Federal Bank Ltd up for five straight sessions

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Capital Market
Last Updated : Nov 30 2018 | 1:04 PM IST

The stock is quoting at Rs 85.5, up 0.29% on the day as on 12:44 IST on the NSE. Federal Bank Ltd is down 21.2% in last one year as compared to a 7.45% gain in NIFTY and a 6.44% gain in the Nifty Bank.

Federal Bank Ltd rose for a fifth straight session today. The stock is quoting at Rs 85.5, up 0.29% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.15% on the day, quoting at 10875.4. The Sensex is at 36180.32, up 0.03%. Federal Bank Ltd has added around 3.32% in last one month.

Meanwhile, Nifty Bank index of which Federal Bank Ltd is a constituent, has added around 6.6% in last one month and is currently quoting at 26939.6, down 0.47% on the day. The volume in the stock stood at 98.43 lakh shares today, compared to the daily average of 98.94 lakh shares in last one month.

The benchmark December futures contract for the stock is quoting at Rs 85.4, up 0.12% on the day. Federal Bank Ltd is down 21.2% in last one year as compared to a 7.45% gain in NIFTY and a 6.44% gain in the Nifty Bank index.

The PE of the stock is 18.04 based on TTM earnings ending September 18.

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First Published: Nov 30 2018 | 1:00 PM IST

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