Federal Bank Ltd
FEDERALBNK

84.10

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)

84.05

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)

84.50

Open ()
Open Interest
(Contracts)
VWAP ()
Day's Vol
(shares)
Detailed Quote

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Accumulate
Reco. Price
Rs 83.90
We recommend ACCUMULATE based on increase in market share through continued loan growth momentum due to healthy capitalization. Combined with stable NIM we see FY18E RoE increasing to 9.7% from the 6.1% in FY16. However, we see limited upside as it is trading at 1.7x FY18E BVPS (Target Price- Rs.91.2)
Detailed View
50 DMA (.)
74.83
100 DMA (.)
74.17
200 DMA (.)
67.80
Weekly Range (.)
82.65
87.25
Monthly Range (.)
75.45
87.25
52 Weeks Range (.)
42.40
87.25
Detailed Chart