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Federal Bank shines on reporting 5% rise in Q2 net profit

21 Oct 2013 Evaluate

The Federal Bank is currently trading at Rs 80.30, up by 8.95 points or 12.54% from its previous closing of Rs 71.35 on the BSE.

The scrip opened at Rs 73.20 and has touched a high and low of Rs. 85.00 and Rs 72.75 respectively. So far 1411650 shares were traded on the counter.

The BSE group 'A' stock of face value Rs 2 has touched a 52 week high of Rs 110.15 on 02-Jan-2013 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 71.95 and Rs 65.40 respectively. The current market cap of the company is Rs 13967.24 crore.

The Institutions and Non-Institutions held 64.71 % and 32.83 % respectively.

Federal Bank has reported results for the second quarter ended September 30, 2013.

The Bank has reported rise of 4.98% in its net profit at Rs 225.81 crore for the quarter as compared to Rs 215.10 crore for the same quarter in the previous year. Total income from operation of the bank has increased by 11.58% at Rs 1857.84 crore for quarter under review as compared to Rs 1665.04 crore for the quarter ended September 30, 2012.

Gross non-performing assets (NPAs) have decreased to 3.39% in the July-September quarter as against 3.83% in the same quarter previous year; however net NPAs increased to 0.98%.

Federal Bank Share Price

293.10 0.55 (0.19%)
06-May-2026 16:59 View Price Chart
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