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Federal Bank Ltd up for third consecutive session

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Capital Market
Last Updated : Jul 20 2020 | 1:31 PM IST

Federal Bank Ltd is quoting at Rs 53.4, up 2.59% on the day as on 12:54 IST on the NSE. The stock is down 44.14% in last one year as compared to a 3.21% slide in NIFTY and a 23.58% slide in the Nifty Bank index.

Federal Bank Ltd is up for a third straight session today. The stock is quoting at Rs 53.4, up 2.59% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 0.73% on the day, quoting at 10981.8. The Sensex is at 37311.35, up 0.79%. Federal Bank Ltd has slipped around 1.66% in last one month.

Meanwhile, Nifty Bank index of which Federal Bank Ltd is a constituent, has slipped around 3.09% in last one month and is currently quoting at 21966.8, up 1.88% on the day. The volume in the stock stood at 218.57 lakh shares today, compared to the daily average of 370.94 lakh shares in last one month.

The benchmark July futures contract for the stock is quoting at Rs 53.55, up 2.29% on the day. Federal Bank Ltd is down 44.14% in last one year as compared to a 3.21% slide in NIFTY and a 23.58% slide in the Nifty Bank index.

The PE of the stock is 6.66 based on TTM earnings ending June 20.

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First Published: Jul 20 2020 | 1:05 PM IST

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