Federal Bank Ltd rose for a third straight session today. The stock is quoting at Rs 155.8, up 1.14% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.55% on the day, quoting at 20800.85. The Sensex is at 69214.22, up 0.51%. Federal Bank Ltd has added around 8.12% in last one month. Meanwhile, Nifty Bank index of which Federal Bank Ltd is a constituent, has added around 7.64% in last one month and is currently quoting at 46431.4, up 1.13% on the day. The volume in the stock stood at 139.51 lakh shares today, compared to the daily average of 116.91 lakh shares in last one month. The benchmark December futures contract for the stock is quoting at Rs 156.6, up 0.9% on the day. Federal Bank Ltd is up 15.58% in last one year as compared to a 11.58% gain in NIFTY and a 8.84% gain in the Nifty Bank index. The PE of the stock is 10.66 based on TTM earnings ending September 23.
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