Federal Bank Ltd is up for a third straight session in a row. The stock is quoting at Rs 132.4, up 3.8% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.35% on the day, quoting at 19390.4. The Sensex is at 65529.2, up 0.5%. Federal Bank Ltd has added around 4.01% in last one month. Meanwhile, Nifty Bank index of which Federal Bank Ltd is a constituent, has added around 3.02% in last one month and is currently quoting at 45158.1, up 0.61% on the day. The volume in the stock stood at 269.92 lakh shares today, compared to the daily average of 101.82 lakh shares in last one month. The benchmark July futures contract for the stock is quoting at Rs 132.95, up 3.99% on the day. Federal Bank Ltd is up 40.03% in last one year as compared to a 22.64% gain in NIFTY and a 34.35% gain in the Nifty Bank index. The PE of the stock is 8.98 based on TTM earnings ending March 23.
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