Earlier in the day, the stock saw a gap up opening.
At the prevailing price, the stock traded at 10.19 times its trailing 12-month EPS of Rs 8.34 per share and 0.55 times its book value, as per BSE data.
A total of 332,126 shares changed hands on the counter till 11:17AM (IST). The stock commands a market value of Rs 16957.32 crore and is part of the Banks – Private Sector industry.
The scrip has been an underperformer , up 50.58 per cent in the past one year in comparison with a 55.55 per cent gain in Sensex.
During the day, the stock moved between Rs 85.7 and Rs 84.6.
Promoter/FII Holding
Promoters held 0.0 per cent in the company as of 31-Mar-2021. FII and MF ownership in Federal Bank Ltd. stood at 24.15 per cent and 29.78 per cent, respectively.
