Housing Development Finance Corporation (HDFC) is currently trading at Rs. 1375.00, up by 8.05 points or 0.59 % from its previous closing of Rs. 1366.95 on the BSE.
The scrip opened at Rs. 1364.35 and has touched a high and low of Rs. 1378.00 and Rs. 1358.00 respectively. So far 26761 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1409.95 on 28-Jul-2016 and a 52 week low of Rs. 1012.00 on 25-Feb-2016.
Last one week high and low of the scrip stood at Rs. 1400.00 and Rs. 1349.35 respectively. The current market cap of the company is Rs. 217218.02 crore.
The institutions and non-institutions held 88.25% and 11.75% stake in the company, respectively.
In order to meet its long-term capital requirements, HDFC, the country’s premier housing finance entity, has decided to issue secured redeemable non-convertible debentures (NCDs) worth Rs 500 crore on a private placement basis for a tenor of one-and-a-half years. The proceeds of the present issue would be utilized for financing/refinancing the housing finance business requirements of the corporation. The bonds would carry a coupon rate of 7.7 per cent per annum.
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.
| Company Name | CMP |
|---|---|
| LIC Housing Finance | 564.70 |
| Housing & Urban Dev. | 198.90 |
| Bajaj Housing Financ | 91.04 |
| Piramal Finance | 1695.85 |
| PNB Housing Finance | 979.05 |
| View more.. | |
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