Domestic brokerage firm Religare Broking has picked Federal Bank as its stock pick of the month for May 2024 with a potential upside seen around 13 per cent. Shares of Federal Bank were on an uptrend and gained one per cent today to hit an intra day high of ₹158.55 against a 52-week high of ₹166.65 apiece on the BSE.
Federal Bank is Religare’s pick of the month for May, 13% upside seen at TP of ₹176; should you buy?
