Federal Bank declines 2.4% as Sensex slides

economictimes.indiatimes.com:

Federal Bank Ltd. traded at Rs 192.9 on BSE at 12:33PM (IST) on Monday, down 2.4 per cent from previous close.
The stock quoted a 52-week low price of Rs 130.55 and a high of Rs 205.0.

Earlier, the stock saw a gap down opening in the morning.
A total of 417,323 lakh shares changed hands on the counter till 12:33PM (IST).
The stock of Federal Bank Ltd. commanded a market value of Rs 46994.71 crore, according to BSE.
The stock traded at a price-to-earning (P/E) multiple of 11.67, while the price-to-book value ratio stood at 1.18. Return on equity (ROE) was at 14.3 per cent, according to exchange data.
In the BSE500 pack, 16 stocks traded in the green, while 484 stocks were in the red.
The stock's beta value, which measures volatility in relation to the broader market, stood at 1.25.
Promotor/FII Holding Promoters held 0.0 per cent in Federal Bank Ltd. as of 30-Jun-2024 while foreign and domestic institutional investors owned 28.35 per cent and 33.45 per cent, respectively.
Moving averages
The 200-DMA of the stock stood at 159.16 on August 05, while the 50-DMA was at 180.91. If a stock trades below 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered as bearish trend and if trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.