Federal Bank Ltd.

NSE: FEDERALBNK | BSE: 500469 | ISIN: INE171A01029 | Industry: Banks
| Mid-range Performer
203.4300 2.26 (1.12%)
NSE May 23, 2025 15:31 PM
Volume: 8.1M
 

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Federal Bank Ltd.
16 Jan 2018
203.43
1.12%
Reliance Securities
We believe that the Bank will continue to deliver further improvement in operational performance led by improving loan book growth and improving assets liability mix. Further, continued moderation in SMA-2 balance clearly suggests fresh slippage will show declining trend in FY19. Notably, the Bank is gradually coming out of the scenario marked with higher provisioning and continued stress on asset quality for last few quarters. Looking ahead, we expect the strong traction in earnings to continue owing to robust growth in loan book, moderate credit cost and healthy margins. We have introduced estimates for FY20E and expect the Bank's earnings to witness 33% CAGR through FY17-20E. We reiterate our BUY recommendation on the...
Number of FII/FPI investors increased from 424 to 450 in Mar 2025 qtr.
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