This stock from Rakesh Jhunjhunwala's portfolio has zoomed 115% in 13 mths

Federal Bank hit a fresh 52-week high at Rs 105.10, and rallied 9 per cent in today trade after reporting a strong set of Q2 numbers

Shares of Federal Bank rallied 9 per cent in intra-day trades on Friday and registered a fresh 52-week high at Rs 105.10, in an otherwise volatile market after the lender reported a strong 49.5 per cent year on year (YoY) jump in net profit at Rs 460 crore in September quarter (Q2FY22). The strong earnings were on the back of a healthy operational performance. In comparison, the S&P BSE Sensex was down 0.40 per cent at 60,678 points at 02:24 pm.

In the past one month, Federal Bank has outperformed with a gain of 30 per cent, as compared