The Board of directors of The Federal Bank Limited has also recommended the payment of final Dividend @ Rs 1.20 per equity share of the face value Rs. 2 each (60%) for the financial year 2023-24 subject to the approval of the Shareholders at the ensuing Annual General Meeting of the Bank.
Shares of The Federal Bank Limited was last trading in BSE at Rs. 165.95 as compared to the previous close of Rs. 168.00. The total number of shares traded during the day was 1494030 in over 10126 trades.
The stock hit an intraday high of Rs. 169.50 and intraday low of 164.00. The net turnover during the day was Rs. 247930701.00.