The Federal Bank is currently trading at Rs. 52.25, up by 2.40 points or 4.81% from its previous closing of Rs. 49.85 on the BSE.
The scrip opened at Rs. 51.95 and has touched a high and low of Rs. 53.70 and Rs. 50.55 respectively. So far 3309311 shares were traded on the counter.
The BSE group ‘A’ stock of face value Rs. 2 has touched a 52 week high of Rs. 107.00 on 17-Jul-2019 and a 52 week low of Rs. 35.70 on 25-Mar-2020.
Last one week high and low of the scrip stood at Rs. 56.00 and Rs. 49.35 respectively. The current market cap of the company is Rs. 10367.47 crore.
The Institutions holding in the company stood at 70.41% and Non-Institutions held 29.59% stake in the company.
Federal Bank has reported 4.31% rise in its net profit of Rs 400.77 crore for the quarter ended June 30, 2020 as against Rs 384.21crore for the same quarter in the previous year. Total income of the bank increased by 8.61% at Rs 3932.52 crore for Q1FY21 as compared Rs 3620.82 crore for the corresponding quarter previous year.
On the consolidated basis, the bank has reported 9.43% rise in its net profit of the group at Rs 409.50 crore for the quarter ended June 30, 2020 as against Rs 374.20 crore for the same quarter in the previous year. Total income of the bank increased by 10.62% at Rs 4055.42 crore for Q1FY21 as compared Rs 3666.18 crore for the corresponding quarter previous year.
