Federal Bank rises on inking pact with NSDL for sharing the online platform

17 Dec 2014 Evaluate

Federal Bank is currently trading at Rs. 135.00, up by 0.80 points or 0.60% from its previous closing of Rs. 134.20 on the BSE.

The scrip opened at Rs. 133.05 and has touched a high and low of Rs. 135.65 and Rs. 131.35 respectively. So far 84558 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 153.00 on 01-Dec-2014 and a 52 week low of Rs. 72.45 on 20-Feb-2014.

Last one week high and low of the scrip stood at Rs. 144.50 and Rs. 133.35 respectively. The current market cap of the company is Rs. 11348.71 crore.

The institutions and non-institutions held 64.70% and 33.29% stake in the company, respectively.

Federal Bank has inked partnership pact with NSDL e-Governance Infrastructure & Warmond Trustees and Executors for sharing the online platform -- EzeeWill -- to offer innovative professional solution for online preparation of will and allied services to its customers.  This will facilitate the bank's customers to plan for a legacy by creating a will online.

Federal bank has been at the forefront in offering value added services through online platform. This new initiative is aimed at improving digital banking experience for the Bank’s customers.

Federal Bank Share Price

196.90 2.85 (1.47%)
23-Dec-2024 16:59 View Price Chart
Peers
Company Name CMP
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