Federal Bank Ltd spurts 2.04%\, rises for third straight session

Federal Bank Ltd spurts 2.04%, rises for third straight session

Capital Market 

The stock is quoting at Rs 77.35, up 2.04% on the day as on 12:49 IST on the NSE. is down 38.59% in last one year as compared to a 3.31% gain in and a 3.96% gain in the Bank index.

rose for a third straight session today. The stock is quoting at Rs 77.35, up 2.04% on the day as on 12:49 IST on the NSE. The benchmark is up around 0.58% on the day, quoting at 10573.6. The Sensex is at 35093.78, up 0.66%. has dropped around 0.39% in last one month.

Meanwhile, index of which Federal Bank Ltd is a constituent, has dropped around 4.47% in last one month and is currently quoting at 25388.05, up 0.92% on the day. The volume in the stock stood at 94.21 lakh shares today, compared to the daily average of 125.57 lakh shares in last one month.

The benchmark October futures contract for the stock is quoting at Rs 77.35, up 2.18% on the day. Federal Bank Ltd is down 38.59% in last one year as compared to a 3.31% gain in NIFTY and a 3.96% gain in the index.

The PE of the stock is 16.11 based on earnings ending June 18.

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First Published: Tue, October 16 2018. 13:05 IST