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    Federal Bank shares gain 0.39% as Sensex falls

    Synopsis

    A total of 117,298 shares changed hands on the counter till 12:10PM (IST)

    NiftyGetty Images
    Nagaraj Shetti, Technical Research Analyst at HDFC Securities, believes Monday's pattern could be considered as a High Wave, which reflects high volatility in the market at swing highs.
    Shares of the Federal Bank Ltd. traded at Rs 127.95 on BSE at 12:10PM (IST) on Tuesday, up 0.39 per cent. The stock quoted a 52-week low price of Rs 82.5 and a high of Rs 143.35.

    Earlier in the day, the stock saw a gap up opening.

    At the prevailing price, the stock traded at 12.23 times its trailing 12-month EPS of Rs 10.46 per share and 1.25 times its book value, as per BSE data.

    A total of 117,298 shares changed hands on the counter till 12:10PM (IST). The stock commands a market value of Rs 27034.78 crore and is part of the Banks - Private Sector industry.

    The scrip has been an outperformer , up 49.91 per cent in the past one year in comparison with a 14.39 per cent gain in Sensex.

    During the day, the stock moved between Rs 128.45 and Rs 127.05.

    Promoter/FII Holding
    Promoters held 0.0 per cent in the company as of 31-Dec-2022. FII and MF ownership in Federal Bank Ltd. stood at 26.61 per cent and 33.59 per cent, respectively.



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    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

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    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
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