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Public-sector bank Historical case study · data as of 07 Jul 2026 · published 10 Oct 2026 (95 days later)

Canara Bank — 100-point case study

How Canara Bank looked on 50 technical and 50 fundamental measures on 07 Jul 2026 — and what happened over the next three months. Education only; not a current view.

Codes	NSE: CANBK · BSE: 532483
Close on 07 Jul 2026	₹125.03
Market cap then	₹1,13,168 crore
Valuation	P/E 6.3× · P/B 0.96×
Momentum	RSI (14) 38 · 1-year return +9.4%
Next 3 months	-4.4% vs Nifty 50 -7.7% (to 09 Oct 2026)

Scorecard

Technical — 50 points

1 bullish · 20 neutral · 2 caution · 26 bearish — the picture leaned negative.

Fundamental — 50 points

14 bullish · 31 neutral · 1 caution · 3 bearish — the picture leaned positive.

Price chart

Close (to snapshot) Close (after) 50-day avg 200-day avg Support Resistance

Data note: Bank figures for Q4 FY26 and Q1 FY27 come from the bank's results releases (standalone). Screener's consolidated quarterly profits do not add up exactly to the full-year figure; values are shown as published.

Technical analysis — 50 points

Calculated by code from daily prices up to 07 Jul 2026. Standard formulas (RSI, MACD, ADX use Wilder smoothing).

How to read the tags. Each of the 50 points gets one tag. Bullish the reading was favourable. Bearish the reading was unfavourable. Neutral the reading was in a normal range, or gave no clear message. Caution a warning sign or an unusual reading that deserves a closer look. Point 50 counts the other 49 tags. The chart is called positive when bullish tags beat bearish ones by 5 or more, negative when bearish tags beat bullish ones by 5 or more, and mixed otherwise. Under each point you will see what reading earns which tag. Tags describe the data on the snapshot date. They are not signals to buy or sell. Full guide to all 100 points →

A. Trend

#	Point	Reading	Tag	Commentary
1	Short-term trend (20 days)	slope -0.42%/day	Bearish	Over the last 20 sessions the regression line of closing prices was falling about 0.42% a day — a short-term downtrend. Bullish slope above +0.10% a day (short-term uptrend) · Bearish slope below –0.10% a day (short-term downtrend) · Neutral between the two: a flat, sideways phase.
2	Medium-term trend (~5 months)	3M return -1.6%	Bearish	The 100-session trend line was down (-0.16%/day) and the stock was -1.6% over three months, so the medium-term picture was bearish. Bullish slope above +0.05% a day · Bearish slope below –0.05% a day · Neutral in between.
3	Long-term trend (1 year)	1Y return +9.4%	Neutral	Compared with a year earlier the price was +9.4%. Little net progress over twelve months. Bullish up more than 10% in a year · Bearish down more than 10% in a year · Neutral between –10% and +10%.
4	Weekly chart trend	10W 130.38 / 30W 139.91	Bearish	On the weekly chart the stock showed a weekly close below the 10-week average, which sat below the 30-week. Bullish weekly close above the 10-week average, which is above the 30-week · Bearish weekly close below the 10-week average, which is below the 30-week · Neutral when they are tangled.
5	Swing structure (highs/lows)	last highs 138.26→136.33; lows 128.80→124.61	Bearish	The two most recent swing points showed lower swing highs and lower swing lows — classic downtrend structure. Bullish higher highs and higher lows (uptrend structure) · Bearish lower highs and lower lows (downtrend structure) · Neutral when one is higher and the other lower.
6	ADX (14) — trend strength	15.9	Neutral	ADX at 15.9 signals a weak or absent trend (below 20) — range-bound conditions. ADX measures strength only, not direction. Bullish ADX 20 or more with +DI above –DI (a real trend, pointing up) · Bearish ADX 20 or more with –DI above +DI (a real trend, pointing down) · Neutral below 20: no clear trend. 20–30 is a moderate trend, above 30 a strong one.
7	+DI vs –DI	+DI 16.7 / –DI 28.6	Bearish	–DI was above +DI: sellers had the upper hand in directional movement. Bullish +DI above –DI · Bearish –DI above +DI · No neutral zone for this point.

