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Published on 26/02/2021 2:19:34 PM | Source: Accord Fintech

HDFC Bank tumbles on the BSE

Posted in Stock Market| #Banking Sector #Stock Market #HDFC Bank

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HDFC Bank is currently trading at Rs. 1543.25, down by 62.50 points or 3.89% from its previous closing of Rs. 1605.75 on the BSE.

The scrip opened at Rs. 1583.10 and has touched a high and low of Rs. 1588.15 and Rs. 1521.50 respectively. So far 304269 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1650.00 on 24-Feb-2021 and a 52 week low of Rs. 738.90 on 24-Mar-2020.

Last one week high and low of the scrip stood at Rs. 1650.00 and Rs. 1517.00 respectively. The current market cap of the company is Rs. 842769.57 crore.

The promoters holding in the company stood at 26.00%, while Institutions and Non-Institutions held 61.06% and 12.95% respectively.

HDFC Bank has executed an agreement for subscribing to 4,995 equity shares of the face value of Rs 10 each fully paid up issued by Ferbine for a consideration of Rs 10 per equity share. Post investment, Bank will hold 9.99% of the equity shareholding of Ferbine, by way of subscription to 4,995 equity shares.

HDFC Bank is one of India’s premier banks providing a wide range of financial products and services using multiple distribution channels including a pan-India network of branches, ATMs, phone banking, net banking and mobile banking.