HDFC Bank gains on the buzz of entering into strategic partnership with Paytm
HDFC Bank is currently trading at Rs. 1518.70, up by 4.35 points or 0.29% from its previous closing of Rs. 1514.35 on the BSE.
The scrip opened at Rs. 1528.00 and has touched a high and low of Rs. 1530.00 and Rs. 1509.00 respectively. So far 163459 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. 1025.15 on 24-Sep-2020.
Last one week high and low of the scrip stood at Rs. 1564.75 and Rs. 1487.00 respectively. The current market cap of the company is Rs. 840162.97 crore.
The promoters holding in the company stood at 25.89%, while Institutions and Non-Institutions held 60.85% and 13.10% respectively.
HDFC Bank has reportedly entered into strategic partnership with Paytm. This brings together two market leaders who will drive innovative digital solutions for financial transformation in the country by combining their strengths in the banking, lending and digital payments space.
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.