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Federal Bank Ltd is up for a third straight session in a row. The stock is quoting at Rs 132.1, up 2.32% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 1.38% on the day, quoting at 17316.55. The Sensex is at 58790.57, up 1.43%. Federal Bank Ltd has slipped around 1.67% in last one month. Meanwhile, Nifty Bank index of which Federal Bank Ltd is a constituent, has slipped around 0.42% in last one month and is currently quoting at 39910.15, up 1.55% on the day. The volume in the stock stood at 49.31 lakh shares today, compared to the daily average of 85 lakh shares in last one month. The benchmark April futures contract for the stock is quoting at Rs 132.5, up 2.04% on the day. Federal Bank Ltd is up 30.02% in last one year as compared to a 2% fall in NIFTY and a 9.1% fall in the Nifty Bank index. The PE of the stock is 10.32 based on TTM earnings ending December 22.
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