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Federal Bank Ltd up for fifth session

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Capital Market

Federal Bank Ltd is quoting at Rs 111.7, up 0.49% on the day as on 12:44 IST on the NSE. The stock is up 30.95% in last one year as compared to a 7.06% jump in NIFTY and a 7.91% jump in the Nifty Bank.

Federal Bank Ltd is up for a fifth straight session today. The stock is quoting at Rs 111.7, up 0.49% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.21% on the day, quoting at 17695.55. The Sensex is at 59428.2, up 0.16%. Federal Bank Ltd has gained around 13.98% in last one month.

 

Meanwhile, Nifty Bank index of which Federal Bank Ltd is a constituent, has gained around 12.07% in last one month and is currently quoting at 38879.85, up 0.39% on the day. The volume in the stock stood at 29.18 lakh shares today, compared to the daily average of 154.23 lakh shares in last one month.

The benchmark August futures contract for the stock is quoting at Rs 112.2, up 0.67% on the day. Federal Bank Ltd is up 30.95% in last one year as compared to a 7.06% jump in NIFTY and a 7.91% jump in the Nifty Bank index.

The PE of the stock is 11.02 based on TTM earnings ending June 22.

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First Published: Aug 12 2022 | 1:00 PM IST

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