HDFC Bank Ltd.

HDFC Bank is currently trading at Rs. 678.70, up by 4.90 points or 0.73% from its previous closing of Rs. 673.80 on the BSE.

The scrip opened at Rs. 677.00 and has touched a high and low of Rs. 680.70 and Rs. 676.85 respectively. So far 14672 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. 482.30 on 23-May-2012.

Last one week high and low of the scrip stood at Rs. 680.75 and Rs. 659.80 respectively. The current market cap of the company is Rs. 160934.72 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, country's largest credit card issuer is in process to replace some points of sale machines at merchant establishments due to skimming frauds. In these skimming frauds, the card data is copied illegally in an otherwise legitimate transaction, only to be used fraudulently later.

The bank is one of the largest players in the merchant acquisition space as well, with close to 2.5 lakh machines. It has over 6.4 million cards in circulation with an outstanding portfolio of Rs 10,000 crore and 35% market share.