Earlier in the day, the stock saw a gap up opening.
At the prevailing price, the stock traded at 11.19 times its trailing 12-month EPS of Rs 7.67 per share and 0.92 times its book value, as per BSE data.
A total of 339,860 shares changed hands on the counter till 12:19PM (IST). The stock commands a market value of Rs 18038.2 crore and is part of the Banks – Private Sector industry.
The scrip has been an outperformer , up 64.48 per cent in the past one year in comparison with a 60.38 per cent gain in Sensex.
During the day, the stock moved between Rs 87.0 and Rs 85.55.
Promoter/FII Holding
Promoters held 0.0 per cent in the company as of 27-Jul-2021. FII and MF ownership in Federal Bank Ltd. stood at 27.18 per cent and 31.58 per cent, respectively.
