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Federal Bank Ltd up for third straight session

Capital Market 

Federal Bank Ltd is quoting at Rs 90.05, up 2.27% on the day as on 12:49 IST on the NSE. The stock is down 13.2% in last one year as compared to a 5.33% jump in NIFTY and a 6.94% jump in the Nifty Bank index.

Federal Bank Ltd gained for a third straight session today. The stock is quoting at Rs 90.05, up 2.27% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.57% on the day, quoting at 10798.45. The Sensex is at 35966.65, up 0.52%. Federal Bank Ltd has gained around 14.71% in last one month.

Meanwhile, Nifty Bank index of which Federal Bank Ltd is a constituent, has gained around 3.79% in last one month and is currently quoting at 26643.85, up 1.01% on the day. The volume in the stock stood at 142.33 lakh shares today, compared to the daily average of 121.11 lakh shares in last one month.

The benchmark December futures contract for the stock is quoting at Rs 90.1, up 1.98% on the day. Federal Bank Ltd is down 13.2% in last one year as compared to a 5.33% jump in NIFTY and a 6.94% jump in the Nifty Bank index.

The PE of the stock is 18.65 based on TTM earnings ending September 18.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, December 13 2018. 13:05 IST
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