Federal Bank Ltd Surges with ₹15,394.94 Lakhs in Trading Volume Today

Federal Bank Ltd, a prominent player in the private sector banking industry, has shown significant trading activity today. The stock, trading under the symbol FEDERALBNK, recorded a total traded volume of 6,347,906 shares, with a total traded value of approximately Rs 153.95 crores. The stock opened at Rs 239.44 and reached a day high of Rs 244.51, marking a new 52-week high of Rs 243.5.
In terms of performance, Federal Bank has outperformed its sector by 1.85%, with a one-day return of 1.89%. Over the past three days, the stock has demonstrated a consistent upward trend, gaining 3.12% during this period. Notably, it is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong position in the market.

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. Despite this, the stock remains liquid enough for trades of up to Rs 2.79 crores, based on 2% of the 5-day average traded value. Overall, Federal Bank's performance today reflects a robust market presence amidst fluctuating investor engagement.