HDFC Bank Ltd.

HDFC Bank is currently trading at Rs. 1150.80, up by 51.65 points or 4.70% from its previous closing of Rs. 1099.15 on the BSE.

The scrip opened at Rs. 1142.00 and has touched a high and low of Rs. 1152.65 and Rs. 1124.65 respectively. So far 411819 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1304.10 on 19-Dec-2019 and a 52 week low of Rs. 738.90 on 24-Mar-2020.

Last one week high and low of the scrip stood at Rs. 1152.65 and Rs. 1034.40 respectively. The current market cap of the company is Rs. 603463.97 crore.

The promoters holding in the company stood at 26.10%, while Institutions and Non-Institutions held 58.89% and 14.76% respectively.

HDFC Bank has received shareholders’ approval for raising up to Rs 50,000 crore through issuance of unsecured perpetual debt instruments (part of additional tier I capital), tier II capital bonds and long term bonds (financing of infrastructure and affordable housing) on a private placement basis of an amount in aggregate not exceeding Rs 50,000 crore to enhance capital base to fund its business growth. The decision to this effect was taken in the Annual General Meeting concluded on July 18, 2020.

HDFC Bank is one of India’s premier banks providing a wide range of financial products and services using multiple distribution channels including a pan-India network of branches, ATMs, phone banking, net banking and mobile banking