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Federal Bank share rises 6% after lender reports highest ever quarterly profit
Federal Bank stock touched an intraday high of Rs 86.4 rising 5.82% on BSE. Market cap of the bank rose to Rs 16,968 crore on BSE
BusinessToday.In | May 18, 2021 | Updated 13:18 IST
Federal Bank share is trading higher than 5 day, 20 day, 50 day, 100 day and 200 day moving averages.
Federal Bank share rose nearly 6% today after the lender reported its highest ever net profit in Q4. Federal Bank stock touched an intraday high of Rs 86.4 rising 5.82% on BSE. Market cap of the bank rose to Rs 16,968 crore on BSE.
The stock has gained 6.34% in the last 2 days. Federal Bank share is trading higher than 5 day, 20 day, 50 day, 100 day and 200 day moving averages. Federal Bank share has risen 114.38% in one year and gained 27.44% since the beginning of this year.
Shyam-srinivasan
Federal-bank
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