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Federal Bank inches higher on the bourses

09 Feb 2012 Evaluate

Federal Bank is currently trading at Rs. 413.00, up by 0.45 points or 0.11% from its previous closing of Rs. 412.55 on the BSE.

The scrip opened at Rs. 411.10 and has touched a high and low of Rs. 415.00 and Rs. 411.00 respectively. So far 66698 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 476.60 on 07-Jul-2011 and a 52 week low of Rs. 322.10 on 28-Dec-2011.

Last one week high and low of the scrip stood at Rs. 425.80 and Rs. 394.65 respectively. The current market cap of the company is Rs. 7064.26 crore.

The Institutions and Non-Institutions held 61.36% and 36.39% stake in the company, respectively. 

Federal Bank has invited applications for the foundation's scholarships for the year 2011-12 through its public charitable trust, Fedbank Hormis Memorial Foundation. The bank has taken this initiative to perpetuate the fond memories of its founder K P Hormis.

Foundation's scholarships program will offer reimbursement of 100% of tuition fees, subject to a maximum of Rs 75,000 a year to the students of Indian origin studying in Kerala and Tamil Nadu in any of the Government/Aided/ self-financing colleges. The courses eligible for the scholarship are Medicine (MBBS); Engineering (BE/ B Tech); Agriculture (BSc); Nursing (BSc) and MBA.

The student should have secured admission under merit list during the academic year 2011-12 for applying for scholarships and family income of the student should be below Rs 2.50 lakh. Ten students in each discipline will be offered the scholarship, of which, one seat will be kept aside for a physically challenged student.

Federal Bank Share Price

297.40 1.80 (0.61%)
22-Apr-2026 12:13 View Price Chart
Peers
Company Name CMP
HDFC Bank 803.70
ICICI Bank 1370.20
Axis Bank 1385.20
Kotak Mahindra Bank 378.75
Indusind Bank 870.00
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