FEDERAL BANK Share Price Up by 5%; BSE BANKEX Index Up 1.6%
Tue, 18 May 09:40 AM

FEDERAL BANK share price has zoomed 5% and is presently trading at Rs 86.

Meanwhile, the BSE BANKEX Index is at 38,808 (up 1.6%).

Among the top Gainers in the BSE BANKEX Index today is FEDERAL BANK (up 5.3%).

Over the last one year, FEDERAL BANK has moved up from Rs 45 to Rs 86, registering a gain of Rs 41 (up 89.4%).

On the other hand, the BSE BANKEX has moved up from 21,813 to 38,808, registering a gain of 16,995 points (up 77.3%) during the last 12 months.

The top buzzing stocks among the BSE BANKEX Index stocks during this same period were SBI (up 130.1%), INDUSIND BANK (up 129.2%) and ICICI BANK (up 93.4%).

Get Details: We are Bullish on These 3 Little-known Stocks

What About the Benchmark Indices?

The BSE Sensex is at 50,240 (up 1.1%).

The top gainers among the BSE Sensex stocks today are TATA STEEL (up 3.4%), BAJAJ FINANCE (up 3.3%) and POWER GRID (up 2.8%). Other gainers include INDUSIND BANK (up 2.7%) and BAJAJ AUTO (up 2.1%). The most traded stocks in the BSE Sensex are SBI and ONGC.

In the meantime, NSE Nifty is at 15,124 (up 1.1%). The top gainers in the NSE Nifty include HINDALCO (up 4.2%), TATA STEEL (up 3.1%) and BAJAJ FINANCE (up 3.0%). Other gainers include POWER GRID (up 2.5%) and INDUSIND BANK (up 2.4%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 31,123 to 50,240, registering a gain of 19,117 points (up 61.12%).

FEDERAL BANK Financial Update...

FEDERAL BANK net profit down at Rs 4 billion for the quarter ended December 2020, compared to a loss of Rs 4 billion a year ago. Operating income rose 3.9% to Rs 34.6 billion during the period as against Rs 33.3 billion in October-December 2019.

For the year ended March 2018, FEDERAL BANK reported 6.6% increase in net profit to Rs 9.1 billion compared to net profit of Rs 8.5 billion during FY17.

Revenue of the company grew 12.9% to Rs 99 billion during FY18.

The current Price to earnings ratio of FEDERAL BANK, based on rolling 12 month earnings, stands at 12.0x.



What else is happening in the markets today? Dig in...

  

Stock Market Updates

May 18, 2021 09:30 am

Asian share markets rose in early trade today, shrugging off worries about an increase in regional coronavirus infections and a subdued session on Wall Street.

May 18, 2021 09:48 AM

BLISS GVS PHARMA share price is trading up by 6% and its current market price is Rs 115. The BSE HEALTHCARE is up by 0.4%. The top gainers in the BSE HEALTHCARE Index are BLISS GVS PHARMA (up 6.2%) and SHILPA MEDICARE (up 7.3%). The top losers are APOLLO HOSPITALS and ABBOTT INDIA (down 0.1%).

May 18, 2021 09:38 AM

HINDUSTAN COPPER share price is trading up by 5% and its current market price is Rs 179. The BSE METAL is up by 2.7%. The top gainers in the BSE METAL Index is HINDUSTAN COPPER (up 5.2%).

May 18, 2021 09:34 AM

ADANI TRANSMISSION share price has hit an all time high at Rs 1,245 (up 3.5%). The BSE POWER Index is up by 2.0%. Among the top gainers in the BSE POWER Index today are ADANI TRANSMISSION (up 3.5%) and SIEMENS (up 0.2%). The top losers include KALPATARU POWER (down 0.2%) and RELIANCE INFRA (down 1.1%).

May 18, 2021 09:24 AM

GUJARAT PIPAVAV PORT share price is trading up by 5% and its current market price is Rs 103. The BSE REALTY is up by 1.2%. The top gainers in the BSE REALTY Index is GUJARAT PIPAVAV PORT (up 5.0%).

May 18, 2021 Pre-Open

Top cues to track in today's stock market session

View More Indian Share Market News

Most Popular

May 13, 2021

Do you think you have what it takes to be an intraday trader? Find out in this video.

May 7, 2021

I've used this trading technique for many years with great success. I'm sharing it with you today.

May 6, 2021

Why are markets discounting the economic impact of Covid?

May 7, 2021

Stocks you must consider investing in before buying your first electric vehicle.

More