HDFC Bank Ltd.

HDFC Bank is currently trading at Rs. 1646.00, up by 7.35 points or 0.45% from its previous closing of Rs. 1638.65 on the BSE.

The scrip opened at Rs. 1650.00 and has touched a high and low of Rs. 1653.65 and Rs. 1640.20 respectively. So far 141516 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1733.95 on 04-May-2023 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. 1681.00 and Rs. 1625.40 respectively. The current market cap of the company is Rs. 920260.76 crore.

The promoters holding in the company stood at 25.59%, while Institutions and Non-Institutions held 60.49% and 13.92% respectively.

SBI Funds Management (SBIFML) has received approval from Reserve Bank of India (RBI) to acquire up to 9.99 per cent stake in HDFC Bank. The approval has been granted with reference to the application made by SBIFML to RBI. SBIFML has to ensure that the aggregate holding in the bank remains below 10 per cent of the paid-up share capital or voting rights of the HDFC Bank at all times. 

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.