Federal Bank rose 0.17% to Rs 148.30 at 14:44 IST on BSE after net profit rose 15.02% to Rs 264.69 crore on 10.24% increase in total income to Rs 2090.01 crore in Q3 December 2014 over Q3 December 2013.
The result was announced during trading hours today, 15 January 2015.
Meanwhile, the BSE Sensex was up 824.73 points, or 3.02%, to 28,171.55.
On BSE, so far 7.47 lakh shares were traded in the counter, compared with an average volume of 2.49 lakh shares in the past one quarter.
Trading was volatile in the counter. The stock rose 3.75% at the day's high of Rs 153.60. The stock was flat at the day's low of Rs 148.05.
The stock hit a 52-week high of Rs 153.60 on 15 January 2015. The stock hit a 52-week low of Rs 72.45 on 20 February 2014.
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The stock had outperformed the market over the past one month till 14 January 2015, rising 3.97% compared with 0.01% fall in the Sensex. The scrip had also outperformed the market in past one quarter, rising 6.74% as against Sensex's 3.79% rise.
The large-cap private sector bank has an equity capital of Rs 171.22 crore. Face value per share is Rs 2.
Federal Bank's ratio of net non-performing assets (NPAs) to net advances stood at 0.69% as on 31 December 2014, compared with 0.66% as on 30 September 2014 and 0.86% as on 31 December 2013.
The bank's ratio of gross NPAs to gross advances stood at 2.19% as on 31 December 2014, compared with 2.10% as on 30 September 2014 and 2.83% as on 31 December 2013.
The bank has written back provisions worth Rs 82 lakh in Q3 December 2014 compared with provision write back of Rs 17.71 crore in Q3 December 2013.
The bank's Capital Adequacy Ratio (CAR) as per Basel III norms stood at 14.51% as on 31 December 2014, compared with 14.45% as on 30 September 2014 and 14.80% as on 31 December 2013.
Federal Bank is a major Indian commercial bank in the private sector headquartered at Aluva, Kerala having more than thousand branches and ATMs spread across different states in India.
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