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Federal Bank Ltd eases for fifth straight session

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Last Updated : Aug 29 2024 | 2:50 PM IST

Federal Bank Ltd is quoting at Rs 195.28, down 0.14% on the day as on 13:19 IST on the NSE. The stock jumped 36.18% in last one year as compared to a 30.01% rally in NIFTY and a 15.94% spurt in the Nifty Bank index.

Federal Bank Ltd dropped for a fifth straight session today. The stock is quoting at Rs 195.28, down 0.14% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.4% on the day, quoting at 25153.45. The Sensex is at 82172.16, up 0.47%.Federal Bank Ltd has eased around 3.25% in last one month.Meanwhile, Nifty Bank index of which Federal Bank Ltd is a constituent, has eased around 0.42% in last one month and is currently quoting at 51143.85, up 0.27% on the day. The volume in the stock stood at 35.63 lakh shares today, compared to the daily average of 93.59 lakh shares in last one month.

The benchmark August futures contract for the stock is quoting at Rs 195.41, up 0.27% on the day. Federal Bank Ltd jumped 36.18% in last one year as compared to a 30.01% rally in NIFTY and a 15.94% spurt in the Nifty Bank index.

The PE of the stock is 12.35 based on TTM earnings ending June 24.

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First Published: Aug 29 2024 | 1:35 PM IST

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