Canara Bank Share Price Target 2025: Will the PSU Giant Break ₹135?
Canara Bank (NSE: CANBK) is currently trading around ₹105.90, showing steady momentum in the public sector banking space. Based on recent technical patterns and trendline indicators, analysts believe the stock could potentially touch ₹130–₹135 by the end of 2025.
Let’s explore Canara Bank’s performance, technical levels, and forecast to see if it’s still a good buy.
Canara Bank Stock Performance Snapshot
| Data Point | Value |
|---|---|
| Current Price | ₹105.90 (as of August 1, 2025) |
| 52-Week High / Low | ₹119.30 / ₹78.60 |
| Market Cap | ₹79,000+ Cr |
| EPS (TTM) | ₹19.34 |
| Dividend Yield | ~3.6% |
Technical Analysis (August 2025)
RSI (Relative Strength Index):
Hovering near 47 — suggests the stock is in a neutral zone, not overbought.
MACD (Moving Average Convergence Divergence):
No clear crossover yet, signaling possible sideways movement.
Support Levels:
-
₹104 (short-term support)
-
₹98 (long-term)
Resistance Levels:
-
₹112 (major resistance)
-
₹119 (52-week high)
Canara Bank Share Price Target 2025
| Scenario | Target Price (₹) | View |
|---|---|---|
| Bullish Case | ₹135 | If stock breaks ₹112 resistance |
| Base Case | ₹125–₹130 | Consolidates above ₹107–₹110 |
| Bearish Case | ₹98–₹104 | If it fails to hold current support |
Expert Forecasts:
-
MoneyLaid: ₹119–₹135 target range
-
DailyBulls: Up to ₹199 (extreme bull scenario)
-
SharePrice-Target.in: ₹120–₹135 for 2025
Note: Analysts are optimistic given strong Q4 results and improving PSU banking sentiment.
Why Investors Are Watching Canara Bank
Strong Q4 FY25 Earnings: ₹5,070 Cr profit — up 26% YoY
Healthy Dividend: ~3.6% yield
Asset Quality: NPA ratios improving
Government Focus: PSU banks benefiting from capex and digital push
Risks to Monitor
-
Resistance at ₹110–₹112 remains unbroken
-
Interest rate policy by RBI could impact net interest margins
-
Global banking sector volatility may cause pressure
Canara Bank is showing signs of strength, backed by solid earnings and macro tailwinds. A sustained breakout above ₹112 with volume could push the stock toward ₹130–₹135 by December 2025.
For long-term investors, this PSU stock remains one to watch — especially on dips near ₹104.
