Motilal Oswal has buy call on
with a target price of Rs 110. The current market price of Federal Bank Ltd. is Rs 87.15. Time period given by analyst is one year when Federal Bank Ltd. price can reach defined target.
Federal Bank Ltd., incorporated in the year 1931, is a banking company (having a market cap of Rs 17226.80 Crore).
For the quarter ended 31-03-2021, the company reported a Consolidated Total Income of Rs 3996.43 Crore, down -2.26 % from last quarter Total Income of Rs 4088.77 Crore and down -5.36 % from last year same quarter Total Income of Rs 4222.87 Crore. The bank reported net profit after tax of Rs 521.24 Crore in latest quarter.
Promoters held 0 per cent stake in the company as of March 31, 2021, while FIIs held 25.6 per cent, DIIs 42.7 per cent and public and others 31.7 per cent.
(Disclaimer: Views and recommendations given in this section are the analysts own and do not represent those of ETMarkets.com. Please consult your financial adviser before taking any position in the stock/s mentioned.
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