Federal Bank Ltd gained for a third straight session today. The stock is quoting at Rs 90.95, up 2.48% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.58% on the day, quoting at 12253.35. The Sensex is at 41541.48, up 0.57%. Federal Bank Ltd has gained around 5.63% in last one month.
Meanwhile, Nifty Bank index of which Federal Bank Ltd is a constituent, has gained around 1.98% in last one month and is currently quoting at 32102.9, up 0.43% on the day. The volume in the stock stood at 66.97 lakh shares today, compared to the daily average of 77.02 lakh shares in last one month.
The benchmark January futures contract for the stock is quoting at Rs 91.15, up 2.3% on the day. Federal Bank Ltd is down 1.14% in last one year as compared to a 14.82% jump in NIFTY and a 19.59% jump in the Nifty Bank index.
The PE of the stock is 11.66 based on TTM earnings ending September 19.