The Economic Times
English EditionEnglish Editionहिन्दी
| E-Paper
Search
+

    Buy Federal Bank, target price Rs 100: Motilal Oswal

    Synopsis

    Federal Bank Ltd., incorporated in the year 1931, is a banking company (having a market cap of Rs 15597.61 Crore).

    Agencies
    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.

    INSIGHTS

    Read Stock Insights by ET for a quick analysis

    PEER COMPANIES

    Explore Now
    Motilal 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.
    Federal Bank

    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.
    Join the 4th edition of ETMarkets Global Summit 2021 from 20-22 January and brainstorm with thought leaders of the financial world. Click here to register now!

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Read before you invest. Insights on Federal Bank Ltd.. Explore Now
    The Economic Times