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HomeINVESTMENTThis Bank Share Price Only ₹155; Don't Sell Before ₹223; Experts Are...

This Bank Share Price Only ₹155; Don’t Sell Before ₹223; Experts Are Bullish

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Jhunjhunwala Portfolio: Experts have seen bullish on the Federal Bank(NSE: FEDERALBNK) for the last few months. 

According to the report, the brokerage house has increased the target price of Federal Bank from Rs 175 to Rs 185 per share.

At the same time, Axis Securities has given ‘buy tag’ to this stock. Let us tell you, that Rekha Jhunjhunwala also has an investment in the company. Experts has said that Don’t Sell Before ₹223.

Shares Rose 14% In 1 Year

On Thursday, the share price of Federal Bank was Rs 155.65 per share. 

In the last one month, this banking stock has given returns of more than 6 percent to investors. 

However, investors who have been holding for the last one year have gained only 14 percent so far.

What Are The Experts Saying?

Brokerage firm Motilal Oswal believes that the price of bank shares can reach Rs 175 per share. 

At the same time, a target price of Rs 180 has been given in the reports of Systematix Institutional Equities. 

The brokerage firm believes that the bank can get 18 to 20 percent growth in the loan section.

Rekha Jhunjhunwala Has Shares Worth Crores Of Rupees

Rekha Jhunjhunwala’s total stake in Federal Bank (including Rakesh Jhunjhunwala) is 3.02 percent. 

This shareholding is till 31 December 2023. As of Thursday’s close, he holds bank shares worth Rs 1148 crore.

About Federal Bank Ltd Company

Federal Bank Limited (Federal Bank Limited (the Bank) is a company in the banking industry. 

The Bank provides financial and banking services, such as corporate banking, retail banking foreign exchange business, and treasury services.

It operates in three distinct segments: Treasury, Corporate/Wholesale Banking and Retail Banking.

Its Treasury segment includes the trading and investment of corporate debt and securities of the government, instruments, mutual and equity funds, derivatives, & foreign exchange operations for its own account as well as for customers. 

The Wholesale and Corporate Banking segment includes loans of funds, accepting of deposits, 

and other banking services for trusts, corporations partnerships, partnership companies, and statutory institutions.

The Retail banking segment is the lending of funds, the acceptance of deposits, and various other services offered by banks to all legal persons and clients with small businesses.

Its network includes 1391 branches and more than 1,357 automated machines for tellers (ATMs) across India.

Fundamental Analysis of Federal Bank Ltd 

Market Cap₹ 38,069 Cr.
Current Price₹ 156
52-wk High₹ 167
52-wk Low₹ 121
Stock P/E9.85
Book Value₹ 105
Dividend0.64 %
ROCE5.91 %
ROE15.3 %
Face Value₹ 2.00
P/B Value1.50
OPM69.9 %
EPS₹ 17.2
Debt₹ 2,38,850 Cr.
Debt to Equity10.8

Federal Bank Share Price Target 2024 To 2030

Year1st Target2nd Target
2024₹160₹192
2025₹200₹225
2026₹235₹275
2027₹295₹345
2028₹350₹375
2029₹395₹425
2030₹430₹485
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Federal Bank Ltd Shareholding Pattern

FII Holding
Dec 202227.72%
Mar 202326.94%
June 202326.27%
Sept 202327.02%
Dec  202329.38%
DII Holding
Dec 202242.33%
Mar 202343.66%
June 202342.11%
Sept 202345.74%
Dec  202344.39%
Public Holding
Dec 202229.96%
Mar 202329.41%
June 202331.61%
Sept 202327.25%
Dec  202326.23%
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Federal Bank Ltd Share: Last 5 Years’ Financial Condition

To gain a better understanding of how the market is performing, let’s look at the outlook of this share in the previous years. 

However, investors should be aware of the risks and the market conditions before making any investment decision.

Last 5 Years’ Sales:

2019₹11,635  Cr
2020₹13,590 Cr
2021₹14,314 Cr
2022₹14,382 Cr
2023₹22,239 Cr

Last 5 Years’ Net Profit:

2019₹1,318 Cr
2020₹1,590  Cr
2021₹1,680 Cr
2022₹1,996 Cr
2023₹3,931 Cr

Last 10 Years’ Profit Growth:

10 Years:14%
5 Years:28%
3 Years:26%
Current Year:38%
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Last 10 years’ Return on Equity (ROE):

10 Years:11%
5 Years:12%
3 Years:13%
Last Year:15%

Sales Growth Over 10 Years:

10 Years:11%
5 Years:12%
3 Years:9%
Current Year:35%

Conclusion

This article is a complete guide about Federal Bank Ltd Share.

These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses. 

Also, We have talked in detail about the share’s future prospects and growth potential.

Hopefully, these informations will help you in your further investment. 

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If you have any further queries, please comment below. We will be happy to answer all your questions. 

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Disclaimer: Dear readers, we’d like to inform you that we are not authorized by SEBI (Securities and Exchange Board of India). The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. Also, the share price predictions are completely for reference purposes. The price predictions will only be valid when there are positive signs on the market. Any uncertainty about the company’s future or the current state of the market will not be considered in this study. We are not responsible for any financial loss you might incur through the information on this site. We are here to provide timely updates about the stock market and financial products to help you make better investment choices. Do your own research before any investment.

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