AgenciesMotilal Oswal has buy call on Federal Bank Ltd. with a target price of Rs 100. The current market price of Federal Bank Ltd. is Rs 78.15.
Federal Bank Ltd., incorporated in the year 1931, is a banking company (having a market cap of Rs 15597.61 Crore).
Financials
For the quarter ended 31-12-2020, the company reported a Consolidated Interest Income of Rs 2860.93 Crore, up .25 % from last quarter Interest Income of Rs 2853.76 Crore and up 2.69 % from last year same quarter Interest Income of Rs 2786.01 Crore. The bank reported net profit after tax of Rs 419.67 Crore in latest quarter.
Promoter/FII Holdings
Promoters held 0 per cent stake in the company as of Sept 30, 2020, while FIIs held 25.8 per cent, DIIs 37.7 per cent and public and others 36.5 per cent.
Federal Bank Ltd., incorporated in the year 1931, is a banking company (having a market cap of Rs 15597.61 Crore).
Financials
For the quarter ended 31-12-2020, the company reported a Consolidated Interest Income of Rs 2860.93 Crore, up .25 % from last quarter Interest Income of Rs 2853.76 Crore and up 2.69 % from last year same quarter Interest Income of Rs 2786.01 Crore. The bank reported net profit after tax of Rs 419.67 Crore in latest quarter.
Promoter/FII Holdings
Promoters held 0 per cent stake in the company as of Sept 30, 2020, while FIIs held 25.8 per cent, DIIs 37.7 per cent and public and others 36.5 per cent.
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