Buy Federal Bank Ltd.'s stock with a stoploss of Rs 95 for a target of Rs 101

Federal Bank Ltd. Buy at the target of Rs 101


Today About the stock of Federal Bank Ltd.,Chart Advise's market expert Dr. CK Narayan suggests that the Stock of Federal Bank Ltd. Buy  at the target price of 101.0 because the Federal Bank Ltd. Current market price of Rs. 96.9 and the market expert has fixed its time frame Intra Day, when Federal Bank Ltd. The price can reach its set target. Investors here are advised to take the stoploss Rs 95 and strictly adhere to it.

Federal Bank Ltd., incorporated in the year 1931, is a banking company (Market Cap - Rs 19237.85 crore).

The bank has reported total non-executed assets of Rs 3260.68 crore / Gross NPA (2.92% of total assets) and net non-performing asset / net NPA (1.48% of total assets) of Rs 1626.20 crores.

For the quarter ended 31-03-2019, the reported standalone interest income by the bank is Rs 2413.05 crores, the interest of the last quarter of 1.11% upwards - from Rs 2386.62 crores and 23.68% upward interest income of the same quarter last year - Rs 1951.06 Million In the latest quarter, the bank has a net profit of Rs 381.51 crores after the reported tax.

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