Shares of private sector lender Federal Bank Ltd are trading near their record high. The banking stock touched an all-time high of Rs 159.25 in the previous session. However, the stock saw partial profit-booking and closed 2.76% lower at Rs 153.10 on Wednesday.
Indian Hotels share: The hotel stock, which closed at Rs 124.08 on December 10, 2020 rose to a high of Rs 441.55 in Monday's trade, clocking 255.85% returns during the period.
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Shares of Indian Hotels Ltd hit their record high amid a record run in Sensex and Nifty on Wednesday. Indian Hotels shares rose 1.39% to an all-time high of Rs 440.55 against the previous close of Rs 434.50 on BSE. The stock has climbed 254% in the last three years. Total 1.32 lakh shares of the firm changed hands amounting to a turnover of Rs 5.78 crore on BSE. Market cap of the firm rose to Rs 62,320 crore on BSE. The Tata Group’s multibagger stock fell to a 52-week low of Rs 280.20 on January 27, 2023.
The banking shares touched a record high of Rs 158.05, rising 2.59% in early deals today against the previous close of Rs 154.05 on BSE. Market cap of the bank rose to Rs 38,295 crore.