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Federal Bank Ltd up for third straight session

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Capital Market
Last Updated : Feb 01 2021 | 1:31 PM IST

Federal Bank Ltd is quoting at Rs 73.55, up 1.73% on the day as on 12:49 IST on the NSE. The stock is down 16.8% in last one year as compared to a 18.43% jump in NIFTY and a 5.04% jump in the Nifty Bank index.

Federal Bank Ltd is up for a third straight session today. The stock is quoting at Rs 73.55, up 1.73% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 1.7% on the day, quoting at 13865.85. The Sensex is at 47519.94, up 2.67%. Federal Bank Ltd has gained around 4.25% in last one month.

Meanwhile, Nifty Bank index of which Federal Bank Ltd is a constituent, has gained around 1.03% in last one month and is currently quoting at 30565.5, up 3.17% on the day. The volume in the stock stood at 144.83 lakh shares today, compared to the daily average of 387.72 lakh shares in last one month.

The benchmark February futures contract for the stock is quoting at Rs 75.6, up 3.92% on the day. Federal Bank Ltd is down 16.8% in last one year as compared to a 18.43% jump in NIFTY and a 5.04% jump in the Nifty Bank index.

The PE of the stock is 10.23 based on TTM earnings ending December 20.

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First Published: Feb 01 2021 | 1:05 PM IST

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