Federal Bank Ltd eases for fifth straight session

Capital Market 

The stock is quoting at Rs 75.5, down 3.08% on the day as on 13:19 IST on the NSE. tumbled 33.83% in last one year as compared to a 10.8% rally in and a 11.37% spurt in the Bank index.

dropped for a fifth straight session today. The stock is quoting at 75.5, down 3.08% on the day as on 13:19 IST on the NSE. The benchmark is down around 0.29% on the day, quoting at 10987.1. The Sensex is at 36498.34, down 0.12%.has eased around 10.12% in last one month.Meanwhile, index of which Federal Bank Ltd is a constituent, has increased around 1.27% in last one month and is currently quoting at 26935.95, down 0.71% on the day. The volume in the stock stood at 63.07 lakh shares today, compared to the daily average of 81.39 lakh shares in last one month.

The benchmark July futures contract for the stock is quoting at Rs 75.75, down 3.13% on the day. Federal Bank Ltd tumbled 33.83% in last one year as compared to a 10.8% rally in NIFTY and a 11.37% spurt in the index.

The PE of the stock is 17.56 based on earnings ending March 18.

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First Published: Mon, July 16 2018. 13:35 IST