India's Fedbank Financial jumps most in 15 months on Q1 profit rise

Fedbank Financial Services

29/07/2025 06:47

** Shares of Fedbank Financial Services FEDB.NS jump as much as 6% to 133.3 rupees, highest since April 29, 2024

** Stock marks biggest intraday pct gain since June 9

** Non-bank lender posts a 7% Y/Y rise in June-qtr net profit; net interest income up 20% Y/Y

** More than 2.6 mln shares change hands, 3.1x its 30-day avg

** FEDB rated "buy" by 4 analysts on average; median target price is 145 rupees – data compiled by LSEG

** Stock up 27% YTD

 (Reporting by Rudra Pratap Singh in Bengaluru)

 ((rudrapratap.singh@thomsonreuters.com))