India's Federal Bank rises after quarterly profit jump

Federal Bank

17/07/2026 09:30

** Shares of India's Federal Bank FED.NS jump 4.45% to 341.10 rupees, their highest intraday pct rise since March 24, 2025
** Lender posts 36.6% year-on-year jump in June quarter profit to 11.77 billion rupees ($122.18 million)
** Co's Q1 interest earned also rises 8.3% y/y to 72.38 billion rupees
** Trading vols at 20.5 million shares, more than 2.5 times the 30-day average volume of 7.6 million shares
** FED rated "buy" on average by 34 analysts, median PT at 326 rupees-- data compiled by LSEG
** YTD stock up 67.53%


($1 = 96.3300 Indian rupees)

 (Reporting by Surbhi Misra in Bengaluru)
 ((Surbhi.Misra@thomsonreuters.com |  X: https://twitter.com/SurbhiMisra_  |;))