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Federal Bank Ltd fall around 1%

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Capital Market
Last Updated : Mar 08 2022 | 2:16 PM IST

Federal Bank Ltd is quoting at Rs 86.5, down 1.03% on the day as on 13:24 IST on the NSE. The stock jumped 1.47% in last one year as compared to a 4.02% rally in NIFTY and a 10.04% fall in the Nifty Bank index.

Federal Bank Ltd is down for a fifth straight session today. The stock is quoting at Rs 86.5, down 1.03% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is down around 0.99% on the day, quoting at 15705.7. The Sensex is at 52357.77, down 0.92%.Federal Bank Ltd has lost around 15.32% in last one month.Meanwhile, Nifty Bank index of which Federal Bank Ltd is a constituent, has eased around 16.44% in last one month and is currently quoting at 32871.25, down 1.85% on the day. The volume in the stock stood at 187.41 lakh shares today, compared to the daily average of 220.14 lakh shares in last one month.

The benchmark March futures contract for the stock is quoting at Rs 86.35, down 1.54% on the day. Federal Bank Ltd jumped 1.47% in last one year as compared to a 4.02% rally in NIFTY and a 10.04% fall in the Nifty Bank index.

The PE of the stock is 10.06 based on TTM earnings ending December 21.

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First Published: Mar 08 2022 | 1:35 PM IST

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