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Federal Bank Ltd spurts 1.93%

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Capital Market
Last Updated : Mar 05 2019 | 1:16 PM IST

Federal Bank Ltd is quoting at Rs 87.35, up 1.93% on the day as on 12:49 IST on the NSE. The stock is down 4.69% in last one year as compared to a 6.51% spurt in NIFTY and a 11.58% spurt in the Nifty Bank index.

Federal Bank Ltd is up for a third straight session in a row. The stock is quoting at Rs 87.35, up 1.93% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.49% on the day, quoting at 10916.95. The Sensex is at 36213.3, up 0.41%. Federal Bank Ltd has risen around 2.16% in last one month.

Meanwhile, Nifty Bank index of which Federal Bank Ltd is a constituent, has risen around 0.44% in last one month and is currently quoting at 27043.9, up 0.88% on the day. The volume in the stock stood at 51.07 lakh shares today, compared to the daily average of 88.23 lakh shares in last one month.

The benchmark March futures contract for the stock is quoting at Rs 88.3, up 2.32% on the day. Federal Bank Ltd is down 4.69% in last one year as compared to a 6.51% spurt in NIFTY and a 11.58% spurt in the Nifty Bank index.

The PE of the stock is 16.84 based on TTM earnings ending December 18.

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First Published: Mar 05 2019 | 1:05 PM IST

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