Below are the steps you can follow to buy Federal Bank shares:
Once your buy order is placed and executed, the shares will be credited to your demat account, and the amount equivalent to the purchase price will be debited from your bank account.
It is difficult to predict stock market trends. However, Federal Bank stock has given a negative return of 8.21% (YTD 17 April 2023) in the current calendar year 2023.
The stock market is subject to various factors such as economic conditions, competition, company performance, and geopolitical issues. All these factors can impact the sentiments of the stock market in general, or affect a particular company's stock.
The stock price of any company is affected by many factors, of which below are some key ones to consider:
Federal Bank is a private sector bank in India that provides a range of banking and financial services to its customers. The bank has been expanding its digital banking capabilities in recent years to meet the changing needs of its customers and competes with other players in the industry.
Further, it is important to note that the Indian banking sector as a whole is expected to benefit from India's strong economic growth potential, rising income levels, and growing population. This could potentially create opportunities for banks like Federal Bank to expand their operations and customer base in the future.
However, it is important to research and consider assistance from a professional before investing in stocks.
The Federal bank has not yet announced a dividend for the fiscal year ending March 2023.
Federal bank has issued dividends on an annual basis since 2012, except for the year 2020.
Federal bank has issued bonus shares in 2015.