The Economic Times daily newspaper is available online now.

    Federal Bank shares drop 0.7% as Sensex falls

    Synopsis

    A total of 174,987 shares changed hands on the counter till 11:32AM (IST)

    A man walks past the Bombay Stock Exchange (BSE) building in MumbaiReuters
    Stocks in focus: RIL, Tata Motors, Infosys, IIFL Securities, Apollo Hospitals, Punjab National Bank, NBCC and more..
    Shares of the Federal Bank Ltd. traded at Rs 106.25 on BSE at 11:32AM (IST) on Monday, down 0.7 per cent. The stock quoted a 52-week low price of Rs 77.5 and a high of Rs 109.4.

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

    At the prevailing price, the stock traded at 9.78 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 174,987 shares changed hands on the counter till 11:32AM (IST). The stock commands a market value of Rs 22318.23 crore and is part of the Banks - Private Sector industry.

    The scrip has been an outperformer , up 24.41 per cent in the past one year in comparison with a 6.57 per cent gain in Sensex.

    During the day, the stock moved between Rs 107.95 and Rs 106.1.

    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.



    (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


    (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
    The Economic Times

    Stories you might be interested in