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1D
1W
1M
1Y
3Y
5Y
Max
Open30.05
High30.05
Low30.05
Prev. Close30.05
Avg. Traded Price30.05
Volume4,000

MARKET DEPTH

info2
Total bid56,000.00
Total ask36,000.00
OrdersQtyBid
1400029.35
1400029.3
1400029
1400028.5
1400028.05
AskQtyOrders
31.614000
31.7514000
32.0514000
32.7514000
32.814000

HIGH/LOW

info2
1d
1w
1m
3m
52w

LOW/HIGH

30.0517 minutes ago
30.0517 minutes ago
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LOWER/UPPER CIRCUITS

24.05
36.05
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Canara Bank Ltd Stock performance
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KEY OBSERVATIONS

info
positive
negative
neutral
noteAnnual Revenue,rose 1.1%, in the last year to ₹76.3 Cr. Its sector's average revenue growth for the last fiscal year was 6.8%.
notePrice to Earning Ratio,is 21.5, lower than its sector PE ratio of 28.34.
noteInterest Coverage Ratio,is 9.13, higher than 1.5. This means that it is able to meet its interest payments comfortably with its earnings (EBIT).
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Canarys Automations was originally incorporated as a private limited company under the Companies Act, 1956 in the name and style of ‘Canarys Automations Private Limited’ pursuant to certificate of incorporation dated July 1, 1991 issued by the RoC, Bengaluru, Karnataka. The company became a deemed public limited company under Section 43A of the Companies Act, 1956 and the word ‘private’ was deleted with effect from June 22, 1992. The company became a private limited company, pursuant to Section 43A (2A) of Companies Act, 1956 with effect from June 20, 2000. Subsequently, the company was converted into public limited company pursuant to special resolution passed in the EGM held on August 01, 2006, and consequently, the name of the company was changed to ‘Canarys Automations Limited’ and a fresh certificate of incorporation consequent upon conversion from private company to public company was issued by RoC, Bengaluru, Karnataka on September 21, 2006. Subsequently, the company was converted into private limited company pursuant to the approval of its shareholders at an EGM held on November 16, 2007, and Consequently, the name of the company was changed to ‘Canarys Automations Private Limited’ and a fresh certificate of incorporation consequent upon conversion from public company to private company was issued by RoC, Bengaluru, Karnataka on November 27, 2007. Subsequently, the company was converted into public limited company pursuant special resolution passed by the shareholders at the EGM held on May 19, 2023, and consequently, the name of the company was changed to ‘Canarys Automations Limited’ and a fresh certificate of incorporation consequent upon conversion from private company to public company was issued by RoC, Bengaluru, Karnataka on June 27, 2023.Canarys Automations is a leading IT solutions provider with many years of existence in the industry. Its expertise lies in enabling digital transformation for businesses through its comprehensive range of software solutions in the space of Digitalization, Modernization, Automation and Intelligence. The company’s business operates across two verticals. (i) Technology solutions: Its technology solution offerings include multiple array of consulting solutions in Digitalization, Modernization, Cloudification, Automation, Transformation and Intelligence. Technology expertise includes DevOps Consulting (Azure, GitHub, Atlassian, GitLab, etc.), Cloud Consulting (Azure, AWS, GCP), Digital Enterprise Solutions using SAP, MS Dynamics 365, RPA, Digital Applications and Mobility Solutions. (ii) Water Resource Management Solution: It offers automation solutions to modernize irrigation water conservation, and improve water use efficiency, Turnkey flood risk assessment and mitigation, cloud based water utilisation process automation for water sharing in rivers and canals and SCADA gate control systems.The company understands the evolving demands of the digital landscape, and it is dedicated to helping organizations harness the power of technology to drive growth and success. Its solutions span across various industry sectors, BFSI, Retail, Healthcare, Pharmaceutical, Manufacturing, Insurance and more. With a strong focus on digital transformation, it empowers businesses to optimize their operations, enhance customer experiences, and stay ahead of the competition. The company’s commitment to excellence has been recognized and rewarded by various customers, alliance partners and OEM’s.Business area of the companyThe company is a leading IT solutions provider. Its expertise lies in enabling digital transformation for businesses through its comprehensive range of software solutions in the space of Digitalization, Modernization, Automation and Intelligence. Its business operates across two verticals viz., Technology solutions and Water Resource Management Solutions.Solutions and services of the companyTechnology solutionsDigitization solutionModernizationCloudificationAutomationTransformationIntelligence solutionWater resource management solutionsAwards, accreditations or recognition1999: Certificate of Recognition- from ESSC Hewlett Packard- ISO-Delivering Chanakya Metrics Tool.2017: DevOps partner of the year award from Microsoft.2018: DevOps partner of the year award from Microsoft.2022: Win Karnataka Innovation Leadership Award.2022: Recognition from Microsoft for delivering innovative customer solutions and services based on Microsoft technologies.2022: Certificate of Appreciation from Ministry of Finance for Prompt Payment of GST.2023: Won Award-CEO Highest Quality from World Quality Congress Awards.2023: Most Innovative DevOps Company.2023: Leader in DevOps Solutions.2023: Best DevOps Solution Provider.2023: ISO 9001:2015 Certification.History and milestones1991: Incorporation of the company as ‘Canarys Automations Private Limited’ under the Companies Act, 1956.1992: Obtained funding from CanBank Financial Services Limited, Trustee of Canbank Venture Capital Fund.1996: Entered into Partnership with large Multinational Software Company having Bengaluru Operations.2002: Incorporated the Canarys Corp., wholly owned subsidiary company in USA.2002: Won a Contract from large Indian Software Company.2004: ISO Certification Successfully Accredited.2005: Entered in Partnership with a Large US Based Product Company.2010: Foray into Hydrology and Meteorology Business.2012: WRDO (Water Resources Development Organization) Works Over the Years.2020: Incorporated a Canarys APAC Pte Ltd, a foreign wholly owned-subsidiary of the Companyin Singapore.2020: National Hydrology Projects secured for Real Time Data Acquisition Systems in West Bengal, Madhya Pradesh, Orissa, Punjab states, create nationwide recognition for Canarys in Hydro-Met business.2021: Increased the revenue of the Company from Rs 18 crore in financial year 2019-20 to Rs 25 crore in financial year 2020-21.2022: Increased the revenue of the company from Rs 25 crore in financial year 2020-21 to Rs 50 crore in financial year 2021-22.2022: Entered into partnership with SAP.2023: Increased the revenue of the company from Rs 50 crore in financial year 2021-22 to Rs 74.51 crore in financial year 2022-23.
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