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Federal Bank Ltd soars 2.89%

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Capital Market
Last Updated : Feb 25 2021 | 1:50 PM IST

Federal Bank Ltd is quoting at Rs 87.15, up 2.89% on the day as on 12:49 IST on the NSE. The stock is up 2.47% in last one year as compared to a 29.53% gain in NIFTY and a 21.88% gain in the Nifty Bank index.

Federal Bank Ltd is up for a third straight session in a row. The stock is quoting at Rs 87.15, up 2.89% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.97% on the day, quoting at 15127.65. The Sensex is at 51196.12, up 0.82%. Federal Bank Ltd has added around 24.86% in last one month.

Meanwhile, Nifty Bank index of which Federal Bank Ltd is a constituent, has added around 21.97% in last one month and is currently quoting at 36452.3, up 1.33% on the day. The volume in the stock stood at 219.63 lakh shares today, compared to the daily average of 297.94 lakh shares in last one month.

The benchmark February futures contract for the stock is quoting at Rs 87, up 2.53% on the day. Federal Bank Ltd is up 2.47% in last one year as compared to a 29.53% gain in NIFTY and a 21.88% gain in the Nifty Bank index.

The PE of the stock is 11.95 based on TTM earnings ending December 20.

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First Published: Feb 25 2021 | 1:05 PM IST

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