SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

HDFC gains on plans to raise up to Rs 500 crore through Rupee Denominated Bonds

31 Aug 2016 Evaluate

Housing Development Finance Corporation (HDFC) is currently trading at Rs. 1404.10, up by 11.80 points or 0.85% from its previous closing of Rs. 1392.30 on the BSE.

The scrip opened at Rs. 1392.00 and has touched a high and low of Rs. 1405.95 and Rs. 1392.00 respectively. So far 4,489 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1410.00 on 30-Aug-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. 1410.00 and Rs. 1349.35 respectively. The current market cap of the company is Rs. 2,22,274.00 crore.

The Institutions and Non-Institutions held 88.25% and 11.75% respectively in the company.

Housing Development Finance Corporation (HDFC) is undertaking an issuance of Rupee Denominated Bonds to overseas investors. The corporation is eyeing to raise funds pursuant to the approval of the Board of Directors at its previously held meetings.

The corporation is looking to raise up to Rs 500 crore. The issue opening date is August 31, 2016 while the issue closing / pricing date will be September 1, 2016. The bonds will be listed on London Stock Exchange.

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.


HDFC-Amalgamated Share Price

2729.95 0.00 (0.00%)
12-Jul-2023 18:01 View Price Chart
Peers

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×