Federal Bank Stock Declines for Fifth Straight Session Amidst Broader Market Movements

Federal Bank Ltd experienced a decline for the fifth consecutive session, trading at Rs 246.6, down 1.08 as of 13:19 IST on the NSE. Despite this recent dip, the stock has seen a significant increase of 27.02% over the past year. In comparison, the NIFTY index rose 10.9% and the Nifty Bank index climbed 22.54% in the same period. The stock's trading volume was slightly below its monthly average.