HDFC Bank is currently trading at Rs. 1413.00, up by 85.65 points or 6.45% from its previous closing of Rs. 1327.35 on the BSE.
The scrip opened at Rs. 1439.00 and has touched a high and low of Rs. 1450.00 and Rs. 1400.00 respectively. So far 2704025 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1450.00 on 17-Feb-2017 and a 52 week low of Rs. 928.80 on 29-Feb-2016.
Last one week high and low of the scrip stood at Rs. 1450.00 and Rs. 1299.00 respectively. The current market cap of the company is Rs. 360948.14 crore.
The promoters holding in the company stood at 26.09%, while institutions and non-institutions held 54.37% and 19.55% respectively.
Reserve Bank of India (RBI) has allowed overseas investors to buy stake in HDFC Bank as the foreign shareholding in the bank went below the prescribed limit. RBI has notified that the aggregate foreign shareholding through American Depository Receipts (ADR)/Global Depository Receipts (GDR)/ Foreign Institutional Investors (FIIs) /Foreign Portfolio Investors (FPIs)/ Foreign Direct Investment (FDI)/Non-Resident Indians (NRIs)/ Persons of Indian Origin (PIOs) in HDFC Bank have gone below the prescribed limit stipulated under the extant FDI Policy. Accordingly, the restrictions placed on the purchase of shares of the bank are withdrawn with immediate effect.
HDFC Bank has reported 15.15% rise in its net profit at Rs 3865.33 crore for the quarter ended December 31, 2016 as compared to Rs 3356.84 crore for the same quarter in the previous year. Total income of the Bank increased 13.48% at Rs 20748.27 crore for Q3FY17 as compared to Rs 18283.31 crore for the corresponding quarter previous year.