HDFC Asset Management Company Q3 Results 2025 on 15 Jan, 2025: profit rise by 31.45% YOY, profit at ₹641.36 crore and revenue at ₹934.63 crore
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4 hours, 14 minutes ago

HDFC Asset Management Company Q3 Results 2025 on 15 Jan, 2025: profit rise by 31.45% YOY, profit at ₹641.36 crore and revenue at ₹934.63 crore

Live Mint  

HDFC Asset Management Company Q3 Results 2025:HDFC Asset Management Company declared their Q3 results on 14 Jan, 2025, showcasing a significant growth in both revenue and profit. HDFC Asset Management Company Q3 Results The operating income for the quarter was up by 8.63% quarter-on-quarter and surged by 51.17% year-on-year. Currently, HDFC Asset Management Company boasts a market cap of ₹82,618.05 crore, with a 52-week high of ₹4864 and a low of ₹3256. HDFC Asset Management Company Financials Period Q3 Q2 Q-o-Q Growth Q3 Y-o-Y Growth Total Revenue 934.63 887.21 +5.34% 671.32 +39.22% Selling/ General/ Admin Expenses Total 95.34 95.94 -0.63% 90.55 +5.29% Depreciation/ Amortization 14.89 13.74 +8.37% 13.09 +13.75% Total Operating Expense 187.87 199.78 -5.96% 177.34 +5.94% Operating Income 746.76 687.43 +8.63% 493.98 +51.17% Net Income Before Taxes 839.85 858.41 -2.16% 636.83 +31.88% Net Income 641.36 576.61 +11.23% 487.92 +31.45% Diluted Normalized EPS 29.9 26.89 +11.19% 22.82 +31.03%

Management Company 2025 Asset Hdfc Asset Management Company 15 Jan  profit  revenue  jan  crore  asset  income  given  analysts  rise  management  total  company  results  yoy  2025  ratings  q3

History of this topic

HDFC AMC shares rally 5% after posting strong Q3 results; Should you buy or sell?
2 hours, 42 minutes ago

HDFC AMC shares rally 5% after posting strong Q3 results; Should you buy or sell?

Live Mint  

The shares of HDFC Asset Management Company rallied nearly 5.30 per cent to ₹4,070.05 on Wednesday's trading session after the company posted a 31 per cent increase in its consolidated net profit, which stood at ₹641 crore for the December quarter, compared to ₹488 crore in the same period last year. The revenue from operations in Q3FY25 amounted to ₹935 …

Q3 results today: HDFC Life Insurance, L&T Tech, Ceat to NELCO — 20 cos to declare Q3FY25 earnings on January 15, 2025
Trending News
9 hours, 2 minutes ago

Q3 results today: HDFC Life Insurance, L&T Tech, Ceat to NELCO — 20 cos to declare Q3FY25 earnings on January 15, 2025

Live Mint  

Q3 results today: From HDFC Life Insurance, L&T Tech, Bank of Maharashtra, Ceat to NELCO, and more, at least 20 companies are set to declare their Q3FY25 earnings on Wednesday — January 15, 2025. Q3 Results Today — January 15 HDFC Life Insurance Company, Oracle Financial Services Software, L&T Technology Services, Bank of Maharashtra, Ceat, Maharashtra Scooters, Transrail Lighting, Oriental …

HDFC AMC Q3 results: Net profit rises 31% YoY to ₹641 crore, revenue up 39%
Top News
1 day ago

HDFC AMC Q3 results: Net profit rises 31% YoY to ₹641 crore, revenue up 39%

Live Mint  

HDFC Asset Management Company, on Tuesday, reported a 31 per cent year-on-year rise in its net profit to ₹641 crore for the quarter ending on December 31, 2024. Revenue from operations for Q3FY25 reached to ₹935 crore, reflecting a 39 per cent increase compared to ₹671 crore reported by the company during the same quarter of the previous financial year. …

Q3 results: RIL, Infosys, HCL Tech, Wipro, Tech Mahindra among companies to declare earnings next week; check full list
3 days, 5 hours ago

Q3 results: RIL, Infosys, HCL Tech, Wipro, Tech Mahindra among companies to declare earnings next week; check full list

Live Mint  

The third quarter earnings season kicked off last week with Tata Consultancy Services announcing its Q3 results on January 9. Infosys, Wipro, HCL Technologies, Tech Mahindra, Kotak Mahindra Bank, L&T Technology Services, LTI Mindtree, HDFC Asset Management Company, and HDFC Life Insurance are set to release their quarterly financial results in the upcoming week. IT, FMCG, and select pharma sectors …

HDFC Bank share: Is this a stock to buy today after Q3 business update?
1 week, 2 days ago

HDFC Bank share: Is this a stock to buy today after Q3 business update?

