On Tuesday, Federal Bank Ltd raised at Rs 104.15, up 1.12 per cent on National Stock Exchange (NSE). The stock is up 24.36 per cent in FY22 compared to a 4.37 per cent gain in NIFTY and a 3.37 per cent gain in the Nifty Bank index.

Today, Federal Bank Ltd has gained from the last three straight days. Federal Bank Ltd has added around 22.82 per cent in the first quarter of this year.

Meanwhile, the Nifty Bank index, of which Federal Bank Ltd is a constituent, added around 8.84 per cent in June. Currently, the shares are at 35358.7, up 0.61 per cent.

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Today, the volume in shares has stood at 189.21 lakh as compared to the day-to-day average of 107.66 lakh shares in the last month.

The benchmark July futures contract for the stock is at Rs 104.45, up 2.75 per cent. Federal Bank Ltd is up 24.36 per cent in FY22 compared to a 4.37 per cent gain in NIFTY and a 3.37 per cent gain in the Nifty Bank index. The stock’s Private Equity (PE) is 10.21 based on TTM earnings ending June 22.