HDFC Bank Ltd.

HDFC Bank is currently trading at Rs 660.00, up by 7.00 points or 1.07 % from its previous closing of Rs. 653.00 on the BSE.

The scrip opened at Rs 655.00 and has touched a high and low of Rs 662.50 and Rs 650.60 respectively. So far 47051 shares were traded on the counter.

The BSE group 'A' stock of face value Rs 2 has touched a 52 week high of Rs 727.00 on 30-May-2013 and a 52 week low of Rs. 528.00 on 28-Aug-2013.

Last one week high and low of the scrip stood at Rs 698.00 and Rs 650.00 respectively. The current market cap of the company is Rs 157363.22 crore.

The promoters holding in the company stood at 22.72% while Institutions and Non-Institutions held 43.45% and 16.81% respectively.

HDFC Bank, the country’s second largest private sector bank has filed an application with the Foreign Investment Promotion Board (FIPB) seeking approval for increasing its foreign shareholding limit, in accordance with the current prevailing guidelines. The bank has taken this step since the total foreign shareholding (FII and FDI) has crossed 49%.

The foreign shareholding in the bank as on December 13, 2013 was 52.18% of its paid-up capital. This includes investments through the FDI route in ADRs/GDRs of 17.01% which were raised in accordance with the then applicable guidelines, and other foreign holdings made under the FII route of 35.17%.

The Reserve Bank of India had earlier notified that the foreign shareholding through Foreign Institutional Investors (FIIs)/Non Resident Indians (NRI)/Persons of Indian Origin (PIO)/Foreign Direct Investment (FDI)/ADRs/GDRs in the bank has crossed the overall limit of 49% of its paid-up