B. Moving averages

#	Point	Reading	Tag	Commentary
8	Price vs 20-day SMA	130.52 (-4.2%)	Bearish	Close of 125.03 was 4.2% below the 20-day SMA — the short-term trend filter was negative. Bullish close above the average · Bearish close below the average · No neutral zone.
9	Price vs 50-day SMA	131.64 (-5.0%)	Bearish	Close of 125.03 was 5.0% below the 50-day SMA — the medium-term trend filter was negative. Bullish close above the average · Bearish close below the average · No neutral zone.
10	Price vs 200-day SMA	138.68 (-9.8%)	Bearish	Close of 125.03 was 9.8% below the 200-day SMA — the long-term trend filter was negative. Bullish close above the average · Bearish close below the average · No neutral zone.
11	9 / 21 EMA crossover	9E 127.30 / 21E 129.30	Bearish	The 9-day EMA was below the 21-day EMA; the last crossover happened on 24 Jun 2026. Bullish 9-day above 21-day · Bearish 9-day below 21-day · No neutral zone.
12	Golden / death cross (50 vs 200)	last death cross 22 May 2026	Bearish	The 50-day average was 5.1% below the 200-day. The most recent signal was a death cross on 22 May 2026. Bullish 50-day above 200-day (after a “golden cross”) · Bearish 50-day below 200-day (after a “death cross”) · No neutral zone.
13	50-day SMA slope	-1.7% in 20 sessions	Bearish	The 50-day average fell 1.7% over the past month — declining. Bullish rose more than 0.5% · Bearish fell more than 0.5% · Neutral in between: flattening.
14	MA ribbon alignment	131 / 132 / 137 / 139	Bearish	The 20/50/100/200-day averages were perfectly stacked bearish (20 < 50 < 100 < 200). Bullish neatly stacked 20 > 50 > 100 > 200 · Bearish neatly stacked 20 < 50 < 100 < 200 · Neutral when tangled (a transition or range).
15	Monthly anchored VWAP	126.71 (-1.3%)	Bearish	Anchored to the start of July, the volume-weighted average price was 126.71; the close was below it — buyers that month were on average under water. Bullish close above VWAP (that month’s buyers on average in profit) · Bearish close below VWAP · No neutral zone.

C. Momentum

#	Point	Reading	Tag	Commentary
16	RSI (14)	37.6	Bearish	RSI at 37.6 reflected soft, below-average momentum. Bullish RSI 55–70 (positive momentum, not stretched) · Bearish RSI 30–45 (soft momentum) · Neutral 45–55. Caution at 70 or above (overbought) or 30 or below (oversold).
17	RSI divergence (last 40 days)	none	Neutral	Comparing the last 20 sessions with the 20 before: no divergence — RSI moved in line with price. Bullish bullish divergence: price made a lower low but RSI a higher low · Caution for a bearish divergence (price higher high, RSI lower high). Neutral when RSI moved in line with price.
18	MACD line vs signal	MACD -1.87 / signal -1.30	Bearish	MACD was below its signal line — momentum turning or staying negative. Bullish MACD above signal · Bearish MACD below signal · No neutral zone.
19	MACD histogram (5-day change)	-0.82 → -0.57	Bullish	The histogram rose over the last five sessions, meaning momentum was improving. Bullish histogram rising (momentum improving) · Bearish histogram falling (momentum weakening) · No neutral zone.
20	MACD vs zero line	-1.87	Bearish	MACD below zero means the 12-day EMA was below the 26-day EMA — a negative momentum regime. Bullish MACD above zero · Bearish MACD below zero · No neutral zone.
21	Stochastic (14,3,3)	%K 13.8 / %D 16.7	Caution	Slow stochastic at 13.8 was in oversold territory (<20). Bullish between 20 and 80 with %K above %D · Bearish between 20 and 80 with %K below %D · Caution above 80 (overbought) or below 20 (oversold).
22	Williams %R (14)	-96.4	Caution	%R of -96.4 put the close near the bottom of its 14-day range. How to read: Caution above –20 (near the top) or below –80 (near the bottom). Neutral in the middle. This point is never tagged Bullish or Bearish.
23	CCI (20)	-109	Bearish	CCI at -109 signalled an unusually strong downward deviation (<–100). Bullish above +100 (unusually strong upward move) · Bearish below –100 (unusually strong downward move) · Neutral within ±100.
24	Rate of change (10-day)	-7.3%	Bearish	Price changed -7.3% over ten sessions. Bullish up more than 2% · Bearish down more than 2% · Neutral between –2% and +2%.

