Federal Bank Ltd dropped for a fifth straight session today. The stock is quoting at Rs 152.65, down 0.97% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.17% on the day, quoting at 20962.2. The Sensex is at 69774.21, down 0.22%.Federal Bank Ltd has eased around 0.16% in last one month.Meanwhile, Nifty Bank index of which Federal Bank Ltd is a constituent, has increased around 7.54% in last one month and is currently quoting at 47314.25, down 0.24% on the day. The volume in the stock stood at 53.81 lakh shares today, compared to the daily average of 119.33 lakh shares in last one month. The benchmark December futures contract for the stock is quoting at Rs 153.5, down 1.1% on the day. Federal Bank Ltd jumped 12.04% in last one year as compared to a 12.65% rally in NIFTY and a 7.4% spurt in the Nifty Bank index. The PE of the stock is 10.68 based on TTM earnings ending September 23.
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