Earlier in the day, the stock saw a gap up opening.
At the prevailing price, the stock traded at 10.45 times its trailing 12-month EPS of Rs 8.34 per share and 0.92 times its book value, as per BSE data.
A total of 200,164 shares changed hands on the counter till 10:57AM (IST). The stock commands a market value of Rs 17386.49 crore and is part of the Banks – Private Sector industry.
The scrip has been an outperformer , up 70.88 per cent in the past one year in comparison with a 49.09 per cent gain in Sensex.
During the day, the stock moved between Rs 87.55 and Rs 86.5.
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.