Live Mint  

HDFC Bank share price fell on Monday after the country’s largest private sector lender's December quarter business update showed a moderate increase in gross advances and a strong growth in deposits. HDFC Bank’s average advances under management were ₹26,27,600 crore for the December 2024 quarter, a growth of around 7.6% YoY and around 2.5% QoQ. “A ‘buy on dip’ strategy …

Outlook 2025: HDFC Securities predicts modest Nifty 50 returns next year; here’s a look at its model portfolio
3 weeks, 2 days ago

Outlook 2025: HDFC Securities predicts modest Nifty 50 returns next year; here’s a look at its model portfolio

Live Mint  

In a recent report, HDFC Securities has forecasted moderate returns for India’s benchmark Nifty index over the next 12 months. HDFC Securities also expressed a more constructive view on discretionary sectors compared to staples, suggesting that consumer spending could shift towards discretionary goods and services as economic conditions improve. HDFC Securities' Model Portfolio The brokerage shared its top sector-wise stock …

HDFC Bank a beacon of safety amid rising systemic stress, shares deserve premium, says Emkay Global; raises target price
3 weeks, 2 days ago

HDFC Bank a beacon of safety amid rising systemic stress, shares deserve premium, says Emkay Global; raises target price

Live Mint  

HDFC Bank share price gained nearly 2% on Monday amid broad-based buying in banking stocks, fuelling a short-covering rally in the Indian stock market. Positive momentum in HDFC Bank shares was also boosted after Emkay Global reiterated its bullish view on the banking heavyweight and raised target price on the stock. With rising systemic stress, we believe HDFC Bank deserves …

HDFC Securities expects India GDP to moderate to 6.4% in 2024-25
3 weeks, 3 days ago

HDFC Securities expects India GDP to moderate to 6.4% in 2024-25

Live Mint  

New Delhi, December 22 : Financial advisory services firm HDFC Securities expects India's GDP to grow at 6.4 per cent in 2024-25, with downside risks given a slowdown in urban demand and a lack of substantial revival in private capex. For 2025-26, HDFC Securities said that GDP is estimated to improve to 6.7 per cent, HDFC Securities said in its …

HDFC Long Term Advantage Fund performance review analysis for December
1 month ago

HDFC Long Term Advantage Fund performance review analysis for December

Live Mint  

HDFC Long Term Advantage Fund -Direct Plan - Growth Option performance review analysis for December: HDFC Long Term Advantage Fund -Direct Plan - Growth Option, managed by the seasoned fund managers Chirag Setalvad, remains a prominent player in the ELSS. HDFC Long Term Advantage Fund boasts an impressive AUM of ₹1311.68 crore. Performance Analysis: Over the past week, HDFC Long …

HDFC Bank share price gains 10% in 3 weeks to hit 1-year high: Should you buy, sell or Hold the stock?
1 month, 1 week ago

HDFC Bank share price gains 10% in 3 weeks to hit 1-year high: Should you buy, sell or Hold the stock?

Live Mint  

Stock Market Today: HDFC Banks share price hit 1 Year high on Thursday, having risen more than 10% in 3 weeks. HDFC Bank has largely outperformed its large private peers in the recent past, primarily on account of its relatively better margin, asset quality outcomes amid rising asset quality noises in unsecured loans, said analysts at Emkay Global Financial Services. …

Explained: Why HDFC Bank share price gained 2% today
1 month, 1 week ago

Explained: Why HDFC Bank share price gained 2% today

India Today  

HDFC Bank's market capitalisation surpassed Rs 14 lakh crore on Tuesday after its shares gained in early trade, buoyed by reports of a major block deal. The block deal involved the sale of 21.7 lakh shares, valued at approximately Rs 392 crore based on the bank's previous closing price of Rs 1,804.55. HDFC Bank shares rose 2% in early trade …

Hdfc Life Share Price Today on 29-11-2024: Hdfc Life share price are up by 0.02%, Nifty up by 0.84%
1 month, 2 weeks ago

