Don’t miss the latest developments in business and finance.

Federal Bank Ltd spurts 2.34%, gains for third straight session

Image
Capital Market
Last Updated : Aug 19 2020 | 1:50 PM IST

Federal Bank Ltd is quoting at Rs 54.75, up 2.34% on the day as on 12:54 IST on the NSE. The stock is down 35.4% in last one year as compared to a 3.74% gain in NIFTY and a 20.17% 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 54.75, up 2.34% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 0.39% on the day, quoting at 11429.25. The Sensex is at 38696.08, up 0.44%. Federal Bank Ltd has added around 1.96% in last one month.

Meanwhile, Nifty Bank index of which Federal Bank Ltd is a constituent, has added around 0.07% in last one month and is currently quoting at 22170.6, up 0.75% on the day. The volume in the stock stood at 294.83 lakh shares today, compared to the daily average of 332.69 lakh shares in last one month.

The benchmark August futures contract for the stock is quoting at Rs 55.05, up 2.32% on the day. Federal Bank Ltd is down 35.4% in last one year as compared to a 3.74% gain in NIFTY and a 20.17% gain in the Nifty Bank index.

The PE of the stock is 6.84 based on TTM earnings ending June 20.

Powered by Capital Market - Live News

Also Read

First Published: Aug 19 2020 | 1:05 PM IST

Next Story