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Federal Bank Ltd slips for fifth straight session

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Capital Market
Last Updated : May 18 2018 | 1:50 PM IST

The stock is quoting at Rs 82.2, down 0.48% on the day as on 13:29 IST on the NSE. Federal Bank Ltd tumbled 26.84% in last one year as compared to a 12.62% rally in NIFTY and a 13.57% spurt in the Nifty Bank index.

Federal Bank Ltd dropped for a fifth straight session today. The stock is quoting at 82.2, down 0.48% on the day as on 13:29 IST on the NSE. The benchmark NIFTY is down around 0.61% on the day, quoting at 10617.45. The Sensex is at 34928.92, down 0.63%.Federal Bank Ltd has lost around 16.29% in last one month.Meanwhile, Nifty Bank index of which Federal Bank Ltd is a constituent, has increased around 2.92% in last one month and is currently quoting at 26073.8, down 0.82% on the day. The volume in the stock stood at 100.85 lakh shares today, compared to the daily average of 198.28 lakh shares in last one month.

The benchmark May futures contract for the stock is quoting at Rs 82.65, down 0.48% on the day. Federal Bank Ltd tumbled 26.84% in last one year as compared to a 12.62% rally in NIFTY and a 13.57% spurt in the Nifty Bank index.

The PE of the stock is 18.58 based on TTM earnings ending March 18.

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First Published: May 18 2018 | 1:35 PM IST

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