Jan 21, 2014, 10.42 AM IST
Federal Bank receives the Cabinet Committee on Economic Affairs (CCEA) go ahead to hike foreign institutional investor (FII) holding cap to 74 percent. Ekta Batra of CNBC-TV18 has details.
Tags Federal Bank, CCEA, FII, Ekta Batra
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Federal Bank gets go ahead from CCEA to hike FII holding
Federal Bank receives the Cabinet Committee on Economic Affairs (CCEA) go ahead to hike foreign institutional investor (FII) holding cap to 74 percent. Ekta Batra of CNBC-TV18 has details.
Like this story, share it with millions of investors on M3
Federal Bank gets go ahead from CCEA to hike FII holding
Federal Bank receives the Cabinet Committee on Economic Affairs (CCEA) go ahead to hike foreign institutional investor (FII) holding cap to 74 percent. Ekta Batra of CNBC-TV18 has details.
Federal Bank stock price
On January 21, 2014, at 11:12 hrs Federal Bank was quoting at Rs 84.10, up Rs 1.45, or 1.75 percent. The 52-week high of the share was Rs 104.75 and the 52-week low was Rs 44.25.
The company's trailing 12-month (TTM) EPS was at Rs 9.16 per share as per the quarter ended December 2013. The stock's price-to-earnings (P/E) ratio was 9.18. The latest book value of the company is Rs 74.41 per share. At current value, the price-to-book value of the company is 1.13.
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