On Friday, Federal Bank Ltd is up for a third straight session. Federal Bank Ltd is quoting Rs 123.45, up 1.15 per cent on the NSE. In 2021, the stock was up 48.2 per cent compared to a 0.45 per cent jump in NIFTY and an 8.45 per cent jump in the Nifty Bank index.
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The benchmark NIFTY is down around 1.19 per cent today; the stock is quoting at 17664. The Sensex is at 59219.54, down 1.19 per cent. In August, Federal Bank Ltd gained around 12.43 per cent. Meanwhile, the Nifty Bank index, of which Federal Bank Ltd is a constituent, gained around 3.92 per cent in August. Currently, the stock is quoting at 41209.2, down 0.49 per cent on Friday morning. The volume in the stock stood at 121.82 lakh shares compared to the daily average of 182.35 lakh shares in August. In September, the futures contract for the stock was quoted at Rs 123.25, up 0.78 per cent on the day. Federal Bank Ltd is up 48.2 per cent in the year 2021 s compared with a 0.45 per cent jump in NIFTY and an 8.45 per cent jump in the Nifty Bank index. The private equity of the stock is 12.12 based on TTM earnings ending June 22.
