Federal Bank rises on getting nod for Rs 148 crore capital investment into subsidiary
The Federal Bank is currently trading at Rs. 84.80, up by 0.45 points or 0.53% from its previous closing of Rs. 84.35 on the BSE.
The scrip opened at Rs. 84.50 and has touched a high and low of Rs. 85.40 and Rs. 83.50 respectively. So far 542100 shares were traded on the counter.
The BSE group ‘A’ stock of face value Rs. 2 has touched a 52 week high of Rs. 92.40 on 04-Mar-2021 and a 52 week low of Rs. 36.85 on 22-May-2020.
Last one week high and low of the scrip stood at Rs. 86.40 and Rs. 77.65 respectively. The current market cap of the company is Rs. 16818.57 crore.
Federal Bank to invest Rs 148 cr in subsidiary - Fedbank Financial Services
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