D. Volatility

#	Point	Reading	Tag	Commentary
25	Bollinger Band position (%B)	%B 0.14 (bands 122.86–138.18)	Neutral	%B of 0.14 — inside the bands, lower half. How to read: Caution above 1 or below 0 (outside the bands — an overextended move). Neutral inside the bands.
26	Bollinger width / squeeze	width 11.7% (53rd pct of 6M)	Neutral	Band width was at the 53rd percentile of the last six months, a normal level. How to read: Caution when the width is in the lowest 15% of six months (a “squeeze” that often comes before a bigger move, direction unknown). Neutral otherwise.
27	ATR (14)	₹3.16 (2.5% of price)	Neutral	A typical day's range was about ₹3.16, or 2.5% of the price — useful for judging how much 'normal noise' to expect. How to read: Information only. A higher % means bigger normal daily swings.
28	Historical volatility (30-day)	29.7% vs 1Y 29.5%	Neutral	Annualised 30-day volatility was 29.7%, close to the one-year level of 29.5%. How to read: Caution when 30-day volatility is more than 1.25× the one-year level. Neutral otherwise.
29	Keltner Channel (20, 2×ATR)	123.23–135.14	Neutral	The close was inside the channel, so no volatility breakout. Bullish close above the upper channel (strong upward push) · Bearish close below the lower channel · Neutral inside the channel.
30	Beta vs Nifty 50 (1Y daily)	1.32	Neutral	A beta of 1.32 means the stock tended to move more than the Nifty 50 day to day. How to read: Information only. Above 1.1 moves more than the market, below 0.9 less, around 1 in line.

E. Volume & money flow

#	Point	Reading	Tag	Commentary
31	Volume vs 20-day average	last day 0.47× / 5-day 0.84×	Neutral	The final session traded 0.47× its 20-day average volume and the last five sessions averaged 0.84× — normal participation. How to read: Information only. Above 1.2× is heavier than usual participation, below 0.8× lighter.
32	Up-day vs down-day volume (20d)	ratio 0.99	Neutral	Average volume on up days was 0.99× that on down days — balanced. Bullish ratio above 1.15 (accumulation-leaning) · Bearish ratio below 0.85 (distribution-leaning) · Neutral between 0.85 and 1.15.
33	On-Balance Volume (20d)	OBV falling	Bearish	OBV fell over the month while price fell — volume confirmed the price move. Bullish OBV rising · Bearish OBV falling · No neutral zone.
34	Accumulation/Distribution line	falling (20d)	Bearish	The A/D line fell, meaning closes tended to be in the lower part of daily ranges on meaningful volume. Bullish A/D line rising · Bearish A/D line falling · No neutral zone.
35	Chaikin Money Flow (20)	-0.18	Bearish	CMF at -0.18 indicated net outflows. Bullish above +0.05 (net inflows) · Bearish below –0.05 (net outflows) · Neutral between –0.05 and +0.05.
36	Money Flow Index (14)	34.4	Bearish	MFI, a volume-weighted RSI, was 34.4. Bullish MFI 55–80 · Bearish MFI 20–45 · Neutral 45–55. Caution above 80 (overbought) or below 20 (oversold).
37	Liquidity (avg daily turnover)	₹429 cr/day	Neutral	About ₹429 crore changed hands per day on average over 20 sessions — liquid. How to read: Information only. Above ₹500 crore a day is highly liquid, above ₹50 crore liquid, below that moderately liquid.

F. Price levels

#	Point	Reading	Tag	Commentary
38	Support levels (S1/S2/S3)	124.62 / 121.79 / 111.21	Neutral	Nearest support (prior swing lows) sat at 124.62, 0.3% below the close, then 121.79, 111.21. How to read: Information only. Levels to watch, not good or bad.
39	Resistance levels (R1/R2/R3)	130.14 / 138.46 / 146.89	Neutral	Nearest resistance (prior swing highs) sat at 130.14, 4.1% above the close, then 138.46, 146.89. How to read: Information only.
40	Monthly pivot points (for next month)	P 126.33 \| R1 127.96 \| S1 123.40	Neutral	Classic pivots from July's high/low/close gave a pivot of 126.33; the close was below it. How to read: Information only.
41	Fibonacci retracement (6M swing)	23.6% 131 \| 38.2% 137 \| 50.0% 142 \| 61.8% 147	Neutral	Measuring the 6-month fall from 162.89 to 121.79, the close was nearest the 23.6% retracement at 131.49. How to read: Information only.
42	52-week high / low	H 162.89 / L 103.55	Neutral	The close was 23.2% below the 52-week high and 20.7% above the 52-week low. Bullish within 5% of the 52-week high · Bearish within 5% of the 52-week low · Neutral in between.
43	Unfilled price gaps (6M)	2 open; latest gap-down 28 Apr at 139.81	Neutral	There were 2 unfilled gap(s). The latest, a gap-down on 28 Apr 2026, left an open level at 139.81 that price had not revisited. How to read: Information only.

