Housing Development Finance Corporation is currently trading at Rs. 855.00, up by 13.15 points or 1.56 % from its previous closing of Rs. 841.85 on the BSE.
The scrip opened at Rs. 848.00 and has touched a high and low of Rs. 856.00 and Rs. 842.75 respectively. So far 14926 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 931.00 on 30-May-2013 and a 52 week low of Rs. 632.20 on 28-Aug-2013.
Last one week high and low of the scrip stood at Rs. 868.25 and Rs. 839.95 respectively. The current market cap of the company is Rs. 131365.54 crore.
The promoters holding in the company stood at NA % while Institutions and Non-Institutions held 87.13 % and 12.87 % respectively.
Housing Development Finance Corporation (HDFC) is reportedly planning to raise up to Rs 1, 000 crore ($163.25 million) via 15-month bonds at 9.60% annual coupon. Base size of the issue is Rs 500 crore. The company will be a sole arranger for the bond sale.
HDFC is India’s premier housing finance entity in existence for over 35 years. With a presence in banking, insurance and asset management, the HDFC group is an important part of the Indian financial services.
