Federal Bank rises on reporting 30% jump in Q1 net profit

02 Aug 2012 Evaluate

Federal Bank is currently trading at Rs. 409.90, up by 0.55 points or 0.13 % from its previous closing of Rs. 409.35 on the BSE.

The scrip opened at Rs. 410.75 and has touched a high and low of Rs. 410.75 and Rs. 404.70 respectively. So far 4933 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. 418.00 and Rs. 396.00 respectively. The current market cap of the company is Rs. 7011.24 crore.

The Institutions and Non-Institutions held 64.59% and 33.03% stake in the bank, respectively.

Federal Bank has reported results for first quarter ended June 30, 2012.

The bank has posted a rise of 30.23% in its net profit at Rs 190.35 crore for Q1FY13 as compared to Rs 146.16 crore for the same quarter in the previous year. Total income has increased by 21.99% at Rs 1661.04 crore for quarter under review as compared to Rs 1361.61 crore for the quarter ended June 30, 2011.

Gross non-performing assets (NPAs) improved to 3.60% in the April-June quarter as against 3.90% in the same quarter previous year while, net NPAs decreased to 0.62%.

Federal Bank Share Price

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