Thursday, 10 May 2018

Federal Bank Shares See Biggest Intraday Fall In 30 Months, Drop 12%; Buy Now & Gain Up To 34%

Shares of the Kerala-based mid-sized private sector lender The Federal Bank Ltd saw the biggest intraday plunge in the last 30 months on Thursday following the weaker-than-expected financial results for the quarter ended 31 March 2018. The stock of The Federal Bank Ltd was the biggest loser among the deck of about 300 stocks in ‘A’ group shares on BSE and among the constituents of benchmark Nifty Bank index. Unusually high trading volumes were seen in the shares of The Federal Bank Ltd on Thursday, more than 9.1 crore equity shares exchanged hands on both NSE and BSE with about 8.6 crore equity shares on NSE alone. For More Information Please Visit : www.paceresearchindia.com and Call : 8817774774

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