Federal Bank is currently trading at Rs. 53.40, up by 0.65 points or 1.23% from its previous closing of Rs. 52.75 on the BSE.
The scrip opened at Rs. 53.30 and has touched a high and low of Rs. 53.75 and Rs. 53.00 respectively. So far 211543 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 79.73 on 03-Jul-2015 and a 52 week low of Rs. 41.35 on 12-Feb-2016.
Last one week high and low of the scrip stood at Rs. 53.75 and Rs. 49.20 respectively. The current market cap of the company is Rs. 9197.82 crore.
The institutions and non-institutions held 42.20% and 57.80% stake in the bank, respectively.
Federal Bank has introduced bill payments facility through its mobile app -- FedMobile. The bank has added 300 large merchants spread across the country, thereby giving absolute comfort to the customers to pay their utility bills. The features include facility for payment of electricity bills, telecom, gas, insurance, mutual funds and donations.
In addition to this, customers can now plan and schedule their periodical payments. The improved version of FedMobile brings forth ‘a push notification feature’ wherein the customers will be receiving information from the bank on new products and offers, instantaneously.
