Federal Bank rises 0.81% as Sensex climbs

Shares of Federal Bank Ltd. traded at Rs 178.75 on BSE at 11:52AM (IST) on Monday, up 0.81 per cent from previous close.

The scrip quoted a 52-week low price of Rs 122.2 and a high of Rs 179.8.

Earlier, the stock saw a opening in the morning.

A total of 290,234 lakh shares changed hands on the counter till 11:52AM (IST).

The stock of Federal Bank Ltd. commanded a market value of Rs 43178.79 crore, according to BSE.

The stock traded at a price-to-earning (P/E) multiple of 11.13, while the price-to-book value ratio stood at 1.18. Return on equity (ROE) was at 14.3 per cent, according to exchange data.

In the BSE500 pack, 388 stocks traded in the green, while 113 stocks were in the red.

The stock's beta value, which measures volatility in relation to the broader market, stood at 1.25.

Promotor/FII Holding
Promoters held 0.0 per cent in Federal Bank Ltd. as of 31-Mar-2024 while overseas and domestic institutional investors owned 28.29 per cent and 34.52 per cent, respectively.

Moving averages
The 200-DMA of the stock stood at 153.6 on July 01, while the 50-DMA was at 165.03. If a stock trades below 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered as bearish trend and if trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.