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Federal Bank Ltd spurts 2.04%, rises for third straight session

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Capital Market
Last Updated : Oct 16 2018 | 1:16 PM IST

The stock is quoting at Rs 77.35, up 2.04% on the day as on 12:49 IST on the NSE. Federal Bank Ltd is down 38.59% in last one year as compared to a 3.31% gain in NIFTY and a 3.96% gain in the Nifty Bank index.

Federal Bank Ltd rose for a third straight session today. The stock is quoting at Rs 77.35, up 2.04% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.58% on the day, quoting at 10573.6. The Sensex is at 35093.78, up 0.66%. Federal Bank Ltd has dropped around 0.39% in last one month.

Meanwhile, Nifty Bank index of which Federal Bank Ltd is a constituent, has dropped around 4.47% in last one month and is currently quoting at 25388.05, up 0.92% on the day. The volume in the stock stood at 94.21 lakh shares today, compared to the daily average of 125.57 lakh shares in last one month.

The benchmark October futures contract for the stock is quoting at Rs 77.35, up 2.18% on the day. Federal Bank Ltd is down 38.59% in last one year as compared to a 3.31% gain in NIFTY and a 3.96% gain in the Nifty Bank index.

The PE of the stock is 16.11 based on TTM earnings ending June 18.

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First Published: Oct 16 2018 | 1:05 PM IST

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