Federal Bank shares slipped 1.2% on Monday after Q1 profit dropped 15% YoY to ₹862 crore due to higher provisions. Net interest margin fell to 2.94%, raising profitability concerns. Analyst Saurabh Sahu flagged weak technicals after the stock broke key ₹200 support. Outlook remains bearish with risk down to ₹180 unless ₹210 is breached.