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Federal Bank Ltd. Stock Quotes & Charts

BSE Script Code: 500469
Face Value: 2
BSE Script ID: FEDERALBNK
ISIN Number: INE171A01029
Industry: Private Sector Bank
FEDERAL BANK LTD. BSE Stock Quotes
BSE
Arrow
118.6
5.50 (4.86%)
Day Open111.35
Day High - Low119.5 - 111.35
Previous Day Close113.1
Total Traded Shares1168583
Total Number of Trades7509
Net Turnover (Rs)135842352

FEDERAL BANK LTD. Stock Charts


NSE Symbol: FEDERALBNK
Face Value: 2
ISIN Number: INE171A01029
Industry: -
First Listing Date: 2/8/1995
The Federal Bank Limited NSE Stock Quotes
NSE
Arrow
118.75
5.75 (5.09%)
Day Open112.7
Day High - Low119.5 - 111.4
Previous Day Close113
Total Traded Shares17967686
Total Number of Trades54655
Net Turnover (Rs)2089726534.55

The Federal Bank Limited Stock Charts


1 Comments

1. AMN Capital   I Like It. | Report Abuse |   Link | Aug 16, 2022 11:06:38 AM Reply
The stock of Federal Bank has given good returns in recent months. The stock is up 23 percent over the last two months, a large outperformance when compared to the 6.6 percent gain made by Nifty Bank Index over the same period.

Federal Bank reported its June 2022 quarter results last month and the results were satisfactory which could be one of the reasons for the stock’s recent outperformance. The June 2022 quarter results exhibited a positive trend in earnings growth and asset quality metrics which were evident in the previous quarter too.

Despite the recent gains, the stock price performance of Federal Bank over the last five years was a big disappointment. The stock price has remained unchanged over the last five years. The current market price is the same as it was five years ago (in 2017). Meanwhile, major business parameters of Federal Bank grew at reasonable rate during the five-year period.

In the case of Federal Bank, I find three recent developments that have the potential to change investor perception regarding Federal Bank for the better. This could result in the stock of Federal Bank outperform the general market over the next 1 – 2 years. They are:

Lower Provisions and Improving Asset Quality
Higher Dividend payment for FY2021-22
High growth in Advance in June 2022 quarter

Read More
https://amncapital.in/2022/08/03/three-reasons-why-federal-bank-may-outperform-in-the-medium-term/