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Federal Bank trades higher on the bourses

07 Dec 2011 Evaluate

Federal Bank is currently trading at Rs 399.00, up by 3.40 points or 0.86% from its previous closing of Rs 395.60 on the BSE.

The scrip opened at Rs 394.30 and has touched a high and low of Rs 405.70 and Rs 394.00 respectively. So far 15413 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 326.00 on 25-Feb-2011.

Last one week high and low of the scrip stood at Rs 405.70 and Rs 351.00 respectively. The current market cap of the company is Rs 6766.64 crore.

The Institutions and Non-Institutions held 61.74% and 36.34% stake in the company respectively. 

Kerala-based old-generation private lender - Federal Bank has introduced an exclusive loyalty programme- Utsav Rewards for the bank's debit card holders. Under this scheme customers will be facilitated with the points accumulated over transactions, and will assist them in redeeming the same for a wide range of consumer products.

Customers will get one Utsav point for every hundred rupees spent through their Federal Bank debit cards at point-of-sale terminals and e-commerce model and these points can be redeemed against two million merchandise items, which include electronic, entertainment, music, sports and family products, discount and gift vouchers as well as air/bus/movie tickets. Over 33 lakh customers will benefit from this scheme.

The customers will be able to access the simple registration and redeeming process, which can be accessed through its website. The Utsav points are valid for 36 months from the month of accrual, and the introductory offer comes with two Utsav points on every Rs 100 spent at Federal Bank PoS terminals. 

Federal Bank Share Price

297.30 0.20 (0.07%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
HDFC Bank 781.20
ICICI Bank 1264.80
Axis Bank 1269.40
Kotak Mahindra Bank 380.75
Indusind Bank 949.85
View more..

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