Hdfc Life Share Price Today on 29-11-2024: Hdfc Life share price are up by 0.02%, Nifty up by 0.84%

Live Mint  

Hdfc Life Share Price Today on 29-11-2024: At 29 Nov 11:02 today, Hdfc Life shares are trading at price ₹657.7, 0.02% up from the previous closing price. On the technical front, the stock is trading above the 300 days SMA & lower than the 5,10,20,50,100 day SMA. The stock will have support at 300 days SMA & face resistance at …

HDFC Bank Hits Milestone With Market Cap Surpassing Rs 14 Trillion
1 month, 2 weeks ago

HDFC Bank Hits Milestone With Market Cap Surpassing Rs 14 Trillion

ABP News  

HDFC Bank, India’s largest private sector lender, achieved a significant milestone as its market capitalisation crossed the Rs 14 trillion mark for the first time during Thursday’s intra-day trading on the BSE. The bank's shares soared to a record high of Rs 1,832.75, gaining 1.2 per cent in intra-day trade. Outperforming the Market Over the past six months, HDFC Bank’s …

HDFC Bank market cap crosses ₹14 lakh crore for the first time as stock hits fresh high
1 month, 2 weeks ago

HDFC Bank market cap crosses ₹14 lakh crore for the first time as stock hits fresh high

Live Mint  

India's largest private lender HDFC Bank's market capitalisation topped ₹14 lakh crore for the first time on Thursday, November 28 as the stock rose to its fresh high of ₹1,836.05 today. HDFC Bank's market cap touched ₹14.01 lakh crore but later slipped below the coveted ₹14 lakh crore mark amid sharp profit-taking in the broader markets. HDFC Bank is India's …

Hdfc Bank Share Price Today on 27-11-2024: Hdfc Bank share price are up by 0.23%, Nifty up by 0.04%
1 month, 2 weeks ago

Hdfc Bank Share Price Today on 27-11-2024: Hdfc Bank share price are up by 0.23%, Nifty up by 0.04%

Live Mint  

Hdfc Bank Share Price Today on 27-11-2024: At 27 Nov 11:26 today, Hdfc Bank shares are trading at price ₹1789.5, 0.23% up from the previous closing price. On the technical front, the stock is trading above the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. …

Hdfc Life Share Price Today on 26-11-2024: Hdfc Life share price are up by 0%, Nifty down by -0.01%
Trending News
1 month, 2 weeks ago

Hdfc Life Share Price Today on 26-11-2024: Hdfc Life share price are up by 0%, Nifty down by -0.01%

Live Mint  

Hdfc Life Share Price Today on 26-11-2024: At 26 Nov 11:26 today, Hdfc Life shares are trading at price ₹685, 0% up from the previous closing price. On the technical front, the stock is trading above the 300 days SMA & lower than the 5,10,20,50,100 day SMA. The stock will have support at 300 days SMA & face resistance at …

Hdfc Bank Share Price Today on 26-11-2024: Hdfc Bank share price are down by -0.59%, Nifty up by 0.04%
1 month, 2 weeks ago

Hdfc Bank Share Price Today on 26-11-2024: Hdfc Bank share price are down by -0.59%, Nifty up by 0.04%

Live Mint  

Hdfc Bank Share Price Today on 26-11-2024: At 26 Nov 11:11 today, Hdfc Bank shares are trading at price ₹1774.05, -0.59% down from the previous closing price. On the technical front, the stock is trading above the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. …

Hdfc Life Share Price Today on 25-11-2024: Hdfc Life share price are up by 0.56%, Nifty up by 1.71%
Top News
1 month, 3 weeks ago

Hdfc Life Share Price Today on 25-11-2024: Hdfc Life share price are up by 0.56%, Nifty up by 1.71%

Live Mint  

Hdfc Life Share Price Today on 25-11-2024: At 25 Nov 11:15 today, Hdfc Life shares are trading at price ₹690.75, 0.56% up from the previous closing price. On the technical front, the stock is trading above the 5,300 days SMA & lower than the 10,20,50,100 day SMA. The stock will have support at 5,300 days SMA & face resistance at …

Hdfc Bank Share Price Today on 25-11-2024: Hdfc Bank share price are up by 1.82%, Nifty up by 1.69%
Top News
1 month, 3 weeks ago

