Federal Bank Stock Hit 52-Week High Today After Net Profit Rallies 53% YoY: Buy, Says Brokerage

Federal Bank reported about a 53% YoY gain in its standalone net profit in Q2 FY23 to Rs. 703.7 crore from Rs. 460.3 crore in Q2 FY22. Additionally, today, on October 18, the bank's stock hit a fresh 52-week high, at

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