Brokerages expect up to 15% downside on this largecap banking stock after Q1 results
Federal Bank reported a 15 per cent year-on-year decline in net profit to Rs 862 crore for the June quarter of FY26, as higher provisions and a compression in margins weighed on its performance. The private sector lender saw a sharp uptick in slippages, particularly from its microfinance (MFI) and agri loan portfolios, leading to…