Hdfc Bank Share Price Today on 25-11-2024: Hdfc Bank share price are up by 1.82%, Nifty up by 1.69%

Live Mint  

Hdfc Bank Share Price Today on 25-11-2024: At 25 Nov 11:13 today, Hdfc Bank shares are trading at price ₹1777.8, 1.82% up from the previous closing price. On the technical front, the stock is trading above the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. …

HDFC Bank shares hit all-time high above Rs 1,800 amid MSCI rebalancing
1 month, 3 weeks ago

HDFC Bank shares hit all-time high above Rs 1,800 amid MSCI rebalancing

New Indian Express  

MUMBAI: Shares of HDFC Bank, India’s largest private sector lender, surged above the Rs 1,800-mark to hit a fresh all-time high of Rs 1,803.55 on Monday, driven by a surge in trading volumes following the implementation of the Morgan Stanley Capital International November rebalancing. Since the reverse merger with its parent company, HDFC, in July 2023, HDFC Bank's stock had …

Hdfc Bank Share Price Today on 13-11-2024: Hdfc Bank share price are down by -2.16%, Nifty down by -1.36%
2 months ago

Hdfc Bank Share Price Today on 13-11-2024: Hdfc Bank share price are down by -2.16%, Nifty down by -1.36%

Live Mint  

Hdfc Bank Share Price Today on 13-11-2024: At 13 Nov 16:01 today, Hdfc Bank shares are trading at price ₹1681.25, -2.16% down from the previous closing price. On the technical front, the stock is trading above the 100,300 days SMA & lower than the 5,10,20,50 day SMA. The stock will have support at 100,300 days SMA & face resistance at …

Hdfc Life Share Price Today on 13-11-2024: Hdfc Life share price are down by -2.19%, Nifty down by -1.36%
2 months ago

Hdfc Life Share Price Today on 13-11-2024: Hdfc Life share price are down by -2.19%, Nifty down by -1.36%

Live Mint  

Hdfc Life Share Price Today on 13-11-2024: At 13 Nov 16:01 today, Hdfc Life shares are trading at price ₹685.1, -2.19% down from the previous closing price. On the technical front, the stock is trading above the 300 days SMA & lower than the 5,10,20,50,100 day SMA. The stock will have support at 300 days SMA & face resistance at …

Hdfc Bank Share Price Today on 11-11-2024: Hdfc Bank share price are up by 0.69%, Nifty down by -0.03%
2 months ago

Hdfc Bank Share Price Today on 11-11-2024: Hdfc Bank share price are up by 0.69%, Nifty down by -0.03%

Live Mint  

Hdfc Bank Share Price Today on 11-11-2024: At 11 Nov 16:00 today, Hdfc Bank shares are trading at price ₹1766.6, 0.69% up from the previous closing price. On the technical front, the stock is trading above the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. …

Hdfc Bank Share Price Today on 07-11-2024: Hdfc Bank share price are down by -0.46%, Nifty down by -1.16%
2 months, 1 week ago

Hdfc Bank Share Price Today on 07-11-2024: Hdfc Bank share price are down by -0.46%, Nifty down by -1.16%

Live Mint  

Hdfc Bank Share Price Today on 07-11-2024: At 07 Nov 16:00 today, Hdfc Bank shares are trading at price ₹1746.15, -0.46% down from the previous closing price. On the technical front, the stock is trading above the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. …

Hdfc Life Share Price Today on 07-11-2024: Hdfc Life share price are up by 0.4%, Nifty down by -1.16%
2 months, 1 week ago

Hdfc Life Share Price Today on 07-11-2024: Hdfc Life share price are up by 0.4%, Nifty down by -1.16%

Live Mint  

Hdfc Life Share Price Today on 07-11-2024: At 07 Nov 16:01 today, Hdfc Life shares are trading at price ₹711.65, 0.4% up from the previous closing price. On the technical front, the stock is trading above the 100,300 days SMA & lower than the 5,10,20,50 day SMA. The stock will have support at 100,300 days SMA & face resistance at …

Hdfc Bank Share Price Today on 06-11-2024: Hdfc Bank share price are down by -0.22%, Nifty up by 1.12%
2 months, 1 week ago

Hdfc Bank Share Price Today on 06-11-2024: Hdfc Bank share price are down by -0.22%, Nifty up by 1.12%

