Federal Bank Ltd is quoting at Rs 50.15, down 3.74% on the day as on 13:29 IST on the NSE. The stock tumbled 41.48% in last one year as compared to a 1.77% rally in NIFTY and a 20.26% fall in the Nifty Bank index.
Federal Bank Ltd dropped for a fifth straight session today. The stock is quoting at Rs 50.15, down 3.74% on the day as on 13:29 IST on the NSE. The benchmark NIFTY is down around 0.76% on the day, quoting at 11231.25. The Sensex is at 38089.93, down 0.72%.Federal Bank Ltd has lost around 6.87% in last one month.Meanwhile, Nifty Bank index of which Federal Bank Ltd is a constituent, has increased around 1.13% in last one month and is currently quoting at 22744.4, down 2.62% on the day. The volume in the stock stood at 262.35 lakh shares today, compared to the daily average of 387.02 lakh shares in last one month.
The benchmark September futures contract for the stock is quoting at Rs 50.25, down 3.74% on the day. Federal Bank Ltd tumbled 41.48% in last one year as compared to a 1.77% rally in NIFTY and a 20.26% fall in the Nifty Bank index.
The PE of the stock is 6.66 based on TTM earnings ending June 20.
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