Federal Bank Ltd rose for a third straight session today. The stock is quoting at Rs 121, up 1.89% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.12% on the day, quoting at 17564.15. The Sensex is at 58883.55, up 0.2%. Federal Bank Ltd has gained around 11.01% in last one month.

Meanwhile, Nifty Bank index of which Federal Bank Ltd is a constituent, has gained around 3.7% in last one month and is currently quoting at 39301.25, up 0.24% on the day. The volume in the stock stood at 152.33 lakh shares today, compared to the daily average of 133.05 lakh shares in last one month.

The benchmark September futures contract for the stock is quoting at Rs 121.65, up 2.1% on the day. Federal Bank Ltd is up 46.05% in last one year as compared to a 1.39% jump in NIFTY and a 7.17% jump in the Nifty Bank index.

The PE of the stock is 11.78 based on TTM earnings ending June 22.