Housing Development Finance Corporation (HDFC) is currently trading at Rs. 1444.90, up by 2.50 points or 0.17 % from its previous closing of Rs. 1442.40 on the BSE.
The scrip opened at Rs. 1445.00 and has touched a high and low of Rs. 1448.85 and Rs. 1440.00 respectively. So far 336160 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1472.45 on 21-Mar-2017 and a 52 week low of Rs. 1060.15 on 11-Apr-2016.
Last one week high and low of the scrip stood at Rs. 1472.45 and Rs. 1,435.00 respectively. The current market cap of the company is Rs. 229096.70 crore.
The Institutions and Non-Institutions held 88.59% and 11.41% respectively of the company.
In order to fund its business expansion, HDFC is planning to raise about $750 million (around Rs 5,000 crore) through rupee denominated bonds. The terms of the bonds, including issue size, pricing and tenure, are expected to be decided on March 24, 2017.
HDFC offers a whole gamut of products like loans to individuals, loans to corporates, construction finance, and lease rental discounting. The financial conglomerate has subsidiaries and associates in insurance (general and life), asset management, education finance, venture funds and banking services.