New Delhi, Oct. 20 -- Maintaining their stellar run, shares of Federal Bank rallied another 8% in early trade on Monday, October 20, hitting a fresh all-time high of Rs.229.49 apiece, following the company's September quarter performance.

Though the bank's net profit declined, the improvement in asset quality, lower credit costs, and its focus on achieving double-digit loan growth in the second half of FY26 drove the stock to record its biggest single-day surge in a year.

The private sector lender, on Saturday, reported a 9.5% year-on-year decline in net profit to Rs.991.94 crore, as a sharp rise in provisions weighed on its bottom-line performance.

The bank's core net interest income (NII) rose 5.4% to Rs.2,495 crore, while the net in...