Today: 21 March 2026
Browse Category

NSE:FEDERALBNK 17 January 2026 - 7 February 2026

Federal Bank share price jumps on Q3 beat — what to watch when India markets reopen

Federal Bank share price jumps on Q3 beat — what to watch when India markets reopen

Federal Bank shares surged 9.5% to ₹270.35 on Friday after reporting a December-quarter net profit of ₹1,041.21 crore and improved asset quality. The stock saw heavy trading, peaking at ₹278.40 on the NSE. Net interest margin rose to 3.18%, while gross NPA dropped to 1.72%. Management signaled plans to keep loan and deposit growth in the high teens.

Stock Market Today

  • Micron and FedEx Shine with Blowout Earnings Amid Market Turmoil
    March 20, 2026, 10:15 PM EDT. Micron Technology and FedEx reported strong quarterly earnings that stand out in a week marked by broader market declines fueled by surging oil prices and economic uncertainty linked to the Iran conflict. Micron's fiscal Q2 revenue soared nearly threefold to $23.86 billion, driven by high demand for AI-related memory products, topping earnings per share (EPS) estimates by over 38%. The company projects robust Q3 sales growth at $33.5 billion and anticipates exceeding $100 billion in annual sales next year. FedEx posted a fiscal Q3 EPS of $5.25, beating estimates by nearly 27%, supported by disciplined operations and digital efficiencies. It raised full-year EPS guidance to $19.30-$20.10, surpassing Wall Street forecasts. Both stocks could appeal to investors seeking buy-the-dip opportunities amid volatile trading.
Go toTop