AgenciesEmkay Global has buy call on Federal Bank with a target price of Rs 142. The current market price of . is Rs 122.95. Time period given by analyst is one year when Ltd. price can reach defined target.
Federal Bank Ltd., incorporated in the year 1931, is a banking company (having a market cap of Rs 25767.99 Crore).
Federal Bank Ltd. key Products/Revenue Segments include Interest & Discount on Advances & Bills, Income From Investment, Interest and Interest On Balances with RBI and Other Inter-Bank Funds for the year ending 31-Mar-2022.
Financials
For the quarter ended 30-06-2022, the company reported a Consolidated Total Income of Rs 4318.17 Crore, up 3.54 % from last quarter Total Income of Rs 4170.55 Crore and up 4.11 % from last year same quarter Total Income of Rs 4147.77 Crore. The bank reported net profit after tax of Rs 634.22 Crore in latest quarter.
Promoter/FII Holdings
Promoters held 0 per cent stake in the company as of 30-Jun-2022, while FIIs owned 26.2 per cent, DIIs 42.12 per cent.
Federal Bank Ltd., incorporated in the year 1931, is a banking company (having a market cap of Rs 25767.99 Crore).
Federal Bank Ltd. key Products/Revenue Segments include Interest & Discount on Advances & Bills, Income From Investment, Interest and Interest On Balances with RBI and Other Inter-Bank Funds for the year ending 31-Mar-2022.
Financials
For the quarter ended 30-06-2022, the company reported a Consolidated Total Income of Rs 4318.17 Crore, up 3.54 % from last quarter Total Income of Rs 4170.55 Crore and up 4.11 % from last year same quarter Total Income of Rs 4147.77 Crore. The bank reported net profit after tax of Rs 634.22 Crore in latest quarter.
Promoter/FII Holdings
Promoters held 0 per cent stake in the company as of 30-Jun-2022, while FIIs owned 26.2 per cent, DIIs 42.12 per cent.
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