Federal Bank Share Price

Shares of Federal Bank rose nearly 7% to trade at Rs 127.45 apiece in early trade on September 5.

Shares of Federal Bank remained in focus on Monday as the private sector lender is holding talks for the merger with Kotak Mahindra Bank. The stock price increased by more than 3% before settling at Rs 123.55. [Edited By: DNA Web Team](/authors/dna-web-team/20228)

Federal Bank Ltd., incorporated in the year 1931, is a banking company (having a market cap of Rs 25767.99 Crore).

[Sensex](https://economictimes.indiatimes.com/indices/sensex_30_companies)and [Nifty](https://economictimes.indiatimes.com/indices/nifty_50_companies)Track [latest market news](https://economictimes.indiatimes.com/markets/stocks), [stock tips](https://economictimes.indiatimes.com/markets/stocks/recos)and [expert advice](https://economictimes.indiatimes.com/markets/expert-view)on [ETMarkets](https://economictimes.indiatimes.com/markets). For fastest news alerts on financial markets, investment strategies and stocks alerts, [subscribe to our Telegram feeds](https://t.me/joinchat/J60pKE7SOStsj5sI8nDmHQ).) The bank reported net profit after tax of Rs 634.22 Crore in latest quarter. The current market price of [RBI Data Hint at Strong Consumption Revival](/epaper/delhicapital/2022/sep/06/et-front/rbi-data-hint-at-strong-consumption-revival/articleshow/94013460.cms) [‘Govt Policies Making India a Much More Attractive Market’](/epaper/delhicapital/2022/sep/06/et-front/govt-policies-making-india-a-much-more-attractive-market/articleshow/94013462.cms)

The brokerage has increased its target price on the bank stock to ₹149 per share.

The news report of a merger between Federal Bank and another private bank is speculative in nature, the bank said.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. In Q1FY23, Federal Bank reported the highest-ever net profit of Rs 601 crore, up 64 per cent year-on-year (YoY) from Rs 367 crore in Q1FY22. The focus on high yield products (CV/CE, micro & personal loans) to aid margins, analysts at ICICI Securities had said in their result update. At 12:03 pm, Federal Bank was trading nearly 4 per cent higher at Rs 123.90, as compared to 0.63 per cent rise in the S&P BSE Sensex. [Federal Bank](/topic/federal-bank) hit a record high of Rs 129.70 as they rallied 9 per cent on the BSE in Monday's intra-day trade amid heavy volumes. In comparison, the S&P BSE Sensex has gained 6 per cent during the same period.

We wish to clarify categorically that the news report of a merger between Federal Bank and another private bank is speculative in nature, Federal Bank said ...

[Federal Bank](/topic/federal-bank)and another private bank is speculative in nature, Federal Bank said in a release. [Federal Bank shares](/topic/federal-bank-shares)on Monday touched a fresh 52-week high of Rs 129.75, surging nearly 8 per cent during intraday trade after the private lender denied a news report suggesting it is in merger talks with [Kotak Mahindra Bank](/topic/kotak-mahindra-bank). “In this regard, we would like to state that there is no information available with the Company as of today,” the bank added.

Federal Bank said in a release that we wish to clarify categorically that the news report of a merger between Federal Bank and another private bank is ...

[Sensex](https://economictimes.indiatimes.com/indices/sensex_30_companies)and [Nifty](https://economictimes.indiatimes.com/indices/nifty_50_companies)Track [latest market news](https://economictimes.indiatimes.com/markets/stocks), [stock tips](https://economictimes.indiatimes.com/markets/stocks/recos)and [expert advice](https://economictimes.indiatimes.com/markets/expert-view)on [ETMarkets](https://economictimes.indiatimes.com/markets). For the June quarter, Federal Bank's interest earned rose by 8.14 per cent year-on-year (YoY) to Rs 3,628.86 crore against Rs 3,355.71 crore in the corresponding quarter last year. For fastest news alerts on financial markets, investment strategies and stocks alerts, [subscribe to our Telegram feeds](https://t.me/joinchat/J60pKE7SOStsj5sI8nDmHQ).) Net interest income (NII) came in at Rs 1,605 crore compared with Rs 1,418 crore YoY. At 11.38 am, the scrip was trading 3.39 per cent higher at Rs 123.50 over the last day’s closing of Rs 119.45 a piece. [SBI, HDFC Bank to Raise up to ₹10kcr via AT-1 Bonds](/epaper/delhicapital/2022/sep/05/et-front/sbi-hdfc-bank-to-raise-up-to-10kcr-via-at-1-bonds/articleshow/93990640.cms)

Federal Bank-Kotak Mahindra Bank Merger on Cards? 'Speculative', Says Federal Bank; We wish to clarify categorically that the news report of a merger ...

