Federal Bank Ltd is experiencing its third consecutive session of gains, trading at ₹313.85, representing a 3.04% increase as of 12:49 IST on the NSE. According to reports from Business Standard, the stock has demonstrated strong momentum with 7.32% gains recorded over the past month. The benchmark NIFTY is up 0.35% on the day, quoting at 23,203.25, while the Sensex stands at 73,727.01, up 0.28%.
As reported by Business Standard, Federal Bank Ltd has gained 48.74% over the past year, significantly outperforming the broader market indices. The NIFTY has declined 7.57% during the same period, while the Nifty Bank index has fallen 2.91%. The Nifty Bank index is currently up 1.69% on the day, quoting at 54,063.75, with a 0.99% gain recorded over the past month.
According to Business Standard, the stock's volume stood at 85.74 lakh shares today, compared to the daily average of 204.66 lakh shares in the last month. The benchmark June futures contract for Federal Bank is quoting at ₹315.4, up 3% on the day. The stock's PE ratio stands at 18.26 based on TTM earnings ending March 2026.
Central Bank of India is also experiencing its third consecutive session of gains, trading at ₹31.06, up 2.07% as of 12:49 IST on the NSE. However, the stock has slipped 22.64% in the last one year, significantly underperforming the broader market indices. The NIFTY has gained 7.57% during the same period, while the Nifty PSU Bank index has jumped 17.79%. The stock's PE ratio stands at 6.3 based on TTM earnings ending March 2026, with trading volume at 110.26 lakh shares today, compared to the daily average of 179.04 lakh shares in the last month.