G. Patterns

#	Point	Reading	Tag	Commentary
44	Price structure / chart pattern	falling channel	Bearish	Rule-based pattern scan: falling channel — successive lower highs and lows. (Classical patterns like head-and-shoulders are judgement calls; we report only what the rules detect.) Bullish rising channel (both trends up) · Bearish falling channel (both trends down) · Neutral for tight consolidation, a bounce in a downtrend, a pullback in an uptrend, or a sideways range.
45	Breakout / breakdown (20-day)	range 124.61–138.26	Neutral	The close was inside the prior 20-day range of 124.61–138.26. Bullish close above the 20-day high (breakout) · Bearish close below the 20-day low (breakdown) · Neutral inside the range.
46	Latest candlestick	Ordinary red candle	Neutral	On 07 Jul the candle opened 126.40, ranged 124.75–126.86 and closed 125.03: Ordinary red candle. Single candles are weak signals on their own. Bullish hammer, bullish engulfing or bullish marubozu · Bearish shooting star, bearish engulfing or bearish marubozu · Neutral for a doji, inside bar or ordinary candle. Single candles are weak signals.
47	Ichimoku Cloud	cloud 132.43–134.34; Tenkan 127.89 / Kijun 131.44	Bearish	Price was below the cloud and the Tenkan line was below the Kijun line — a bearish Ichimoku setup. Bullish close above the cloud · Bearish close below the cloud · Neutral inside the cloud.

H. Relative strength & summary

#	Point	Reading	Tag	Commentary
48	Relative strength vs Nifty 50	1M -12.4% / 3M -9.0%	Bearish	The stock underperformed the Nifty 50 by 9.0 points over three months and underperformed by 12.4 points over one month. Bullish ahead of the Nifty 50 by more than 2 points · Bearish behind by more than 2 points · Neutral within ±2 points.
49	Relative strength vs Nifty Bank	3M -14.5%	Bearish	Against its sector index (Nifty Bank) the stock was 14.5 points behind over three months. Bullish ahead by more than 2 points · Bearish behind by more than 2 points · Neutral within ±2 points.
50	Technical summary	1 bullish · 26 bearish · 20 neutral · 2 caution	Bearish	Across the 49 readings the technical picture leaned negative. Levels that mattered: support 124.62, resistance 130.14. This is a description of the chart on 07 Jul 2026, not a forecast. How to read the score: the strongest possible reading is 49 bullish · 0 bearish, and the weakest is 0 bullish · 49 bearish. Most companies land in between. The chart is called positive when bullish tags beat bearish ones by 5 or more, negative when bearish tags beat bullish ones by 5 or more, and mixed otherwise. Even a 49–0 score describes the past and is not a reason to buy, and a 0–49 score is not a reason to sell. Bullish bullish tags beat bearish ones by 5 or more (“positive”) · Bearish bearish tags beat bullish ones by 5 or more (“negative”) · Neutral (“mixed”) otherwise. Strongest possible: 49 bullish · 0 bearish.

Fundamental analysis — 50 points

Uses only results published by 07 Jul 2026: FY26 annual (Apr 2025–Mar 2026), the Jan–Mar 2026 quarter and the Mar 2026 shareholding. ₹ crore, consolidated unless stated. Valuation uses the 07 Jul 2026 close.

How to read the tags. Each of the 50 points gets one tag. Bullish the reading was favourable. Bearish the reading was unfavourable. Neutral the reading was in a normal range, or gave no clear message. Caution a warning sign or an unusual reading that deserves a closer look. Point 50 counts the other 49 tags. The numbers are called positive when bullish tags beat bearish ones by 4 or more and are at least 1.5 times as many, negative the other way round, and mixed otherwise. Under each point you will see what reading earns which tag. Tags describe the data on the snapshot date. They are not signals to buy or sell. Full guide to all 100 points →

