|Bid||2,425.55 x 0|
|Ask||2,426.85 x 0|
|Day's range||2,416.00 - 2,436.35|
|52-week range||1,884.40 - 2,470.00|
|Beta (3Y monthly)||0.76|
|PE ratio (TTM)||29.40|
|Forward dividend & yield||15.00 (0.62%)|
|1y target est||N/A|
BENGALURU (Reuters) - Indian shares ended lower for a third straight session on Tuesday, erasing gains in morning trade, hurt by declining financial shares such as HDFC Bank and automobile stocks such ...
Net profit rose 22.6 percent in the fourth quarter through March from 47.99 billion rupees a year ago. HDFC Bank is the first major Indian lender to report results for the final quarter of the year. Net interest income was up 22.8 percent, while the net interest margin was 4.4 percent.
HDFC Bank, India's biggest lender by market value, reported a 20.31 percent rise in third-quarter net profit on Saturday, lifted by higher interest and fee income. Net profit rose to a record 55.86 billion Indian rupees ($785 million) for the three months to Dec. 31, from 46.43 billion rupees a year ago, the bank said. Asset quality was stable, with gross bad loans as a percentage of total loans at 1.38 percent by the end of December, compared to 1.33 percent in the previous quarter and 1.29 percent in the same period last year.
(Reuters) - Indian shares ended higher by more than 1 percent on Thursday, as dovish comments from the U.S. Federal Reserve chairman boosted investor sentiment. The broader NSE Nifty closed 1.21 percent ...
BENGALURU/NEW DELHI (Reuters) - HDFC Bank Ltd has reported record profit for the three months ending Sept. 30 broadly in line with expectations, helped by higher interest and fee income. Net profit rose to 50.05 billion rupees ($682.16 million) for the quarter ended Sept 30, from 41.51 billion rupees a year ago, India's biggest lender by market capitalisation said in a statement. Fifteen analysts, on average, had expected a net profit of 50.30 billion rupees, according to I/B/E/S data from Refinitiv.
In March 2018, HDFC Bank Limited (NSE:HDFCBANK) announced its latest earnings update, which showed that the company experienced a strong tailwind, eventuating to a double-digit earnings growth of 21.6%. Below,Read More...
(Reuters) - HDFC Bank on Friday said its Deputy Managing Director Paresh Sukthankar has resigned and will vacate his post in 90 days. The resignation comes after the bank said in June it was seeking shareholders' ...
HDFC's qualified institutions placement (QIP) of 12.8 million equity shares in India was also priced at Rs. 2,160 per equity share, which is expected to raise about Rs. 27.61 billion, the bank said in a filing. Proceeds from the ADSs offering and the QIP are expected to be used to strengthen the bank's capital structure and to support growth and expansion, the bank said.
NEW DELHI/BENGALURU (Reuters) - HDFC Bank Ltd launched separate share sales on Monday in the United States and its home Indian market in a bid to raise as much as 155 billion rupees ($2.26 billion). The Indian lender, which is also listed in New York, is offering up to 19 million American Depositary Shares, representing 57 million equity shares, according to a filing. HDFC, the Indian bank with the highest market capitalisation, also opened a share sale in India, which according to a deal term sheet has a base size of 20 billion rupees with an option to upsize to up to 37.5 billion rupees.
(Reuters) - Indian shares climbed to record closing highs on Monday, led by strong gains in heavyweights Reliance Industries Ltd and ICICI Bank Ltd, while investor focus turned to a central bank policy ...
HDFC Bank Ltd posted a 18.2 percent rise in first-quarter net profit but missed analysts' estimates as the lender chose to include all mark-to-market losses in the first quarter, leading to higher provisions. Net profit rose to 46.01 billion rupees ($669.43 million) for the quarter ended June 30, from 38.94 billion rupees a year ago, India's second-biggest lender by assets said in a statement. Analysts had on average expected a net profit of 47.66 billion rupees for the bank that has the highest market capitalisation in the sector at nearly $85 billion, according to Thomson Reuters data.
By S Anuradha SINGAPORE, July 17 - The price range for HDFC Asset Management’s up to Rs28bn IPO has been set at Rs1,095–Rs1,100 per share, according to a term sheet. The IPO is smaller than the previously ...
I’ve been keeping an eye on HDFC Bank Limited (NSE:HDFCBANK) because I’m attracted to its fundamentals. Looking at the company as a whole, as a potential stock investment, I believeRead More...