New Delhi, May 15 -- Canara Bank share price in focus today: Canara Bank share price snapped its six-day winning streak on Thursday, May 15, with a mild drop of 0.48% to Rs.105.16 apiece. Over the last seven trading sessions (including today), the stock delivered an impressive 16% gain, with most of the rally coming after the lender's March quarter results beat estimates.

The strong numbers not only boosted demand for the stock on Dalal Street but also prompted analysts to revise their earnings multiples higher. The recent rally pushed Canara Bank's share price past the Rs.105 mark for the first time since mid-December 2024 to reach a 5-month high of Rs.106.57.

For context, the stock experienced heavy selling between May 2024 and Februa...