HDFC Bank gains on reporting 22% rise in Q2 consolidated net profit
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HDFC Bank is currently trading at Rs. 1448.95, up by 7.85 points or 0.54% from its previous closing of Rs. 1441.10 on the BSE.
The scrip opened at Rs. 1434.65 and has touched a high and low of Rs. 1451.65 and Rs. 1427.05 respectively. So far 99012 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1724.30 on 18-Oct-2021 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. 1451.65 and Rs. 1384.00 respectively. The current market cap of the company is Rs. 796587.69 crore.
The promoters holding in the company stood at 25.73%, while Institutions and Non-Institutions held 59.58% and 14.69% respectively.
HDFC Bank has reported rise of 20.05% in its net profit at Rs 10605.78 crore for second quarter ended September 30, 2022 as compared to Rs 8834.31 crore for the corresponding quarter previous year. Total income of the bank increased by 19.17% to Rs 46,181.96 crore for the quarter under review as compared to Rs 38,754.16 crore for the same quarter in the previous year.
On the consolidated basis, the bank has reported rise of 22.40% in its net profit at Rs 11162.59 crore for second quarter ended September 30, 2022 as compared to Rs 9119.96 crore for the same quarter in the previous year. Total income of the bank increased by 18.69% to Rs 49,182.10 crore for the quarter under review as compared to Rs 41,436.36 crore for the same quarter in the previous year.
