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Federal Bank Ltd is up for a fifth straight session in a row. The stock is quoting at Rs 123.75, up 0.16% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.24% on the day, quoting at 17708.45. The Sensex is at 59371.23, up 0.21%. Federal Bank Ltd has gained around 12.96% in last one month. Meanwhile, Nifty Bank index of which Federal Bank Ltd is a constituent, has gained around 4.55% in last one month and is currently quoting at 39805.75, up 0.43% on the day. The volume in the stock stood at 101.95 lakh shares today, compared to the daily average of 167.57 lakh shares in last one month. The benchmark September futures contract for the stock is quoting at Rs 124.2, up 0.24% on the day. Federal Bank Ltd is up 51.75% in last one year as compared to a 1.99% jump in NIFTY and a 9.62% jump in the Nifty Bank index. The PE of the stock is 12.26 based on TTM earnings ending June 22.
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