Federal Bank shares gain 1.9% as Sensex rises

Shares of the Federal Bank Ltd. traded at Rs 110.0 on BSE at 12:23PM (IST) on Friday, up 1.9 per cent. The stock quoted a 52-week low price of Rs 77.5 and a high of Rs 111.9.

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

At the prevailing price, the stock traded at 10.14 times its trailing 12-month EPS of Rs 10.85 per share and 1.06 times its book value, as per BSE data.

A total of 478,197 shares changed hands on the counter till 12:23PM (IST). The stock commands a market value of Rs 23159.64 crore and is part of the Banks - Private Sector industry.

The scrip has been an outperformer , up 27.91 per cent in the past one year in comparison with a 8.83 per cent gain in Sensex.

During the day, the stock moved between Rs 110.55 and Rs 107.6.

Promoter/FII Holding
Promoters held 0.0 per cent in the company as of 30-Jun-2022. FII and MF ownership in Federal Bank Ltd. stood at 25.89 per cent and 32.25 per cent, respectively.