Federal Bank Hits Record High: Is It Time to Buy?

Federal Bank’s stock recently broke out of a four-month consolidation phase, reaching record highs, a move supported by strong technical indicators. Analysts suggest the stock shows bullish momentum, driven by robust support above its 100-day moving average and increased investor interest. Market experts believe this could be an opportune time for potential buyers to consider entering, with optimistic projections for the stock’s future performance.