Federal Bank is currently trading at Rs 66.65, up by 0.65 points or 0.98% from its previous closing of Rs 66.00 on the BSE.
The scrip opened at Rs 66.80 and has touched a high and low of Rs 67.25 and Rs 66.00 respectively. So far 395623 shares were traded on the counter.
The BSE group 'A' stock of face value Rs 2 has touched a 52 week high of Rs 70.00 on 27-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 67.25 and Rs 59.60 respectively. The current market cap of the company is Rs 11502.67 crore.
The Institutions and Non-Institutions hold 43.98% and 56.02% stake respectively in the bank.
Federal Bank has reported 18.33% rise in its net profit at Rs 167.31 crore for the quarter ended June 30, 2016 as compared to Rs 141.39 crore for the same quarter in the previous year. Total income of the bank has increased by 6.82% at Rs 2250.81 crore for quarter under review as compared to Rs 2107.09 crore for the quarter ended June 30, 2015.
The bank’s gross NPA for the April-June quarter of the current fiscal increased to 2.92%, as compared to 2.59% in the same quarter of the previous year. Besides, bank’s Net NPA stood at 1.68% in Q1FY17.
