Technical analyst Anil Singhvi has maintained 'buy' rating on Canara Bank Ltd stock with an intra-day target of Rs 760.

According to analyst, the investors can hold the stock with a stop loss of Rs 693.

The stock of the company, on November 29, closed at Rs 709.30 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 844 and a low of Rs 345 on BSE.

Current EPS & P/E ratio stood at 87.44 and 8.42 respectively.

The public sector Canara Bank has recorded an increase of 10.69% in its net profit, which stood at Rs 10,078.80 million for the three month period ended September 30 as against Rs 9,105.20 million for the quarter ended Sep 2009.

Total income of the bank augmented 8.48% to Rs 60,770.60 million for July-September 2010 from Rs 56,021 million for the three month period ended Sep 2009.

Canara Bank opened 105 divisions and ATMs each, across India on November 19, its founder's day, to celebrate the bank's 105th service year.

Out of 105 divisions being kicked off, 93 are in semi-urban and rustic regions.