Live Mint  

Hdfc Bank Share Price Today on 06-11-2024: At 06 Nov 16:01 today, Hdfc Bank shares are trading at price ₹1754.15, -0.22% down from the previous closing price. On the technical front, the stock is trading above the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. …

Hdfc Life Share Price Today on 05-11-2024: Hdfc Life share price are up by 0.95%, Nifty up by 0.91%
2 months, 1 week ago

Hdfc Life Share Price Today on 05-11-2024: Hdfc Life share price are up by 0.95%, Nifty up by 0.91%

Live Mint  

Hdfc Life Share Price Today on 05-11-2024: At 05 Nov 16:01 today, Hdfc Life shares are trading at price ₹717.6, 0.95% up from the previous closing price. On the technical front, the stock is trading above the 100,300 days SMA & lower than the 5,10,20,50 day SMA. The stock will have support at 100,300 days SMA & face resistance at …

Hdfc Life Share Price Today: Technical and Fundamental Analysis Indicates Potential Reversal
2 months, 2 weeks ago

Hdfc Life Share Price Today: Technical and Fundamental Analysis Indicates Potential Reversal

Live Mint  

Hdfc Life share price is trading slightly up today, with a price change of 0.23%. The stock is currently trading at ₹719.35, up from the previous closing price of ₹719.35. However, the Nifty is trading down by -0.78%, with a price change of ₹79565.18. The stock has hit a high of ₹721.7 and a low of ₹708.65 during the day.

Hdfc Bank Share Price Today: Up 0.12%, Nifty Down by -0.7%
Trending News
2 months, 2 weeks ago

Hdfc Bank Share Price Today: Up 0.12%, Nifty Down by -0.7%

Live Mint  

Hdfc Bank shares are trading slightly up today, with the stock price increasing by 0.12%. The Nifty is down by -0.7%. The stock has hit a high of ₹1741.7 and a low of ₹1725.1 during the day, but it is currently trading above the short term simple moving averages of 5, 10, 20 day as well as longer term moving …

Hdfc Bank Shares Up 3.17%, Nifty Down 0.39% Today
2 months, 3 weeks ago

Hdfc Bank Shares Up 3.17%, Nifty Down 0.39% Today

Live Mint  

Hdfc Bank shares are trading up by 3.17% today, while the Nifty is down by -0.39%. The stock has hit a high of ₹1748.2 and a low of ₹1710.5 during the day, and is currently trading above the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 …

Hdfc Life Share Price Today on : Strong Bullish Trend, Key Resistance & Support Levels
Trending News
2 months, 3 weeks ago

Hdfc Life Share Price Today on : Strong Bullish Trend, Key Resistance & Support Levels

Live Mint  

Hdfc Life share price is trading slightly up today, with a price change of 0.11%. The stock has hit a high of ₹755.45 and a low of ₹742.8 during the day, but it is currently trading above the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 …

HDFC Life Insurance Net Profit Soars 15% in Q2
2 months, 4 weeks ago

HDFC Life Insurance Net Profit Soars 15% in Q2

The Hindu  

HDFC Life Insurance Company Ltd. reported a significant increase in its standalone net profit in the second quarter of fiscal 2025. The net profit increased by 15%, reaching ₹433 crore. This is a 15% increase from the previous year's profit of ₹377 crore. The standalone net premium income also increased by 12.3%, reaching ₹16,570 crore. The company's total Assets Under …

HDFC Bank Q2 Update: Gross advances rise 7% to ₹25.19 lakh crore, deposits jump 15% YoY
3 months, 1 week ago

HDFC Bank Q2 Update: Gross advances rise 7% to ₹25.19 lakh crore, deposits jump 15% YoY

Live Mint  

HDFC Bank, the country’s biggest private sector lender, on Friday, reported gross advances growth of 7% at ₹25.19 lakh crore as of September 30, 2024, compared with ₹23.54 lakh crore as of September 30, 2023. {{^adFree}} {{/adFree}} HDFC Bank’s advances under management, which include advances grossing up for inter-bank participation certificates, bills rediscounted and securitisation/assignment, stood at ₹26.33 lakh crore …

Stocks To Watch: HDFC Bank, IIFL, Nykaa, Hero MotoCorp, TCS, SBI, SJVN, And Others
3 months, 3 weeks ago

Stocks To Watch: HDFC Bank, IIFL, Nykaa, Hero MotoCorp, TCS, SBI, SJVN, And Others

