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Federal Bank Ltd gains more than 1%

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Capital Market
Last Updated : Apr 30 2018 | 1:31 PM IST

The stock is quoting at Rs 99.25, up 1.02% on the day as on 12:54 IST on the NSE. Federal Bank Ltd is down 11.78% in last one year as compared to a 15.41% gain in NIFTY and a 14.49% gain in the Nifty Bank index.

Federal Bank Ltd rose for a third straight session today. The stock is quoting at Rs 99.25, up 1.02% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 0.53% on the day, quoting at 10749.5. The Sensex is at 35195.64, up 0.65%. Federal Bank Ltd has added around 10.03% in last one month.

Meanwhile, Nifty Bank index of which Federal Bank Ltd is a constituent, has added around 5.14% in last one month and is currently quoting at 25394.6, up 0.72% on the day. The volume in the stock stood at 39.98 lakh shares today, compared to the daily average of 101.16 lakh shares in last one month.

The benchmark May futures contract for the stock is quoting at Rs 99.9, up 0.91% on the day. Federal Bank Ltd is down 11.78% in last one year as compared to a 15.41% gain in NIFTY and a 14.49% gain in the Nifty Bank index.

The PE of the stock is 19.57 based on TTM earnings ending December 17.

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First Published: Apr 30 2018 | 1:05 PM IST

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