HDFC Bank Ltd.

HDFC Bank is currently trading at Rs 669.20, up by 0.20 points or 0.03% from its previous closing of Rs 669.00 on the BSE.

The scrip opened at Rs 670.00 and has touched a high and low of Rs 670.50 and Rs 666.55 respectively. So far 43116 shares were traded on the counter.

The BSE group 'A' stock of face value Rs 2 has touched a 52 week high of Rs 705.00 on 30-Nov-2012 and a 52 week low of Rs 458.00 on 16-Jan-2012.

Last one week high and low of the scrip stood at Rs 682.25 and Rs. 665.00 respectively. The current market cap of the company is Rs 158518.30 crore.

The promoters holding in the company stood at 22.94% while Institutions and Non-Institutions held 42.60% and 17.30% respectively.

HDFC Bank, second largest private sector lender is eyeing to open 250 branches in the state of Gujarat over the period of next three years. The bank currently has 215 branches in the state and with the opening of the new branches the total number in the state would reach to 465 branches. The bank’s credit-deposit ratio in the state is at 105%.

The bank is planning to scale up its branch count against the backdrop of a slowdown in the country’s economy and mounting concerns over high fiscal and current account deficits.

HDFC Bank is one of India's premier banks providing a wide range of financial products and services to its 21 million customers across hundreds of Indian cities using multiple distribution channels including a pan- India network of branches, ATMs, phone banking, net banking and mobile banking.