Federal Bank, Canara Bank to Bank of India: 5 bank stocks hit 52-week high today

Here we list down 5 banking stocks that hit 52-week highs today:

1]Bank of India: This PSU banking stock opened upside down today and hit a new 52-week high 67.95 each on NSE. In the last one week, the share price of Bank of India has risen by approx. from 58.50 67.75 each level, delivering over 15 percent in this time. The stock has delivered over 45 per cent in the last six months while in YTD time, it has given around 28 per cent return to its shareholders. The stock has given a slow but steady uptrend over the past six months, as reflected from its share price history over the past six months.

2]Canara Bank: This is another PSU bank that hit a 52-week high in Friday’s opening session of deals. Shares open higher and hit new 52-week high 300.50 each on NSE. The stock has been bullish for the past one month. It has delivered more than 30 per cent to its shareholders in this period.

3]DCB Bank: This private lender stock opened with a huge upside gap and climbed to its new 52-week high 119 per share on NSE. This private bank stock has been on an upward trend since the beginning of the new year 2022. In YTD time, this private bank stock has given around 45 per cent return to its shareholders. from 80 119 each level in 2022.

4]Federal Bank: This Private Bank Stock Opened With a Thin Upside Gap Reached a new high of 0.25 per share and 138.85 per share on the NSE in early morning deals in Friday’s session. In the past 6 months, Federal Bank’s stock price has risen by up to 45 percent and is climbing to new record highs on a regular basis.

5]Bank of Maharashtra: This PSU banking stock has been on an upward trend for the past six months, to deliver returns of over 30 per cent to its shareholders in this period. In this morning’s deals, it reached a new 52-week high of 23.15 each level on NSE.