News 18  

Stocks To Watch On September 20: Domestic markets ended almost unchanged in a volatile expiry session, continuing the recent trend. In today’s trade, shares of Reliance Infra, VST Industries, IDFC First Bank, NTPC, Vodafone Idea among others will be in focus due to various news developments. Reliance Infrastructure: The company’s board has approved a preferential issue to raise Rs 3,014 …

HDFC Bank to Announce Q2 FY25 Financial Results on October 19, Check Details
3 months, 4 weeks ago

HDFC Bank to Announce Q2 FY25 Financial Results on October 19, Check Details

News 18  

HDFC Bank, India’s largest private sector lender, on Monday said it will announce its second-quarter results for the current financial year 2024-25 on October 19. In a BSE filing, the company said its board of directors will meet on October 19, 2024, “to inter-alia consider and approve the un-audited standalone and consolidated financial results for the quarter/half-year ending September 30, …

HDFC Bank logs 35% increase in net profit
5 months, 3 weeks ago

HDFC Bank logs 35% increase in net profit

New Indian Express  

NEW DELHI: Returning to its once famed over 30% net income for as many as 34 quarters on the trot which ended with the pandemic era, the second-largest lender logged in a robust 35.33% jump in net profit at Rs 16,174.75 crore for the June quarter even though the numbers are not comparable since the merger with its parent took …

HDFC Bank Q1 Results: Profit Surges 35% YoY At Rs 16,175 Crore
5 months, 3 weeks ago

HDFC Bank Q1 Results: Profit Surges 35% YoY At Rs 16,175 Crore

ABP News  

HDFC Bank, India's largest private sector lender, announced a 35 per cent year-on-year growth in net profit to Rs 16,175 crore for the quarter ending June 2024, supported by robust net interest income and reduced provisions. However, compared sequentially, the lender's net profit declined by 2 per cent from Rs 16,511.85 crore in Q4FY24, primarily due to slower income growth …

HDFC AMC net jumps 26 per cent to Rs 604 crore, income up 29 per cent
6 months ago

HDFC AMC net jumps 26 per cent to Rs 604 crore, income up 29 per cent

New Indian Express  

MUMBAI: The third-largest fund house, HDFC AMC, registered a 26 percent on-year growth in net income in the June quarter at Rs 604 crore over the Rs 477.5 crore in the year-ago period. The fund house manages assets worth Rs 7.06 trillion and has a market share of 11.4 per cent as of the reporting period; within the equity funds, …

Yes Bank Q4 standalone net profit rises to ₹452 crore
8 months, 2 weeks ago

Yes Bank Q4 standalone net profit rises to ₹452 crore

Hindustan Times  

Yes Bank on Saturday reported its net profit at ₹452 crore for the quarter ending on March 31, Reuters reported. Yes Bank's net interest income, the difference between the interest earned on loans and paid to depositors, rose 2.3% to ₹2,153 crore. Last week, HDFC Bank had announced its Q4 results, reporting a ₹17,257.87 crore net profit for January-March on …

HDFC Bank reports Q4 net profit at ₹16,512 crore
8 months, 3 weeks ago

HDFC Bank reports Q4 net profit at ₹16,512 crore

Hindustan Times  

Private lender HDFC Bank's net profit in fourth quarter stood at ₹16,512 crore. As per the statement released by the company, HDFC Bank's net interest income - the difference between interest earned and paid - rose 2.1% from the previous quarter to ₹29,080 crore. The bank's core net interest margin was 3.44% on total assets and 3.63% on interest-earning ones, …

HDB Financial Services: Japan-based MUFG to acquire 20% stake in HDFC Bank’s non-banking arm at close $10 bn valuation
9 months ago

HDB Financial Services: Japan-based MUFG to acquire 20% stake in HDFC Bank’s non-banking arm at close $10 bn valuation

Live Mint  

The Bank of Tokyo-Mitsubishi UFJ is getting ready to acquire a 20 per cent stake in HDB Financial Services, a non-banking subsidiary of HDFC Bank, at a valuation of $9-10 billion, according to a report by the Economic Times. HDFC Bank, the country's largest private lender, currently owns around 95 per cent of HDB Financial Services, with the remaining 5 …

HDFC Bank ADR rises 7% after Q4 updates lifts sentiments despite reduction in FII shareholding
9 months, 1 week ago

