HDFC Bank Ltd.

HDFC Bank is currently trading at Rs. 545.60, up by 3.90 points or 0.72% from its previous closing of Rs. 541.70 on the BSE.

The scrip opened at Rs. 546.00 and has touched a high and low of Rs. 549.25 and Rs. 538.20 respectively. So far 115969 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 557.70 on 20-Apr-2012 and a 52 week low of Rs. 400.45 on 19-Dec-2011.

Last one week high and low of the scrip stood at Rs. 557.70 and Rs. 534.10 respectively. The current market cap of the company is Rs. 127894.51 crore.

The promoters holding in the company stood at 23.20% while Institutions and Non-Institutions held 40.54% and 18.93% respectively.

HDFC Bank, country’s largest private sector lender has inked pact with Wells Fargo to enable US-based NRIs to remit funds online or through phone to their beneficiaries in India.

US-based customers need to carry out their first transaction at a Wells Fargo branch to avail of the remittance facility. Subsequent transactions can be conducted through Wells Fargo.com, or via Wells Fargo Phone Bank. Funds are sent to HDFC Bank quickly for credit.

The bank has reported 30.35% jump in its net profit of Rs 1453.08 crore for the fourth quarter ended March 31, 2012 as compared to Rs 1114.71 crore for the same quarter previous year. The bank’s total income has increased to Rs 8880.02 crore for the quarter under review from Rs 6724.31 crore for the corresponding quarter previous year, up by 32.06%.