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Federal Bank Ltd gained for a third straight session today. The stock is quoting at Rs 199.83, up 1.58% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.13% on the day, quoting at 25777.65. The Sensex is at 84211.69, down 0.1%. Federal Bank Ltd has gained around 2.62% in last one month. Meanwhile, Nifty Bank index of which Federal Bank Ltd is a constituent, has gained around 2.95% in last one month and is currently quoting at 52978.1, down 0.04% on the day. The volume in the stock stood at 73.55 lakh shares today, compared to the daily average of 89.81 lakh shares in last one month. The benchmark October futures contract for the stock is quoting at Rs 200.19, up 1.39% on the day. Federal Bank Ltd is up 32.6% in last one year as compared to a 32% jump in NIFTY and a 19.28% jump in the Nifty Bank index. The PE of the stock is 12.44 based on TTM earnings ending June 24.
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