NOW IT IS CLEAR
Posted by :
joyanthonySales and Gross profit has increased quarter to quarter and it is only the Net profit that has come down. This will not affect the long term performance of this bank. The net provisons made during this quarter is 150 crores against 52 crores made during last quarter. This is a difference of 98 crores during this quarter. The profit has increased by over 64 crores if you omit the provisions. It is in line with expectations....
NSE Announcements on Federal Bank
Posted by :
MMB MessengerThe Federal Bank Ltd has informed the Exchange regarding the standalone Results for the half year ended on 30-SEP-2009 as follows: Interest earned of Rs. 177545 lacs for the half year ending on 30-SEP-2009 against Rs. 157322 lacs for the half year ending on 30-SEP-2008. Interest expended of Rs. 115542 lacs for the half year ending on 30-SEP-2009 against Rs. 96325 lacs for the half year ending on 30-SEP-2008. Net Profit / (Loss) of Rs. 23745 lacs for the half year ending on 30-SEP-2009 against Rs. 18243 lacs for the half year ending on 30-SEP-2008....
NSE Announcements on Federal Bank
Posted by :
MMB MessengerThe Federal Bank Ltd has informed the Exchange regarding the standalone Results for the quarter ended on 30-SEP-2009 as follows: Interest earned of Rs. 90107 lacs for the quarter ending on 30-SEP-2009 against Rs. 82810 lacs for the quarter ending on 30-SEP-2008. Interest expended of Rs. 57112 lacs for the quarter ending on 30-SEP-2009 against Rs. 49632 lacs for the quarter ending on 30-SEP-2008. Net Profit / (Loss) of Rs. 10107 lacs for the quarter ending on 30-SEP-2009 against Rs. 11428 lacs for the quarter ending on 30-SEP-2008....
BSE Announcements on Federal Bank
Posted by :
MMB Messenger
Federal Bank Ltd has announced the following Unaudited results for the quarter ended September 30, 2009:
The Bank has posted a net profit of Rs 1010.70 million for the quarter ended September 30, 2009 as compared to Rs 1142.80 million for the quarter ended September 30, 2008. Total Income has increased from Rs 9323.10 million for the quarter ended September 30, 2008 to Rs 10375.00 million for the quarter ended September 30, 2009....
NOW IT IS CLEAR
Posted by :
pbb021now its clear why the stock has under performed the market...the investors knew the results were going to be bad...dont expect any rise in the price......
Good Q2 Numbers to come
Posted by :
sajnekaryes i agree with you...
Good Q2 Numbers to come
Posted by :
Vidhur2009With merger of Catholic Syrian bank as well as standalone numbers are going to be excellent and there should be up move even in this bad market. The bank is fundamentally very strong and must do well. Thanks ...
why follow market
Posted by :
Guestwhy do these midcaps follow the nifty...and falls and rises with it...they dont have fundamentals.....
buy federal
Posted by :
Guest
...but there is a reason why this always trades at near book value....
buy federal
Posted by :
GuestIt is a very good banking stock available very cheaply it is often being compared to big pvt sector banks like HDFC,AXIS etc even though it has fewer branches than them...
why eps has come down ??
Posted by :
Guestguys why has the eps come down when the profits have increased significantly and there has been no issue of shares too...the annual report shows increase in weighted average number of shares ???...
buy federal
Posted by :
smartakkaMany experts who were silent earlier,( as usual) are now recommending it and it is sure to cross Rs 350 in view if its intrinsic value...
buy buy target 278-284
Posted by :
hail2onegood keep it up fed by your strong results coming up......
buy federal
Posted by :
Guest
In your dreams...
263.50 is about the best you can expect today. Next week is another matter. The stock seems poised for a massive break out above recent highs. Longer term targets of 345-350 cannot be ruled out.
Today not more than 263.50...
buy federal
Posted by :
hailbullbuy federal with a target of rs 266-274-278 for today...keeping stoploss at 252........



Online



