Canara Bank Soars to 52-Week High Amid PSU Rally

October 16, 2025—Canara Bank Ltd., a bellwether in India’s public sector banking revival, has notched a significant milestone, with shares soaring to a 52-week high of Rs 132.75 on the BSE, fueled by a sustained rally that has seen the stock advance 21% in the combined months of September and October 2025. This 1.9% intraday gain from the October 15 close of Rs 130.14 highlights growing investor conviction in the bank’s fortified balance sheet, burgeoning digital ecosystem, and strategic emphasis on MSME lending within a conducive economic milieu