A. Valuation

#	Point	Reading	Tag	Commentary
1	P/E (trailing 12 months)	6.3×	Neutral	At ₹125.03 the market valued the company at about ₹1,13,168 crore, or 6.3× the ₹17,878 crore profit of the four quarters to Mar 2026. That is a low multiple in absolute terms. How to read: Information only. Below 15 is a low multiple, 15–30 moderate, above 30 a premium (the market expects growth). Compare with peers and the company’s own history.
2	Price / Book	0.96×	Neutral	Market cap was 0.96× the Mar 2026 book value (equity + reserves) of ₹1,17,705 crore. For a bank, P/B is the main valuation yardstick. How to read: Information only. Main yardstick for banks; asset-light businesses usually trade at high P/B.
3	Price / Revenue (interest earned)	0.90×	Neutral	Market cap was 0.90× trailing-12-month revenue (mainly interest earned) of ₹1,26,372 crore. How to read: Information only.
4	Profit / Book (earnings power)	15.2%	Neutral	Trailing profit was 15.2% of book value — the return the bank was generating on the equity investors were paying 0.96× for. How to read: Information only.
5	Earnings yield	15.8%	Neutral	The inverse of P/E: each ₹100 invested bought about ₹15.8 of annual earnings. Investors often compare this with the ~6–7% yield on 10-year government bonds. How to read: Information only. Often compared with the ~6–7% yield on 10-year government bonds.
6	PEG (P/E ÷ 3-yr profit CAGR)	0.31	Bullish	P/E of 6.3 divided by 3-year profit growth of 20.2% a year gives a PEG of 0.31. Below 1 is often read as growth being cheaply priced; above 2 as expensive. Bullish below 1 (growth cheaply priced) · Bearish above 2 (growth expensively priced) · Neutral 1–2, or when profit did not grow (not meaningful).
7	Dividend yield (trailing 12M)	3.36%	Bullish	Dividends with ex-dates in the 12 months to the snapshot totalled ₹4.2 a share, a 3.36% yield on the ₹125.03 price. Bullish above 3% · Neutral at 3% or less. Never tagged Bearish.
8	Market capitalisation	₹1,13,168 cr	Neutral	At about ₹1.13 lakh crore the company was a large-cap. How to read: Information only. Above ₹1 lakh crore large-cap, ₹30,000 crore–₹1 lakh crore mid-cap, below that small-cap (our rule of thumb).
9	Graham number vs price	₹240.40 vs ₹125.03	Bullish	Benjamin Graham's conservative fair-value yardstick √(22.5 × EPS × book value per share) came to ₹240.40; the price was 48% below it. Quality franchises usually trade above this number. Bullish price below the Graham number · Neutral when the price is above it (most quality companies are).

B. Growth

#	Point	Reading	Tag	Commentary
10	Revenue growth FY26 (YoY)	+3.9%	Neutral	Revenue (interest earned) for FY26 was ₹1,26,371 crore, +3.9% versus FY25. Bullish above 10% · Bearish below 0% (revenue fell) · Neutral 0–10%.
11	Q4 FY26 revenue growth (YoY)	+1.1%	Neutral	The Jan–Mar 2026 quarter brought ₹31,839 crore of revenue, +1.1% on the same quarter a year earlier. Bullish above 10% · Bearish below 0% · Neutral 0–10%.
12	Net profit growth FY26 (YoY)	+11.4%	Bullish	FY26 net profit was ₹19,712 crore, +11.4% on FY25's ₹17,692 crore. Bullish above 10% · Bearish below 0% · Neutral 0–10%. Caution if a one-off item distorted the figure.
13	Q4 FY26 profit growth (YoY)	-10.5%	Bearish	Quarterly profit was ₹4,575 crore versus ₹5,111 crore a year earlier (-10.5%). Bullish above 10% · Bearish below 0% · Neutral 0–10%.
14	Revenue CAGR (3 years)	13.7%	Bullish	Revenue compounded at 13.7% a year from FY23 to FY26. Bullish above 12% a year · Bearish below 5% a year · Neutral 5–12%. Caution if an acquisition inflated it.
15	Profit CAGR (3 years)	20.2%	Bullish	Net profit compounded at 20.2% a year from FY23 to FY26. Bullish above 12% a year · Bearish below 5% a year · Neutral 5–12%.
16	Revenue CAGR (5 years)	12.5%	Bullish	Over five years (FY21–FY26) revenue compounded at 12.5% a year. Bullish above 12% a year · Bearish below 5% a year · Neutral 5–12%.
17	EPS growth FY26 (reported)	+1.9%	Neutral	Reported EPS went from ₹19.34 to ₹19.70 (+1.9%). Differences from profit growth come from changes in share count (bonus, buyback, new issues). Bullish above 10% · Bearish below 0% · Neutral 0–10%.

