Federal Bank Limited is one of the largest private sector banks in India, offering financial services and banking products. Federal bank share price target 2024 of experience in the banking sector, Federal Bank currently serves over 16.6 million customers in India through 1400 branches and 1900 ATMs/CDMs. The Chief Executive Officer (CEO) and Managing Director of Federal Bank, Mr. Srinivasan, has put a lot of effort and dedication into digitising processes with the philosophy of ‘Digital at the forefront, Human at the heart’, which has resulted in making banking services easier.
In this article, we will discuss the various scenarios of the Federal Bank share price target for 2025 and in the coming years.
Federal Bank Latest News
The Federal Bank share price today is Rs 149.60 on the National Stock Exchange (NSE). The share price of Federal Bank Limited has been a stable stock on the market, with no major ups and downs in its price. FEDERALBANK NSE share price today has been fluctuating up and down by one or two percentage points. Federal bank share price target 2025.
In the first week of April, Federal Bank Limited announced that it will enhance its digitation process with the help of Google Generative AI. Federal bank share price target 2026 This will enable banking consumers to use various Artificial intelligence tools to improve their banking experience on the Bank’s corporate website.
Points to consider before investing in Federal Bank Stock
Federal Bank is set to be added to the list of Financial Services Index on the BSE. It will be included on the list on the Federal bank share price target 2027.
Emkay Global Financial predicted the target price of FEDERALBANK NSE at Rs 180 last month. This came after the bank’s share price rose by 10% during the third week of February as the news of Kotak Mahindra Bank’s entry into the Federal Bank spread. Federal bank share price target 2028.
The bank’s net profit for the third quarter of fiscal year 2024 showed a 25.3% year-on-year growth. The bank’s net profit in the previous fiscal year ended on March 31, 2024, was Rs 803,61 crores. In the current quarter, the bank’s net profit has risen to Rs 1.006,74 crores.
Federal Bank’s Net Interest Income (NII) in Q3 of FY2024 Q3 is Rs 2,123,4 as compared to Rs 1,956,5 crores in Q2 of FY2024.
Axis Securities ‘Buy’ Federal Bank shares in February, third week of 2024.
Rajesh Malviya in Axis Securities ‘Buy Federal Bank Shares’ recommended investors to Buy, hold and accumulate Federal Bank share price from Rs 185 to Rs 145.
Conclusion
The share price history of Federal Bank is not as volatile as the stock market, but it has not been a smooth ride for its investors either. Over the last 5 years of trading on the NSE, Federal Bank NSE Stock has gone up by 64% from Rs.91.40 to Rs. 148.35 as on Federal bank share price prediction 2030. However, over the last 12 months, the share price of Federal Bank NSE has only gone up by 15%, and over the last 6 months, it has gone up by 3%. This growth matrix for the stock indicates a negative growth trajectory for the investors of Federal Bank Ltd.
The Federal Bank is making efforts to improve the user experience of its website by providing Google Generative AI tools, but as an investor, it is important to take all the factors into account before making an investment decision. Therefore, it is recommended that you seek the advice of an expert before making any investment decision.