HDFC Bank trades higher on reporting 20% rise in Q3 consolidated net profit
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
HDFC Bank is currently trading at Rs. 1610.30, up by 9.45 points or 0.59% from its previous closing of Rs. 1600.85 on the BSE.
The scrip opened at Rs. 1624.40 and has touched a high and low of Rs. 1624.40 and Rs. 1605.00 respectively. So far 73876 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1721.85 on 04-Apr-2022 and a 52 week low of Rs. 1271.75 on 17-Jun-2022.
Last one week high and low of the scrip stood at Rs. 1624.40 and Rs. 1560.05 respectively. The current market cap of the company is Rs. 895710.57 crore.
The promoters holding in the company stood at 25.64%, while Institutions and Non-Institutions held 59.65% and 14.70% respectively.
HDFC Bank has reported rise of 18.54% in its net profit at Rs 12259.49 crore for third quarter ended December 31, 2022 as compared to Rs 10342.20 crore for the corresponding quarter previous year. Total income of the bank increased by 25.97% to Rs 51207.61 crore for the quarter under review as compared to Rs 40651.60 crore for the same quarter in the previous year.
On the consolidated basis, the bank has reported rise of 19.97% in its net profit at Rs 12735.43 crore for third quarter ended December 31, 2022 as compared to Rs 10615.77 crore for the same quarter in the previous year. Total income of the bank increased by 24.81% to Rs 54122.84 crore for the quarter under review as compared to Rs 43364.96 crore for the same quarter in the previous year.