C. Profitability

#	Point	Reading	Tag	Commentary
18	Net interest margin (Q4 FY26)	2.54%	Bearish	NIM — the spread between what the bank earns on loans and pays on deposits — was 2.54% in Jan–Mar 2026 (as reported). Above ~3.5% is strong for an Indian bank. Bullish 3.5% or more · Bearish below 3.0% · Neutral 3.0–3.5%.
19	Net interest income growth (Q4 FY26)	n/a	Neutral	Core interest income after interest expense was ₹9,808 crore, n/a year on year (standalone, as reported). Bullish above 10% · Bearish below 5% · Neutral 5–10%.
20	Net profit margin FY26	15.6%	Neutral	₹15.6 of every ₹100 of interest-led revenue ended up as net profit in FY26. How to read: Information only.
21	Return on equity FY26	17.7%	Neutral	FY26 profit was 17.7% of average shareholders' equity. Above ~15% is generally considered good; below 10% weak. Bullish above 18% · Bearish below 10% · Neutral 10–18%. Around 15% or more is generally considered good.
22	Leverage (assets ÷ equity)	16.0×	Neutral	Total assets were 16.0× equity — normal for banks, which fund most assets with deposits. How to read: Information only — banks normally run high leverage.
23	Return on assets FY26	1.04%	Neutral	Net profit was 1.04% of total assets. For banks, ROA above 1% is considered healthy. Bullish banks only: 1.5% or more · Bearish banks only: below 1% · Information only for non-banks.
24	Effective tax rate FY26	23%	Neutral	The company paid about 23% of pre-tax profit as tax; India's base corporate rate is ~25%. How to read: Information only. India’s base corporate rate is about 25%.
25	Q4 FY26 standalone profit (reported)	₹4,506 cr (-9.9%)	Bearish	The bank's own (standalone) Jan–Mar 2026 profit as reported was ₹4,506 crore, -9.9% year on year. Bullish above 12% year on year · Bearish below 0% · Neutral 0–12%.

D. Asset quality & capital

#	Point	Reading	Tag	Commentary
26	Gross NPA (Q4 FY26)	1.84%	Bullish	Gross non-performing assets were 1.84% of loans — low by Indian standards. Bullish below 2% · Bearish above 4% · Neutral 2–4%.
27	Net NPA (Q4 FY26)	0.43%	Bullish	After provisions, net NPAs were 0.43% of loans. Bullish below 0.6% · Bearish above 1.5% · Neutral 0.6–1.5%.
28	CASA ratio	31.0%	Neutral	Low-cost current and savings deposits made up 31.0% of deposits — a higher CASA means cheaper funding. Bullish above 40% · Bearish below 30% · Neutral 30–40%.
29	Capital adequacy (CRAR)	17.07%	Bullish	Capital adequacy was 17.07%, comfortably above the RBI minimum of 11.5% (incl. buffer). Bullish above 16% · Bearish below 13% · Neutral 13–16%. RBI minimum incl. buffer is 11.5%.
30	Loan (advances) growth	+15.1%	Bullish	Advances grew +15.1% year on year (as reported). Bullish above 14% · Bearish below 8% · Neutral 8–14%.
31	Deposit growth	+8.0%	Neutral	Deposits grew +8.0% year on year (as reported). Bullish above 12% · Bearish below 7% · Neutral 7–12%.
32	Deposit base (consolidated)	₹15.68 lakh cr	Neutral	Consolidated deposits were ₹15,68,333 crore at Mar 2026, +7.7% on a year earlier. How to read: Information only.
33	Book value growth	+11.7%	Neutral	Equity grew +11.7% to ₹1,17,705 crore — banks need book growth to support loan growth. Bullish above 10% (banks: above 12%) · Bearish below 0% (non-banks only) · Neutral otherwise.

E. Cash flow

#	Point	Reading	Tag	Commentary
34	Operating cash flow FY26	₹7,942 cr	Neutral	Operating cash flow was ₹7,942 crore. For banks this swings with deposit and loan flows, so it says little about profitability. Bullish positive and higher than the year before · Bearish negative · Neutral when positive but lower. Information only for banks.
35	Investing cash flow FY26	₹-2,707 cr	Neutral	Investing flows for banks mostly reflect securities and fixed-asset purchases. How to read: Information only — for banks these swing with deposit and loan flows.
36	Financing cash flow FY26	₹-4,795 cr	Neutral	Financing flows reflect borrowings raised/repaid and dividends paid. How to read: Information only — for banks these swing with deposit and loan flows.
37	Net cash flow FY26	₹440 cr	Neutral	Overall cash and balances changed by ₹440 crore in FY26. How to read: Information only — for banks these swing with deposit and loan flows.
38	Investment book growth	-4.8%	Neutral	The investment portfolio (mostly government securities) moved -4.8% to ₹4,07,389 crore. How to read: Information only.
39	Loan growth minus deposit growth	+7.1 pts	Caution	Loans grew 15.1% and deposits 8.0%. When loans outpace deposits for long, banks must pay up for funding — a margin risk. How to read: Caution when loans grew more than 4 points faster than deposits (funding pressure). Neutral otherwise.

