Shares of Federal Bank Ltd. traded at Rs 165.3 on BSE at 12:07PM (IST) on Monday, up 2.06 per cent from previous close.
The stock quoted a 52-week low price of Rs 120.9 and a high of Rs 170.25.
Earlier, the stock saw a gap up opening in the morning.
A total of 592,569 lakh shares changed hands on the counter till 12:07PM (IST).
The stock of Federal Bank Ltd. commanded a market value of Rs 40232.01 crore, according to BSE.
The stock traded at a price-to-earning (P/E) multiple of 10.37, while the price-to-book value ratio stood at 1.18. Return on equity (ROE) was at 14.3 per cent, according to exchange data.
In the BSE500 pack, 399 stocks traded in the green, while 102 stocks were in the red.
The stock’s beta value, which measures volatility in relation to the broader market, stood at 1.25.
Promotor/FII Holding
Promoters held 0.0 per cent in Federal Bank Ltd. as of 31-Mar-2024 while foreign and domestic institutional investors owned 28.29 per cent and 34.52 per cent, respectively.
Moving averages
The 200-DMA of the stock stood at 150.54 on June 03, while the 50-DMA was at 157.61. If a stock trades below 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered as bearish trend and if trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.
