Money Doubles in 2 Years

We bring to you a private bank share below Rs 100 which had doubled the investors' money in last two years to buy and gain up 35%.

Indaian stock markets are now all set to be steered ahead on the basis of ongoing earnings season for the quarter and the financial year ended 2017-2018 as about 49 Nifty companies are still left to announce their respective report cards in the upcoming days.

In a broader term, Indian equities have grown relatively well after the downtrodden effects of the Chinese meltdown. During the last two years, the key equity indices Sensex and Nifty have risen about 33-34% while the banking sector benchmark Nifty Bank had logged a gain of 55% with blue-chip components growing more than 100% in the same period.

We bring to you a private bank share below Rs 100 which had doubled the investors’ money in last two years to buy and gain up 35%.

Shares of the Aluva headquartered private sector lender The Federal Bank Ltd have more than doubled the investors’ wealth in the span of last two years only.

The stock of The Federal Bank Ltd has surged 118% to Rs 98.65 in the last two years from a share price level of Rs 45.25 (18 April 2016) on NSE. The research and brokerage firm Motilal Oswal Securities Ltd had given a buy rating with a potential upside of 35% to a target price of Rs 124 from their recommendation price of Rs 92.

We expect The Federal Bank to report nearly 22% YoY (5% QoQ) loan growth, aided by renewed focus on corporate growth. The traction in SME (small and medium enterprise) and retail loans would be maintained with other income is likely growing at 4% YoY, Motilal Oswal Securities Ltd said in a report.

“We expect slippages to moderate during the quarter as the previous quarter had education loan waiver-related slippages of Rs 710 million. We expect PAT of Rs 2.8 billion v/s Rs 2.6 billion in 4QFY17 and ~Rs 2.6 billion in 3QFY18,” Motilal Oswal Securities added.

The Federal Bank Ltd commands a market capitalisation Rs 19,478 crore on the closing price of Rs 98.7 on BSE. The Federal Bank Ltd shares are categorised in the ‘A’ group shares on BSE and are a component of S&P BSE 100 and Nifty Bank indices.

Review Date
Reviewed Item
Money Doubles in 2 Years
Author Rating
Opinion Poll
With assembly election ahead With assembly election ahead, well known Digital Media platform has decided to gauge the mood of Chhattisgarh through its own opinion poll. As an aware voter and stakeholder of the democratic process, kindly do answer the following questions so that prevailing mood of state can be ascertained.
Assembly Segment
Phone Number
Which party will emerge as the single largest party?
Which party will have more seats?
Whom would you like to see as next Chhattisgarh Chief Minister?
Have you witnessed development work in your area?
Do you think that farmers of Chhattisgarh are satisfied with BJP government?
Do you think youngsters are happy with employment scenario created by Chhattisgarh/state government?
Do you think state government has done enough on issue of women empowerment?
Are you satisfied with work done by your legislator? Have electoral promises been fulfilled or not?
Are you satisfied with the amenities provided by the government in your area?
Do you think the state government has successfully tackled naxal menace?
Are you satisfied with work done by different state Ministers?

Please do vote...

ओपिनियन पोल
छत्तीसगढ़ की आगामी विधानसभा चुनाव के लिए डिजिटल मीडिया ‘’ नेसटीक ओपिनियन पोल करनेका निश्चय किया है. अतः आप नीचे दिए सवालों के निष्पक्ष जवाब देंताकि राज्य की आने वाले दिनों की सही सियासी तस्वीर सामनेआ सके. कृपया अपना मत जरूर दें- With assembly election ahead
विधानसभा क्षेत्र
फ़ोन नं
विधानसभा चुनाव में सबसे बड़ी पार्टी कौन सी होगी ?
किस पार्टी को ज्यादा सीटें मिलेगी?
अगले मुख्यमंत्री के रूप में किसे देखना चाहेंगे?
क्या आपके क्षेत्र में विकास दिखाई पड़ रहा है?
क्या छत्तीसगढ़ का किसान भाजपा शासन से संतुष्ट है?
जो रोजगार छत्तीसगढ़ सरकार ने दिया, क्या उससे युवा वर्ग संतुष्ट है?
राज्य सरकार ने महिलाओं के सशक्तिकरण के लिए जो किया, उससे महिलाएं संतुष्ट हैं?
क्या आप अपने विधायक से संतुष्ट हैं? उन्होंने अपने वादे पूरे किए या अधूरे हैं उनके काम?
क्या आप अपने क्षेत्र की सरकारी सुविधाओं सेसंतुष्ट हैं?
क्या नक्सली समस्या पर नियंत्रण हुआ है?
क्या प्रदेश के मंत्रियों के कामकाज से संतुष्ट हैं?
-देश हित के लिए मतदान अवश्य करें-

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.