F. Dividends & shareholder returns

#	Point	Reading	Tag	Commentary
40	Dividend payout ratio FY26	21%	Neutral	The company paid out about 21% of FY26 profit as dividends. How to read: Information only. High payout suits mature businesses; growing firms often keep more.
41	Dividend consistency (3 years)	19% / 21% / 21%	Bullish	Payout ratios for FY24 / FY25 / FY26 — dividends were paid every year. Bullish paid every year · Neutral when irregular. Never tagged Bearish.
42	Share capital change (FY25→FY26)	+0.0%	Neutral	Paid-up equity capital changed +0.0% (₹1,814 cr → ₹1,814 cr). Essentially unchanged — no dilution. Bullish fell 1% or more (a buyback) · Caution when it rose 1% or more (new shares issued). Neutral when unchanged, or for a bonus/split.

G. Ownership

#	Point	Reading	Tag	Commentary
43	Promoter holding	62.93% (+0.00 pts YoY)	Neutral	Promoters owned 62.93% at Mar 2026 versus 62.93% a year earlier. Bearish fell more than 1 percentage point in a year · Neutral otherwise. Never tagged Bullish.
44	Foreign institutional holding	14.24% (+3.70 pts YoY)	Bullish	FIIs held 14.24% at Mar 2026, up from 10.54% a year before. Bullish up more than 1 percentage point · Bearish down more than 1 percentage point · Neutral within ±1 point.
45	Domestic institutional holding	10.91% (-0.94 pts YoY)	Neutral	Mutual funds, insurers and other DIIs held 10.91%, down from 11.85%. Bullish up more than 1 percentage point · Bearish down more than 1 percentage point · Neutral within ±1 point.
46	Number of shareholders	15.0 lakh (-16.5% YoY)	Neutral	The shareholder count moved from 18.0 lakh to 15.0 lakh in a year — a rough gauge of retail interest. How to read: Information only — a rough gauge of retail interest.
47	Promoter pledge	none reported	Neutral	Our source showed no pledged promoter shares. How to read: Information only. Any sizeable pledge is a risk to note.

H. Quality & summary

#	Point	Reading	Tag	Commentary
48	Financial health checklist (Piotroski-style, 8 tests)	8/8	Bullish	Passed: positive profit, profit grew, ROA ≥ 1%, gross NPA < 3%, net NPA < 1%, CRAR ≥ 14%, ROE ≥ 12%, no meaningful dilution (<3%). Bullish all tests passed, or all but one · Bearish half the tests or fewer passed · Neutral in between.
49	Automated screen flags	3 strength(s) · 4 weakness(es)	Neutral	Strengths: Stock is trading at 0.88 times its book value; Stock is providing a good dividend yield of 3.51%; Company has been maintaining a healthy dividend payout of 20.4%. Weaknesses: Company has low interest coverage ratio; Contingent liabilities of Rs.6,04,935 Cr; Company might be capitalizing the interest cost; Working capital days have increased from 258 days to 423 days. (Flags generated by the data source’s rule screen.) How to read: Information only.
50	Fundamental summary	14 bullish · 3 bearish · 31 neutral · 1 caution	Bullish	On the numbers published by 07 Jul 2026 the fundamental picture leaned positive. Valuation: P/E 6.3×, P/B 0.96×. This describes the data, not a recommendation. How to read the score: the strongest possible reading is 49 bullish · 0 bearish, and the weakest is 0 bullish · 49 bearish. Most companies land in between. The numbers are called positive when bullish tags beat bearish ones by 4 or more and are at least 1.5 times as many, negative the other way round, and mixed otherwise. Even a 49–0 score describes the past and is not a reason to buy, and a 0–49 score is not a reason to sell. Bullish bullish tags beat bearish ones by 4 or more and are at least 1.5× as many (“positive”) · Bearish the same the other way round (“negative”) · Neutral (“mixed”) otherwise. Strongest possible: 49 bullish · 0 bearish.

News in the three months before the snapshot

Company news from 07 Apr 2026 – 07 Jul 2026 that an investor could have known on the snapshot date.

