Canara Bank Share Price History & Returns (2002 To 2024)
Show Table of Contents
Table of Contents
- 1: Canara Bank Share Highlights
- 1.1: 52-Week High Low
- 1.2: All Time High
- 2: Short Info About Canara Bank
- 3: Canara Bank Recent Performance
- 4: Canara Bank Share Price Chart From 2002 to 2024
- 5: Canara Bank Share Price History Table From 2002 to 2024
- 6: Analyzing the Impact of Investing in Canara Bank
- 6.1: Canara Bank Share Returns In Last 5 Years
- 6.2: Canara Bank Share Returns In Last 10 Years
- 6.3: Canara Bank Share Returns In Last 15 Years
- 6.4: Canara Bank Share Returns In Last 20 Years
- 6.5: Canara Bank Share VS FD (Normal) VS FD (Compounding)
Canara Bank Share Highlights
As of Tue 29 Oct 2024, Canara Bank Share price is ₹103.76 which is ₹529.14 below 52-week high of ₹632.9 and ₹10.78 above 52-week low of ₹92.98
52-Week High Low
- Canara Bank 52-Week High is ₹632.9 occured on Fri 03 May 2024
- Canara Bank 52-Week Low is ₹92.98 occured on Fri 25 Oct 2024
All Time High
- The all-time high or the highest price that Canara Bank shares have ever touched was ₹821.11 and this occurred on Tue 09 Nov 2010.
- The highest closing price at which Canara Bank shares have ever closed was ₹813.47 recorded on Tue 09 Nov 2010.
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Short Info About Canara Bank
Canara Bank: A Century of Banking Excellence
Canara Bank started as a small venture by a visionary named Ammembal Subba Rao Pai in 1906 in Mangalore. Since then, it has grown into one of India’sIndia’s biggest and oldest public sector banks. The government took over the bank in 1969 and became part of the National Stock Exchange (NSE) in 2002. It is also included in popular stock market indices like Nifty 50, Nifty Bank, Nifty PSU Bank and Nifty 500.
Canara Bank has a wide range of products and services for its customers in different segments such as retail, corporate, MSME, agriculture, priority sector and international banking. The bank has a strong presence in India, with more than 10,000 branches and more than 13,000 ATMs. It also has overseas offices in London, Dubai and New York. Canara Bank has won many awards for its excellence in digital banking, financial inclusion, customer service, corporate governance and social responsibility.
Now that we have a quick overview let’s dive into the share price history of Canara Bank from the date of its listing on the NSE.
Canara Bank Recent Performance
Over the past 25 trading days, the value of Canara Bank's stock has decreased by ₹5.53 (-5.06%). On 24 Sep 2024, its one share was worth ₹109.29 and by 29 Oct 2024, the value dropped to ₹103.76. During this period it created a highest high of ₹113.50 and lowest low of ₹94.24.
Below Image represents line chart of daily close price of Canara Bank, helping you visualize how the price has changed day by day.
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Canara Bank Share Price Chart From 2002 to 2024
Canara Bank Share Price History Table From 2002 to 2024
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| Year | Canara Bank | YOY Chg% | ↑High - ↓Low |
|---|---|---|---|
| 2002 | ₹48.20 | - | ↑ ₹ ↓ ₹ |
| 2003 | ₹136.25 | 182.6% | ↑ ₹162 ↓ ₹45.10 |
| 2004 | ₹212.60 | 56% | ↑ ₹213 ↓ ₹95.00 |
| 2005 | ₹241.25 | 13.4% | ↑ ₹259 ↓ ₹170 |
| 2006 | ₹276.20 | 14.4% | ↑ ₹318 ↓ ₹152 |
| 2007 | ₹322.39 | 16.7% | ↑ ₹330 ↓ ₹169 |
| 2008 | ₹182.96 | -43.3% | ↑ ₹409 ↓ ₹132 |
| 2009 | ₹378.12 | 106.6% | ↑ ₹425 ↓ ₹140 |
| 2010 | ₹642.20 | 69.8% | ↑ ₹821 ↓ ₹349 |
| 2011 | ₹354.53 | -44.8% | ↑ ₹653 ↓ ₹331 |
| 2012 | ₹483.31 | 36.3% | ↑ ₹550 ↓ ₹297 |
| 2013 | ₹274.53 | -43.2% | ↑ ₹518 ↓ ₹184 |
| 2014 | ₹436.43 | 58.9% | ↑ ₹484 ↓ ₹203 |
