Canara Bank Share Price Target 2025 To 2030- Market Overview, Current Chart

Canara Bank is one of the oldest and most trusted public sector banks in India. It was founded in 1906 and has grown into a leading financial institution with a wide network of branches across the country and even overseas. The bank offers a variety of services, including savings accounts, loans, credit cards, and investment options. Canara Bank is known for its customer-friendly approach and innovative banking solutions. Over the years, the bank has focused on digital transformation to provide easy and secure banking services to its customers. Canara Bank Share Price on NSE as of 17 March 2025 is 82.55 INR.

Canara Bank Share Price Chart

Canara Bank Market Overview

• Open: 83.30
• High: 83.46
• Low: 82.17
• Previous Close: 82.90
• Volume: 13,115,654
• Value (Lacs): 10,819.10
• VWAP: 82.63
• UC Limit: 91.19
• LC Limit: 74.61
• 52 Week High: 128.90
• 52 Week Low: 78.60
• Mkt Cap (Rs. Cr.): 74,823
• Face Value: 2

Canara Bank Share Price Target 2025 To 2030

Canara Bank Share Price Target 2025

Canara Bank share price target 2025 Expected target could be ₹130. Several key factors are expected to influence Canara Bank’s share price target for 2025:

1. Financial Performance: Canara Bank has demonstrated strong financial growth, with a remarkable profit growth of 90.8% CAGR over the last five years. Such robust performance can positively impact investor confidence and share prices.

2. Asset Quality Improvement: The bank’s asset quality has improved, with gross NPA% and net NPA% declining continuously over the past four years to 4.23% and 1.27%, respectively. This reduction in non-performing assets indicates better credit management, enhancing the bank’s financial health.

3. Net Interest Margin (NIM): Canara Bank has been able to expand its net interest margin over the last three years, achieving a margin of 2.5% in the most recent year. An increasing NIM suggests improved profitability from lending activities.

4. Dividend Yield: The bank offers a good dividend yield of 3.86% and has been maintaining a healthy dividend payout of 19.2%. Attractive dividends can make the stock more appealing to income-focused investors.

5. Valuation Metrics: Trading at 0.73 times its book value, Canara Bank’s stock may be considered undervalued, potentially attracting value investors seeking opportunities in the banking sector.

6. Analyst Price Targets: Analysts have set a target price of ₹111.97 for Canara Bank, indicating a potential upside of 35.07% compared to the current price of ₹82.90. Positive analyst forecasts can boost investor sentiment.

7. Banking Sector Outlook: The banking sector’s long-term structural strengths, including rising incomes, robust economic growth prospects, and increasing credit demand from retail, MSME, and corporate segments, are expected to benefit banks like Canara Bank.

8. Economic Conditions: Global economic conditions, including interest rate changes, inflation, and economic growth, can influence the banking sector’s performance. Favorable economic indicators can lead to increased lending and profitability for banks.

Canara Bank Share Price Target 2030

Canara Bank share price target 2025 Expected target could be ₹280. Several key factors are expected to influence Canara Bank’s share price target for 2030:

1. Financial Performance: Consistent growth in revenue and profitability will be crucial. Investors often favor banks with strong financial metrics, which can positively impact share prices.

2. Asset Quality: Maintaining low levels of Non-Performing Assets (NPAs) is essential. A high NPA ratio can erode investor confidence and adversely affect the bank’s valuation.

3. Net Interest Margin (NIM): A stable or improving NIM indicates efficient lending and borrowing operations, contributing to higher profitability and potentially boosting share value.

4. Dividend Policy: A consistent and attractive dividend payout can make the stock more appealing to income-focused investors, supporting share price stability.

5. Technological Advancements: Investments in digital banking and fintech collaborations can enhance customer experience and operational efficiency, positively influencing the bank’s market position.

6. Regulatory Environment: Compliance with banking regulations and proactive adaptation to policy changes are vital. Favorable regulatory conditions can facilitate growth, while stringent regulations may pose challenges.

7. Economic Conditions: The overall economic environment, including GDP growth, inflation rates, and employment levels, significantly impacts the banking sector. A robust economy typically leads to increased lending and profitability for banks.

8. Competitive Landscape: The bank’s ability to differentiate itself in a competitive market through unique products, services, or customer engagement strategies can influence its market share and, consequently, its stock performance.

Canara Bank Shareholding Pattern

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