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    Federal Bank shares drop 0.22% as Sensex falls

    Synopsis

    A total of 378,707 shares changed hands on the counter till 01:27PM (IST)

    macdGetty Images
    MACD is known for signaling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages.
    Shares of the Federal Bank Ltd. traded at Rs 137.4 on BSE at 01:27PM (IST) on Wednesday, down 0.22 per cent. The stock quoted a 52-week low price of Rs 82.5 and a high of Rs 142.25.

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

    At the prevailing price, the stock traded at 11.57 times its trailing 12-month EPS of Rs 11.86 per share and 1.06 times its book value, as per BSE data.

    A total of 378,707 shares changed hands on the counter till 01:27PM (IST). The stock commands a market value of Rs 28870.67 crore and is part of the Banks - Private Sector industry.

    The scrip has been an outperformer , up 65.54 per cent in the past one year in comparison with a 7.91 per cent gain in Sensex.

    During the day, the stock moved between Rs 139.05 and Rs 134.85.

    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.



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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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