Federal Bank Fixes Record Date for Stock Split

The Investment and Raising Capital Committee of Federal Bank Ltd has fixed a record date of October 18, 2013 for purpose of sub-division/ stock split of Rs. 10/- per share of the Bank into shares of Rs. 2/- each.

Shares of Federal Bank Ltd was last trading in BSE at Rs.301.10, up by Rs.0.35 or 0.12%. The stock hit an intraday high of Rs.313 and low of Rs.293.10.

The total traded quantity was 0.68 lakhs compared to 2 week average of 0.96 lakhs.

Source : Equity Bulls

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