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The Federal Bank is currently trading at Rs. 153.50, up by 1.00 points or 0.66 % from its previous closing of Rs. 152.50 on the BSE.

The scrip opened at Rs. 153.55 and has touched a high and low of Rs. 153.70 and Rs. 151.30 respectively. So far 460369 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 166.65 on 19-Feb-2024 and a 52 week low of Rs. 120.90 on 26-Jun-2023.

Last one week high and low of the scrip stood at Rs. 156.75 and Rs. 150.95 respectively. The current market cap of the company is Rs. 37382.65 crore.

The Institutions and Non-Institutions held 73.91% and 26.09% stake in the bank respectively.

Federal Bank’s gross advances stood at Rs 2,12,758 crore (provisional) as of March 31, 2024 (Q4FY24), posting a 19.9% rise in year-on-year (YoY) terms against Rs 1,77,377 crore as of March 31, 2023. Total deposits grew 18.4% to Rs 2,52,583 crore (provisional) as of March 31, 2024, as compared to Rs 2,13,386 crore as of March 31, 2023.

CASA stood at Rs 74,249 crore (provisional) as of March 31, 2024, posting a 6.5% rise in year-on-year terms against Rs 69,741 crore as of March 31, 2023. Customer deposits stood at Rs 2,40,072 crore (provisional) as of March 31, 2024, posting a 18.8% rise in year-on-year terms against Rs 2,02,133 crore as of March 31, 2023. CASA Ratio stood at 29.40% as of March 31, 2024 versus 32.68% as of March 31, 2023.

Federal Bank is a major Indian commercial bank in the private sector headquartered at Aluva, Kerala having more than thousand branches and ATMs spread across different States in India. It offers personal, corporate, NRI, SME banking, online banking services to its customers.