Federal Bank shares rise by 4% post Q1 update
NIFTY BANK index, which comprises the top 12 liquid and large-cap stocks from the banking sector, was up by 1.80%.
NIFTY BANK index, which comprises the top 12 liquid and large-cap stocks from the banking sector, was up by 1.80%.
Reacting to Q3 earnings, Federal Bank shares gained as much as 1.9% to ₹142.85 intraday today.
Federal Bank shares gained 8.58% to hit a 52-week high of ₹129.7 on the BSE amid report that the private lender is in merger talks with Kotak Mahindra Bank.