The report said that Federal Bank was in preliminary talk with Kotak Bank for potential merger deal. “We wish to clarify categorically that the news report of a merger between Federal Bank and another private bank is speculative in nature. Kotak Mahindra Bank-Federal Bank Merger: Private sector lender Federal Bank on Monday, September 5, denied reports of a merger with Kotak Mahindra Bank, after reports emerged that the two banks were in talks to do so. As reported by CNBC Awaz, it was said quoting sources that Federal Bank was looking to merge with larger banks. This was the highest ever quarterly profit reported by the lender. The bank’s stock rose nearly 7 per cent to trade at Rs 127.45 a share.

Federal Bank on Record High: दिग्‍गज निवेशक रहे राकेश झुनझुनवाला और उनकी पत्‍नी के नाम से फेडरल ...

(Disclaimer: स्टॉक में निवेश की सलाह ब्रोकरेज हाउस के द्वारा दी गई है. ब्रोकरेज हाउस एक्सिस सिक्योरिटीज ने भी शेयर में 130 रुपये का टारगेट दिया है. ब्रोकरेज का कहना है कि बैंक की लोन ग्रोथ बेहतर है और आगे हेल्दी परफॉर्मेंस जारी रहने की उम्मीद है. बैंक का मानना है कि रिटेल, एग्री, कॉरपोरेट SME में लोन ग्रोथ और बेहतर रहने की उम्मीद है. वहीं 1 महीने का रिटर्न 13 फीसदी रहा है. रिटर्न रेश्यो इंप्रूव होने के आउटलुक के साथ ब्रोकरेज ने 140 रुपये का टारगेट दिया है.

Since a few days ago, the bank stock has been rising. In the previous five trading sessions, it has increased by roughly 12per cent. Domestic brokerage and ...

The brokerage claimed that its main thesis on Federal Bank is supported by the company’s increasing financial results and its reasonable valuation. The bank is renowned for having a precise and consistent liability profile, which translates into a very low cost of funds (CoF). Tier-I capital is currently 13.31per cent, and the bank has no immediate plans to raise further equity capital, “said the note.

The private lender's stock jumped after the bank denied in a media report, any speculations of it holding initial merger talks with the private sector lender ...

Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. [FED ](/equities/the-federal-bank)) surged over 8% and hit a fresh 52-week high of Rs 129.75 apiece on Monday. Shares of the bank have surged about 42% so far in the year and are up almost 50% in the past year. Federal Bank informed in an exchange filing on Monday that the news report of a merger between the two banks is speculative in nature.

Federal Bank calls merger talks 'Speculative'; stock hits fresh 52-week high. A media report stating that Federal Bank is seeking a merger with Kotak Mahindra Bank was circulated recently. September 05, 2022 1:17 IST ...

Data does not seem to convincingly prove that short periods of high returns are always followed by meagre returns. You can have prolonged periods of time, when sanity takes a back seat and excesses happen. Sep 05, 2022

सबसे ज्यादा देखे जाने वाले मनीकंट्रोल वीडियो का एक संग्रह। RIL Share Price: जारी है तेजी का ...

Federal Bank, a private sector lender, denied rumours that the two banks (Federal Bank and Kotak Mahindra Bank) were in merger talks on Monday, September 5, ...

A report from earlier in the day suggested that private lenders Kotak Mahindra Bank and Federal Bank would merge. “We wish to clarify categorically that the news report of a merger between Federal Bank and another private bank is speculative in nature. Federal Bank, a private sector lender, denied rumours that the two banks (Federal Bank and Kotak Mahindra Bank) were in merger talks on Monday, September 5, after the rumours first surfaced.