HDFC Bank Ltd.

BSE: 500180 | NSE: HDFCBANK
Large Cap | Bank - Private
996.40
8.95 (0.91%)
< Home < Back

HDFC Bank gains on executing agreement to sell entire stake in Softcell Technologies Global

Date: 14-02-2023

HDFC Bank is currently trading at Rs. 1666.30, up by 7.70 points or 0.46% from its previous closing of Rs. 1658.60 on the BSE.

The scrip opened at Rs. 1661.00 and has touched a high and low of Rs. 1671.00 and Rs. 1660.90 respectively. So far 27884 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1721.85 on 04-Apr-2022 and a 52 week low of Rs. 1271.75 on 17-Jun-2022.

Last one week high and low of the scrip stood at Rs. 1671.00 and Rs. 1635.50 respectively. The current market cap of the company is Rs. 929762.24 crore.

The promoters holding in the company stood at 25.60%, while Institutions and Non-Institutions held 60.39% and 14.00% respectively.

HDFC Bank has executed an agreement on February 13, 2023 to sell 1,65,731 Equity Shares, being the 9.95% equity stake held by the Bank in Softcell Technologies Global (STGPL) at a price of Rs 600.36 per Equity Share for a total sale consideration of Rs 9.94 crore. The entire equity shareholding of the Bank in STGPL i.e. 9.95% is proposed to be divested.

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.