Federal Bank surges on reporting 38% jump in Q4 net profit

11 May 2012 Evaluate

Federal Bank is currently trading at Rs. 414.40, up by 6.10 points or 1.49% from its previous closing of Rs. 408.30 on the BSE.

The scrip opened at Rs. 406.50 and has touched a high and low of Rs. 417.85 and Rs. 405.45 respectively. So far 50331 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 480.00 on 14-Feb-2012 and a 52 week low of Rs. 322.10 on 28-Dec-2011.

Last one week high and low of the scrip stood at Rs. 417.85 and Rs. 398.75 respectively. The current market cap of the company is Rs. 7088.21 crore.

The Institutions and Non-Institutions held 63.08% and 34.50% stake in the company respectively.

Federal Bank has registered a growth of 38.38% in its net profit at Rs 237.63 crore for the fourth quarter ended March 31, 2012 as compared to Rs 171.72 crore for the same quarter in the previous year. Total income has increased by 32.09% at Rs 1639.57 crore for quarter under review as compared Rs 1241.21 crore for the quarter ended March 31, 2011

For the full year ended March 31, 2012, the bank has posted a rise of 32.314% in its net profit at Rs 776.79 crore for the year ended March 31, 2012 as compared to Rs 587.08 crore for the same period in the previous year. Total income has increased by 33.31% at Rs 6090.73 crore for year under review as compared to Rs 4568.84 crore for the period ended March 31, 2011.

Federal Bank Share Price

194.05 -6.90 (-3.43%)
20-Dec-2024 16:59 View Price Chart
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