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Federal Bank Ltd up for third straight session

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Capital Market

Federal Bank Ltd is quoting at Rs 102.15, up 2.05% on the day as on 12:54 IST on the NSE. The stock is up 41.29% in last one year as compared to a 27.28% spurt in NIFTY and a 25.33% spurt in the Nifty Bank index.

Federal Bank Ltd gained for a third straight session today. The stock is quoting at Rs 102.15, up 2.05% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 1.43% on the day, quoting at 17354.6. The Sensex is at 58048.43, up 1.35%. Federal Bank Ltd has risen around 24.65% in last one month.

 

Meanwhile, Nifty Bank index of which Federal Bank Ltd is a constituent, has risen around 9.31% in last one month and is currently quoting at 37982.1, up 0.86% on the day. The volume in the stock stood at 183.79 lakh shares today, compared to the daily average of 186.96 lakh shares in last one month.

The benchmark February futures contract for the stock is quoting at Rs 102, up 1.69% on the day. Federal Bank Ltd is up 41.29% in last one year as compared to a 27.28% spurt in NIFTY and a 25.33% spurt in the Nifty Bank index.

The PE of the stock is 11.51 based on TTM earnings ending December 21.

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First Published: Jan 28 2022 | 1:05 PM IST

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