HDFC Bank ADR rises 7% after Q4 updates lifts sentiments despite reduction in FII shareholding

Live Mint  

HDFC Bank stock is likely to extend gains on Friday as its US-listed shares rose more than seven per cent on April 4. HDFC Bank American Depository Receipts on the New York Stock Exchange was last up 6.21 per cent at $69.90, after India's biggest private lender's fourth quarter business updates lifted investor sentiments earlier today. The FII ownership in …

Why HDFC Bank shares are rising today after Q4 gross advances, deposits grow
9 months, 1 week ago

Why HDFC Bank shares are rising today after Q4 gross advances, deposits grow

Hindustan Times  

HDFC Bank share price today: The share price of HDFC Bank gained almost 3% today after the bank reported 55.4% year-on-year growth in gross advances to ₹25.08 lakh crore as of March 31, 2024, from ₹16.14 lakh crore as of March 31, 2023. The bank’s advances grew by around 53.8% over March 31, 2023 and around 1.9% over December 31, …

HDFC Bank Q4 update: Gross advances up 1.6%, deposits rise 26%
9 months, 1 week ago

HDFC Bank Q4 update: Gross advances up 1.6%, deposits rise 26%

Hindustan Times  

HDFC Bank said its gross advances at the end of the March quarter rose 1.6% to 25.08 trillion rupees from the December quarter. Gross advances at ₹16.14 lakh crore in the corresponding period of the previous financial year and rose over ₹24.69 lakh crore as of December 31, 2023, the bank informed. The private lender said that its domestic retail …

HDFC Bank receives RBI approval to sell stake in HDFC Credila
10 months, 3 weeks ago

HDFC Bank receives RBI approval to sell stake in HDFC Credila

Live Mint  

HDFC Bank said that it has received approval from markets regulator Reserve Bank of India to offload 90 percent of HDFC Credila’s total issued and paid-up share capital. The company said in an exchange filing, “ This is in connection with our earlier intimation dated June 19, 2023, wherein we had informed that erstwhile Housing Development Finance Corporation Limited had …

HDFC Bank holds 95% in HDB Financial. Not for much longer
11 months, 2 weeks ago

HDFC Bank holds 95% in HDB Financial. Not for much longer

Live Mint  

HDFC Bank Ltd plans to sell some of its shareholding in subsidiary HDB Financial Services over some time, two people aware of the matter said on condition of anonymity. HDFC Bank could also consider selling some assets on its loan book to release high-cost borrowings. Additionally, banking system liquidity has dropped from a surplus of ₹9 trillion to a deficit …

HDFC Bank shares fall 7% day after Q3 results; steep decline in stock market
11 months, 4 weeks ago

HDFC Bank shares fall 7% day after Q3 results; steep decline in stock market

Hindustan Times  

HDFC Bank share price: Just a day after its quarterly results were posted, the shares of HDFC Bank fell over 7 percent as the markets opened on Wednesday. HDFC Bank shares fall after Q3 results At 9:15 am on January 17, HDFC Bank share prices were recorded at ₹1583.85 apiece, falling seven percent from its previous closing rate. Not only …

HDFC Bank Q3 profit surges 34 per cent to Rs 16,373 crore, NPAs decline to 0.31 per cent
11 months, 4 weeks ago

HDFC Bank Q3 profit surges 34 per cent to Rs 16,373 crore, NPAs decline to 0.31 per cent

India TV News  

HDFC Bank, the largest private sector lender in India, has reported a 34 per cent increase in its standalone net profit to Rs 16,373 crore for the third quarter ending December 2023. The total income on a standalone basis also witnessed substantial growth, reaching Rs 81,720 crore in the October-December quarter of FY24 compared to Rs 51,208 crore in the …

Manappuram Finance, Bharat Dynamics among HDFC Securities’ fundamental picks
1 year, 1 month ago

Manappuram Finance, Bharat Dynamics among HDFC Securities’ fundamental picks

Live Mint  

The Indian stock market is witnessing a decent rally with the benchmark Nifty 50 index reclaiming 20,000 level on Wednesday led by positive domestic and global market cues. HDFC Securities is bullish on Manappuram Finance, Bharat Dynamics and IOL Chemicals & Pharmaceuticals and advises investors to buy these stocks and add at lower levels for an upside of up to …

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