Earlier in the day, the stock saw a gap up opening.
At the prevailing price, the stock traded at 10.88 times its trailing 12-month EPS of Rs 8.07 per share and 0.92 times its book value, as per BSE data.
A total of 912,464 shares changed hands on the counter till 10:56AM (IST). The stock commands a market value of Rs 17527.37 crore and is part of the Banks – Private Sector industry.
The scrip has been an outperformer , up 57.68 per cent in the past one year in comparison with a 38.78 per cent gain in Sensex.
During the day, the stock moved between Rs 88.4 and Rs 87.05.
Promoter/FII Holding
Promoters held 0.0 per cent in the company as of 30-Jun-2021. FII and MF ownership in Federal Bank Ltd. stood at 23.7 per cent and 32.12 per cent, respectively.