Federal Bank is currently trading at Rs. 409.50, up by 3.30 points or 0.81% from its previous closing of Rs. 406.20 on the BSE.
The scrip opened at Rs. 411.00 and has touched a high and low of Rs. 417.70 and Rs. 408.50 respectively. So far 20400 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. 417.70 and Rs. 400.15 respectively. The current market cap of the company is Rs. 7012.95 crore.
The Institutions holding in the company stood at 64.59% while Non-Institutions held 33.03%.
Federal Bank, a Kerala-based private sector bank has inked pact with Infosys Technologies arm Finacle to reinforce the bank’s existing authentication system for its corporate and retail Internet banking customers. It has integrated and implemented Finacle enabled Two Factor Authentication (2FA) solution that ensures mutual strong authentication between the bank and the end-user that will enable an easy and transparent user login.
2FA solution wires both retail and corporate Internet banking channels across multiple form factors like hardware token, software credential and one time password. It also supports public key infrastructure, and dynamic passcodes, which protects customers against existing and emerging security threats such as phishing, replay attacks, man-in-the-middle among others.
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.
| Company Name | CMP |
|---|---|
| HDFC Bank | 1772.05 |
| ICICI Bank | 1285.70 |
| Axis Bank | 1072.10 |
| Kotak Mahindra Bank | 1743.55 |
| Indusind Bank | 930.00 |
| View more.. | |
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Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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