HDFC Bank falls despite reporting 18% rise in Q2 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. 1684.05, down by 1.85 points or 0.11% from its previous closing of Rs. 1685.90 on the BSE.
The scrip opened at Rs. 1709.95 and has touched a high and low of Rs. 1724.30 and Rs. 1669.70 respectively. So far 795205 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1,724.30 on 18-Oct-2021 and a 52 week low of Rs. 1164.40 on 15-Oct-2020.
Last one week high and low of the scrip stood at Rs. 1,724.30 and Rs. 1600.00 respectively. The current market cap of the company is Rs. 933614.39 crore.
The promoters holding in the company stood at 25.89%, while Institutions and Non-Institutions held 61.01% and 13.10% respectively.
HDFC Bank has reported results for second quarter ended September 30, 2021.
The bank has reported 17.59% rise in its net profit at Rs 8834.31 crore for the quarter under review as compared to net profit of Rs 7513.11 crore for the same quarter in the previous year. Total income of the bank increased by 7.44% at Rs 38754.16 crore for Q2FY22 as compared Rs 36069.42 crore for the corresponding quarter previous year.
On the consolidated basis, the bank has reported 18.09% rise in its net profit attributable to group of Rs 9096.19 crore for the quarter under review as against net profit of Rs 7702.86 crore for the same quarter in the previous year. Total income of the bank increased by 7.80% at Rs 41436.36 crore for Q2FY22 as compared Rs 38438.47 crore for the corresponding quarter previous year
