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Federal Bank Ltd spurts 3.12%

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Capital Market

Federal Bank Ltd is quoting at Rs 100.7, up 3.12% on the day as on 12:54 IST on the NSE. The stock is down 0.49% in last one year as compared to a 8.45% spurt in NIFTY and a 14.97% spurt in the Nifty Bank index.

Federal Bank Ltd is up for a third straight session in a row. The stock is quoting at Rs 100.7, up 3.12% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is down around 0.78% on the day, quoting at 11621.2. The Sensex is at 38700.58, down 0.67%. Federal Bank Ltd has risen around 3.65% in last one month.

 

Meanwhile, Nifty Bank index of which Federal Bank Ltd is a constituent, has risen around 0.41% in last one month and is currently quoting at 29954.15, down 0.77% on the day. The volume in the stock stood at 381.06 lakh shares today, compared to the daily average of 92.42 lakh shares in last one month.

The benchmark May futures contract for the stock is quoting at Rs 101.6, up 3.3% on the day. Federal Bank Ltd is down 0.49% in last one year as compared to a 8.45% spurt in NIFTY and a 14.97% spurt in the Nifty Bank index.

The PE of the stock is 19.28 based on TTM earnings ending December 18.

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First Published: May 06 2019 | 1:05 PM IST

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