04 May 2026 Canara Bank schedules board meeting on May 11, 2026 to approve Q4 and FY26 results — The bank called a board meeting for May 11, 2026 to consider audited standalone and consolidated results for the quarter and year ended March 31, 2026, and a FY26 dividend subject to AGM approval. source
11 May 2026 Canara Bank Q4 FY26 standalone profit falls about 10% to Rs 4,506 crore; asset quality improves — Standalone net profit for Q4 FY26 was Rs 4,505.57 crore versus Rs 5,002.66 crore a year earlier. Gross NPA fell to 1.84% from 2.94% and net NPA to 0.43% from 0.70%; FY26 profit was Rs 19,187 crore and a dividend of Rs 4.20 per share was recommended. source
01 Jun 2026 Brajesh Kumar Singh named Canara Bank managing director — Brajesh Kumar Singh, formerly an executive director at Indian Bank, was appointed by the government as Canara Bank's MD & CEO effective June 1, 2026, until his superannuation on April 30, 2029. source
23 Jun 2026 Canara Bank declares Rs 4.2 dividend at 24th AGM — At its 24th Annual General Meeting on June 23, 2026, Canara Bank declared a dividend of Rs 4.2 per equity share for FY ended March 31, 2026. source
29 Jun 2026 Canara Bank hands over Rs 2,397 crore dividend cheque to Government of India — The bank presented a Rs 2,397 crore dividend cheque for FY 2025-26 to the Union Finance Minister; the Government of India is the bank's majority shareholder. source
30 Jun 2026 Canara Bank announces exit of Group Chief Compliance Officer Rakesh Kashyap — The bank informed exchanges that CGM and Group Chief Compliance Officer Rakesh Kashyap was released from his duties effective June 29, 2026. source
01 Jul 2026 Canara Bank Q1 FY27 business update: global business nears Rs 29 lakh crore — Provisional data for the quarter ended June 30, 2026 showed global business up 14.40% YoY to Rs 29,05,820 crore, with global deposits up 11.69% and global advances up 17.96%. source

What happened next (07 Jul 2026 → 09 Oct 2026)

Price went from ₹125.03 to ₹119.59 by 09 Oct 2026 (-4.4%) while the Nifty 50 moved -7.7% — outperforming by 3.3 points.
Highest ₹133.11 on 12 Aug 2026; lowest ₹116.51 on 01 Oct 2026.
S1 124.62: broken on a closing basis on 08 Jul 2026.
S2 121.79: broken on a closing basis on 08 Jul 2026.
R1 130.14: cleared on a closing basis on 06 Aug 2026.
R2 138.46: not cleared on a closing basis.
200-day SMA: price was below it at the snapshot and stayed on the same side through the period.
Apr–Jun 2026 results (reported 27 Jul 2026): standalone profit ₹4,856 crore (+2.2% YoY), NIM n/a%, gross NPA 1.57%, net NPA 0.36%.

Later news

22 Jul 2026 Canara Bank raises US$200 million via reopening of 4.896% senior unsecured notes due 2029 — The bank reopened its existing 4.896% notes due September 2029 under its US$3 billion MTN programme, taking the series to US$500 million; allotment was on July 22, 2026. source
27 Jul 2026 Canara Bank Q1 FY27 net profit up 2.2% to Rs 4,856 crore; NII rises 13% — Standalone net profit for the June 2026 quarter was Rs 4,855.82 crore, up 2.2% YoY; net interest income rose 13.4% to Rs 10,215.27 crore. Gross NPA eased to 1.57% and net NPA to 0.36%. source
01 Oct 2026 Canara Bank global business crosses Rs 30 lakh crore in Q2 FY27 update — Provisional figures as of September 30, 2026 showed global business up 15.83% YoY to Rs 30,70,928 crore, with global advances up 19.35% and global deposits up 13.13%. source

Educational summary. On 07 Jul 2026 the technical picture leaned negative and the fundamental picture leaned positive. Over the next three months the stock moved -4.4% against -7.7% for the Nifty 50. Here the chart's message lined up with what followed. One case proves nothing on its own; the value is in seeing many cases over time. This page does not say whether to buy, sell or hold Canara Bank today.

Method designed by Pawan Kumar Sharma, CPA · ACCA · CIA. Numbers are computed by our engine from the sources listed below.

Sources: daily prices — Yahoo Finance history pages; financials and shareholding — Screener.in (fetched 10 Oct 2026); index — Nifty 50, Nifty Bank via Yahoo Finance; news — linked articles. Calculations by Manage Our Finance. Report a correction

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