Federal Bank rises 0.63% as Sensex climbs

Shares of Federal Bank Ltd. traded at Rs 135.15 on BSE at 10:41AM (IST) on Monday, up 0.63 per cent from previous close.

The scrip quoted a 52-week low price of Rs 82.5 and a high of Rs 143.35.

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

A total of 199,128 lakh shares changed hands on the counter till 10:41AM (IST).

The stock of Federal Bank Ltd. commanded a market value of Rs 28567.85 crore, according to BSE.

The stock traded at a price-to-earning (P/E) multiple of 10.21, while the price-to-book value ratio stood at 1.06. Return on equity (ROE) was at 10.23 per cent, according to exchange data.

In the BSE500 pack, 267 stocks traded in the green, while 234 stocks were in the red.

The stock's beta value, which measures volatility in relation to the broader market, stood at 1.25.

Promotor/FII Holding
Promoters held 0.0 per cent in Federal Bank Ltd. as of 31-Dec-2022 while overseas and domestic institutional investors owned 25.89 per cent and 32.25 per cent, respectively.

Moving averages
The 200-DMA of the stock stood at 113.61 on January 23, while the 50-DMA was at 134.57. If a stock trades below 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered as bearish trend and if trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.