New Delhi, Oct. 7 -- Sustaining their bull run for the sixth straight session, shares of Canara Bank, a state-owned lender, jumped another 1.3% in Tuesday's intraday trade, October 07, to the new 1-year high of Rs.128.40 apiece, bringing it just steps away from hitting a 14-year high of Rs.129.85 apiece.

The shares have been on a sustained bull run in recent months, gaining 62.6% from the March lows and emerging as the best performer in the recent rally among public sector bank stocks.

The recent run-up in Canara Bank's share price has also pushed its year-to-date gains to 27%. If the current momentum is sustained through the rest of the year, it will mark the PSU bank stock's fifth consecutive year of positive returns.

Ever since 2021...