The Federal Bank is currently trading at Rs 125.25, up by 1.20 points or 0.97% from its previous closing of Rs 124.05 on the BSE.
The scrip opened at Rs 127.00 and has touched a high and low of Rs 129.05 and Rs. 124.10 respectively. So far 1642486 shares were traded on the counter.
The BSE group 'A' stock of face value Rs 2 has touched a 52 week high of Rs 136.00 on 30-Jun-2014 and a 52 week low of Rs 44.25 on 04-Sep-2013.
Last one week high and low of the scrip stood at Rs 125.15 and Rs 111.55 respectively. The current market cap of the company is Rs 10765.20 crore.
The Institutions and Non-Institutions held 64.31% and 33.49% respectively.
Federal Bank has reported results for the quarter ended June 30, 2014
The bank’s net profit for the quarter rose by 91.40% at Rs 202.23 crore as compared to Rs 105.66 crore for the quarter ended June 30, 2013. Its total income has increased by 3.16% to Rs 1928.04 crore for the quarter under review from Rs 1869.05 crore for the corresponding quarter of the previous year.
The bank’s gross NPA for the April-June quarter of the current fiscal stood at 2.22%, as compared to 3.51% in the same quarter of the previous year. Besides, bank’s Net NPA stood at 0.68% in Q1FY15 as compared to 1.91% in the same quarter of the previous year.
