.
We have calculated the inflation risk for Canara Bank to be low [0.3 of 1]
US inflation for July 2024 was 0.15%. Over the last 12 months, the US inflation is 2.92%. The 10-year treasury yield that indicates the future interest level is currently 3.72 and is down -0.95 over the last 30 days.