Housing Development Finance Corporation is currently trading at Rs. 1205.50, up by 10.30 points or 0.86% from its previous closing of Rs. 1195.20 on the BSE.
The scrip opened at Rs. 1207.00 and has touched a high and low of Rs. 1215.00 and Rs. 1200.00 respectively. So far 24956 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1399.80 on 04-Mar-2015 and a 52 week low of Rs. 975.25 on 16-Oct-2014.
Last one week high and low of the scrip stood at Rs. 1246.00 and Rs. 1093.80 respectively. The current market cap of the company is Rs. 190033.45 crore.
The Institutions and Non-Institutions held 88.29% and 11.71% stake in the company respectively.
Housing Development Finance Corporation (HDFC), the country’s largest mortgage lender, has raised Rs 2,000 crore through the sale of bonds in order to boost lending operations and meet its future capital needs. The bonds, which have tenure of 5 years, attracted a coupon rate of 8.5%.
HDFC offers a whole gamut of products like loans to individuals, loans to corporates, construction finance, and lease rental discounting. The financial conglomerate has subsidiaries and associates in insurance (general and life), asset management, education finance, venture funds and banking services.