| 2015 | ₹226.58 | -48.1% | ↑ ₹465 ↓ ₹225 |
| 2016 | ₹255.71 | 12.8% | ↑ ₹329 ↓ ₹151 |
| 2017 | ₹360.40 | 40.9% | ↑ ₹463 ↓ ₹250 |
| 2018 | ₹275.05 | -23.7% | ↑ ₹384 ↓ ₹204 |
| 2019 | ₹221.35 | -19.6% | ↑ ₹302 ↓ ₹170 |
| 2020 | ₹128.95 | -41.8% | ↑ ₹229 ↓ ₹73.65 |
| 2021 | ₹199.95 | 55% | ↑ ₹247 ↓ ₹123 |
| 2022 | ₹333.30 | 66.6% | ↑ ₹336 ↓ ₹171 |
| 2023 | ₹437.50 | 31.2% | ↑ ₹454 ↓ ₹268 |
| 2024 | ₹103.76 | -76.3% | ↑ ₹104 ↓ ₹99.80 |
Analyzing the Impact of Investing in Canara Bank
Canara Bank Shares price in the year 2002 was ₹48.20. If you had invested ₹10,000 in Canara Bank Shares in 2002, in 22 years, your investment would have grown to ₹21,526 by the end of 2024. This represents a positive return of 115.2% from 2002 to 2024, with a compound annual growth rate (CAGR) of 3.5%.
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Also Read: Bharti Airtel Year Wise Share Price History From IPO to 2024
Canara Bank Share Returns In Last 5 Years
- Its highest share price in the last 5 years was: ₹454.7 and lowest was: ₹73.65
- Canara Bank Shares price in 2019 was ₹221.35
- By 2024, its share price dropped to ₹103.76
- It gave a negative return of over -54% with a CAGR of -14.1% over the last 5 years
- If you had invested ₹10,000 in Canara Bank in 2019 then in 5 years, your investment would have declined to ₹4,687 by 2024.
Canara Bank Share Returns In Last 10 Years
- Its highest share price in the last 10 years was: ₹484.38 and lowest was: ₹73.65
- Canara Bank Shares price in 2014 was ₹436.43
- By 2024, its share price dropped to ₹103.76
- It gave a negative return of over -77% with a CAGR of -13.4% over the last 10 years
- If you had invested ₹10,000 in Canara Bank in 2014 then in 10 years, your investment would have declined to ₹2,377 by 2024.
Canara Bank Share Returns In Last 15 Years
- Its highest share price in the last 15 years was: ₹821.11 and lowest was: ₹73.65
- Canara Bank Shares price in 2009 was ₹378.12
- By 2024, its share price dropped to ₹103.76
- It gave a negative return of over -73% with a CAGR of -8.3% over the last 15 years
- If you had invested ₹10,000 in Canara Bank in 2009 then in 15 years, your investment would have declined to ₹2,744 by 2024.
Canara Bank Share Returns In Last 20 Years
- Its highest share price in the last 20 years was: ₹821.11 and lowest was: ₹73.65
- Canara Bank Shares price in 2004 was ₹212.6
- By 2024, its share price dropped to ₹103.76
- It gave a negative return of over -52% with a CAGR of -3.6% over the last 20 years
- If you had invested ₹10,000 in Canara Bank in 2004 then in 20 years, your investment would have declined to ₹4,880 by 2024.
Canara Bank Share VS FD (Normal) VS FD (Compounding)
You might wonder which option is better: shares, fixed deposits (FDs) or compounding FDs. Let’s compare them and see how they differ.
- Shares: Units of ownership in a company can benefit from its profits or losses.
- FDs: Deposits you make with a bank or a financial institution for a fixed time and at a fixed interest rate.
- Compounding FDs: Similar to FDs but with one difference: the interest is reinvested into the principal amount instead of being paid out.
If you invested ₹10,000 rupees each in these 3 options in :
| Year | Canara Bank Investment | FD Normal Investment | FD Compond Investment |
|---|---|---|---|
| 2002 | ₹10,000 | ₹10,000 | ₹10,000 |
Then today, your investment would have become this much in each option: | |||
| 2024 | ₹21,317.91 | ₹23,200 | ₹36,035.37 |
[Click/Touch on line to show data]
For more insights into Canara Bank, explore these additional resources:-
References:
- Wikipedia Canara Bank Wiki
- NSE Canara Bank NSE Page
- About Canara Bank
