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Federal Bank Ltd jumps around 7%

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Capital Market

Federal Bank Ltd is quoting at Rs 44.7, up 6.94% on the day as on 12:54 IST on the NSE. The stock is down 52.27% in last one year as compared to a 25.49% fall in NIFTY and a 34.25% fall in the Nifty Bank index.

Federal Bank Ltd rose for a third straight session today. The stock is quoting at Rs 44.7, up 6.94% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is down around 0.25% on the day, quoting at 8620.25. The Sensex is at 29709.58, down 0.79%. Federal Bank Ltd has dropped around 47.96% in last one month.

 

Meanwhile, Nifty Bank index of which Federal Bank Ltd is a constituent, has dropped around 31.38% in last one month and is currently quoting at 19613.9, up 1.97% on the day. The volume in the stock stood at 285.81 lakh shares today, compared to the daily average of 187.78 lakh shares in last one month.

The benchmark April futures contract for the stock is quoting at Rs 44.8, up 5.54% on the day. Federal Bank Ltd is down 52.27% in last one year as compared to a 25.49% fall in NIFTY and a 34.25% fall in the Nifty Bank index.

The PE of the stock is 5.13 based on TTM earnings ending December 19.

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First Published: Mar 27 2020 | 1:05 PM IST

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