HDFC Bank trades higher on the bourses

15 Nov 2011 Evaluate

HDFC Bank is currently trading at Rs. 474.15, up by 3.45 points or 0.73% from its previous closing of Rs. 470.70 on the BSE.

The scrip opened at Rs. 470.00 and has touched a high and low of Rs. 477.70 and Rs. 470.00 respectively. So far 94,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 519.50 on 19-Jul-2011 and a 52 week low of Rs. 396.00 on 09-Feb-2011.

Last one week high and low of the scrip stood at Rs. 486.00 and Rs. 463.00 respectively. The current market cap of the company is Rs. 1,10,837.00 crore.

The promoters holding in the company stood at 23.23% while Institutions and Non-Institutions held 40.27% and 19.15% respectively.

HDFC Bank, country's second largest private sector lender inks pact with Diners Club International to provide Diners Club International credit cards and merchant acquiring services.  The bank aims to generate more opportunities for the Diners Club brand in India. HDFC Bank will further extend its foray into the super premium segment with this association.

Diners Club International’s expanded network will help HDFC Bank and its customers to access millions of merchant locations and more than 800,000 cash access locations and ATMs.

Diners Club is a subsidiary of the Discover, a leading credit card issuer and electronic payment services provider worldwide. Set up in 1950, Diners Club was the world's first multi-purpose charge card available across 185 markets.

The company’s net profit for the quarter surged 31.49% at Rs 1199.35 crore as compared to Rs 912.14 crore for the quarter ended September 30, 2010. Its total income has increased by 37.41% to Rs 7929.38 crore for the quarter under review from Rs 5770.70 crore for the similar quarter of the previous year. Other income (non-interest revenue) of the company for the quarter ended September 30, 2011 has increased by 26.10% to Rs 1,211.70 crore.

HDFC Bank Share Price

1712.50 2.20 (0.13%)
07-Jan-2025 09:39 View Price Chart
Peers
Company Name CMP
HDFC Bank 1712.50
ICICI Bank 1278.45
Axis Bank 1064.15
Kotak Mahindra Bank 1787.55
Indusind Bank 983.30
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