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Federal Bank Ltd up for third straight session

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Capital Market
Last Updated : Apr 17 2020 | 1:31 PM IST

Federal Bank Ltd is quoting at Rs 43.9, up 4.03% on the day as on 12:54 IST on the NSE. The stock is down 54.74% in last one year as compared to a 22% fall in NIFTY and a 34.02% fall in the Nifty Bank index.

Federal Bank Ltd rose for a third straight session today. The stock is quoting at Rs 43.9, up 4.03% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 1.93% on the day, quoting at 9166.65. The Sensex is at 31217.55, up 2.01%. Federal Bank Ltd has dropped around 19.08% in last one month.

Meanwhile, Nifty Bank index of which Federal Bank Ltd is a constituent, has dropped around 3.11% in last one month and is currently quoting at 19400, up 2.78% on the day. The volume in the stock stood at 254.83 lakh shares today, compared to the daily average of 238.23 lakh shares in last one month.

The benchmark April futures contract for the stock is quoting at Rs 44.2, up 4.12% on the day. Federal Bank Ltd is down 54.74% in last one year as compared to a 22% fall in NIFTY and a 34.02% fall in the Nifty Bank index.

The PE of the stock is 5.17 based on TTM earnings ending December 19.

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First Published: Apr 17 2020 | 1:05 PM IST

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