Federal Bank rises 1.04% as Sensex climbs

economictimes.indiatimes.com:

Federal Bank Ltd. traded at Rs 197.4 on BSE at 10:25AM (IST) on Thursday, up 1.04 per cent from previous close.
The scrip quoted a 52-week low price of Rs 129.75 and a high of Rs 197.8.

Earlier, the stock saw a gap down opening in the morning.
A total of 135,357 lakh shares changed hands on the counter till 10:25AM (IST).
The stock of Federal Bank Ltd. commanded a market value of Rs 48122.55 crore, according to BSE.
The stock traded at a price-to-earning (P/E) multiple of 12.4, 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, 163 stocks traded in the green, while 338 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 31-Mar-2024 while foreign and domestic institutional investors owned 28.29 per cent and 34.52 per cent, respectively.
Moving averages
The 200-DMA of the stock stood at 156.12 on July 18, while the 50-DMA was at 172.16. 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.