Tag: federal bank share price

Muthoot Finance shares fall over 8% in reaction to draft RBI norms, Kotak downgrade – CNBC TV18

[ad_1] Shares of gold financing company, Muthoot Finance fell as much as 6% on Friday, April 11, after the Reserve Bank of India published draft rules on lending against gold collateral on Wednesday, as promised by the RBI Governor Sanjay Malhotra during his monetary policy statement. Shares of its peers IIFL Finance fell 1%, while […]

CLSA expects this lender to become a ‘large’ bank from a ‘local’ one; expects 19% upside – CNBC TV18

[ad_1] Brokerage firm CLSA has initiated coverage on Federal Bank Ltd. and projected an upside of nearly 19% on the stock from its previous closing price. CLSA initiated coverage with a “buy” rating on Federal Bank with a price target of ₹230 per share. The stock ended Thursday’s session at ₹194.14 apiece. The brokerage said […]

Federal Bank to acquire 4% stake in Ageas Federal Life for ₹97.44 crore – CNBC TV18

[ad_1] Private sector lender Federal Bank Ltd on Tuesday (March 25) said it has signed a binding memorandum of understanding (MoU) with Ageas Insurance International NV and Ageas Federal Life Insurance Company Limited (AFLIC) to acquire a 4% equity stake in AFLIC for ₹97.44 crore. The acquisition will increase Federal Bank’s stake in AFLIC from […]

IndusInd Bank shares now valued at par with mid-sized PSU Banks after ₹18,000 crore sell-off – CNBC TV18

[ad_1] Shares of Mumbai-based private lender IndusInd Bank Ltd. have plunged 25% on Tuesday, March 11, in what has been the biggest single-day drop for the bank. The fall has also taken its shares to the lowest level since November 2020 and also wiped out ₹18,000 crore worth of investor wealth. With this fall, IndusInd […]

Here is why Federal Bank shares are down post Q3 results – CNBC TV18

[ad_1] Shares of Federal Bank Ltd. fell as much as 7% on Tuesday, January 28, post its December quarter results that were reported after market hours on Monday. Company Value Change %Change On a sequential basis, the lender’s business momentum was at the lowest level in 14 quarters. Deposits were down 1% from the previous […]

Analysts recommend buying LTTS, Shree Cement, IndiGo, TVS Motor, and Federal Bank in today’s trade – CNBC TV18

[ad_1] SUMMARY Market tech analysts, Mitessh Thakkar, Sacchitanand Uttekar and Sneha Seth have these recommendations on Tuesday. By CNBCTV18.com November 26, 2024, 9:32:25 AM IST (Published) 1 / 13 Technical analysts Mitessh Thakkar of earningwaves.com, Sacchitanand Uttekar of Tradebulls and Sneha Seth of Angel One share their top stock picks for the day. 2 / 13 […]

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