Today: 18 June 2026
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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

  • Q1 Earnings Review: Kforce Outperforms Peers in Professional Staffing & HR Solutions Sector
    June 17, 2026, 6:59 PM EDT. Kforce (NYSE:KFRC) delivered a strong Q1 performance with revenues of $330.4 million, meeting analyst expectations, and beating earnings per share (EPS) forecasts. Since reporting, Kforce's stock surged 49.4% to $47.84. The broader professional staffing and HR solutions sector also posted solid results, with average revenues surpassing consensus estimates by 1.8% and stocks gaining 13.3% on average. Leading the pack, Alight (NYSE:ALIT) reported revenues of $534 million, beating analysts by 6.2%, although its share price fell 27.3% to $0.63. Insperity (NYSE:NSP) showed weakness in Q1. This sector continues to benefit from workforce changes, including remote work and increased use of AI in recruitment.

Latest articles

Rivian cuts jobs by the hundreds; R2 launch adds to profit squeeze

Rivian cuts jobs by the hundreds; R2 launch adds to profit squeeze

18 June 2026
Rivian is cutting hundreds of jobs—less than 2% of its workforce—mainly in sales and marketing, just days after starting deliveries of its crucial, lower-priced R2 SUV; shares closed up 2% at $16.26 after earlier declines on layoff and R2 news, as investors weigh whether cost cuts can boost margins while Rivian targets 62,000-67,000 deliveries this year despite ongoing losses and rising R&D spending.
Trump Administration Agrees to $765 Million Exit From Invenergy Offshore Wind Leases

Trump Administration Agrees to $765 Million Exit From Invenergy Offshore Wind Leases

18 June 2026
Invenergy will receive $765 million from the Trump administration to terminate four offshore wind leases, redirecting funds to natural gas and geothermal projects, as part of a $2.6 billion federal shift away from offshore wind—an approach already facing legal challenges and raising concerns over grid reliability and climate goals in coastal states.
Ikeda’s voted top pie shop by USA Today, lifting Auburn retailers

Ikeda’s voted top pie shop by USA Today, lifting Auburn retailers

18 June 2026
Ikeda’s California Country Market scored its first national recognition as USA Today’s reader-voted Best Pie Shop, giving the Auburn-based business a timely boost in national attention as summer travel peaks, but the win’s impact depends on whether the surge in customers can be sustained amid increased pressure on staff and operations.
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