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Federal Bank Ltd rises for fifth straight session

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Capital Market

Federal Bank Ltd is quoting at Rs 91.4, up 0.16% on the day as on 12:44 IST on the NSE. The stock is down 15.49% in last one year as compared to a 4.56% spurt in NIFTY and a 5.46% spurt in the Nifty Bank.

Federal Bank Ltd gained for a fifth straight session today. The stock is quoting at Rs 91.4, up 0.16% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.53% on the day, quoting at 10862.4. The Sensex is at 36213.08, up 0.7%. Federal Bank Ltd has risen around 12.49% in last one month.

 

Meanwhile, Nifty Bank index of which Federal Bank Ltd is a constituent, has risen around 2.63% in last one month and is currently quoting at 26826, up 0.62% on the day. The volume in the stock stood at 60.29 lakh shares today, compared to the daily average of 129.03 lakh shares in last one month.

The benchmark December futures contract for the stock is quoting at Rs 91.7, up 0.44% on the day. Federal Bank Ltd is down 15.49% in last one year as compared to a 4.56% spurt in NIFTY and a 5.46% spurt in the Nifty Bank index.

The PE of the stock is 19.36 based on TTM earnings ending September 18.

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First Published: Dec 17 2018 | 1:00 PM IST

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