Federal Bank Ltd Sees 6.22 Million Shares Traded, Ranking Among Today's Most Active Stocks

Federal Bank Ltd, a prominent player in the private sector banking industry, has shown significant activity today, becoming one of the most actively traded equities by volume. The stock, trading under the symbol FEDERALBNK, recorded a total traded volume of 6,224,487 shares, with a total traded value of approximately Rs 150.95 crores.
Today, Federal Bank reached a new 52-week high of Rs 243.5, reflecting a last traded price of Rs 243.18. The stock opened at Rs 239.44 and fluctuated between a day low of Rs 239.0 and a day high of Rs 244.51. Notably, it has outperformed its sector by 1.85% and has gained consecutively over the last three days, yielding a total return of 3.12% during this period.

In terms of moving averages, Federal Bank is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a strong upward trend. However, there has been a decline in investor participation, with delivery volume on November 17 falling by 5.04% compared to the 5-day average. The stock remains liquid enough for trades sized at Rs 2.79 crores, based on 2% of the 5-day average traded value.

In summary, Federal Bank's performance today highlights its robust market position and ongoing positive momentum within the private banking sector.