Today, Federal Bank Ltd has quoted Rs 121, up 1.89 per cent on NSE. The bank’s stock hit a high 46.05 per cent in FY22 compared to a 1.39 per cent jump in NIFTY and a 7.17 per cent jump in the Nifty Bank index.
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Around 0.12 per cent, the benchmark NIFTY is quoting at 17564.15. The Sensex is at 58883.55, up 0.2 per cent. Federal Bank Ltd gained around 11.01 per cent in August 2022. Currently, the stock stood at 39301.25, up 0.24 per cent. The company’s volume in the stock at 152.33 lakh shares as compared to the average of day-to-day data of 133.05 lakh shares.
In September, the futures contract for the stock is quoted at Rs 121.65, up 2.1 per cent, today. In 2021, Federal Bank Ltd was up 46.05 per cent compared to a 1.39 per cent jump in NIFTY and a 7.17 per cent jump in the Nifty Bank index. The stock’s private equity (PE) is 11.78 based on TTM earnings ending June 22.
