Five changes that will take place after HDFC’s exit from bourses
1 year, 5 months ago

Five changes that will take place after HDFC’s exit from bourses

Live Mint  

Housing Development Finance Corporation merged with its subsidiary HDFC Bank on July 1, 2023, following which shares of HDFC ceased to exist on bourses from Thursday, July 13. Shrey Jain, Founder and CEO of SAS Online - India's Deep Discount Broker pointed out that following its merger of HDFC and HDFC Bank, the latter's weightage in the Nifty50 has surged to an impressive 14.43 per cent. Change in weight of HDFC Bank in Nifty Bank: HDFC Bank will see an upward weight revision to 29 per cent from 27 per cent in the Nifty Bank index. "In the Nifty Bank index, HDFC Bank's weightage will experience a significant boost, increasing from 26.9 per cent to 29.1 per cent. "Post the merger of HDFC - HDFC Bank, the weightage of HDFC Bank has increased to 14.4 per cent and 29.1 per cent in Nifty and Nifty Bank, respectively.

Index Weight Reliance Industries Nifty Cent Nifty Bank Hdfc Bank Hdfc Nifty50 Weightage Bank Merger  bank  merger  nifty  cent  weight  weightage  changes  index  nifty50  place  bourses  hdfcs  shares  hdfc  exit

History of this topic

HDFC Bank restarts talks with Mitsubishi UFJ for HDB Financial stake sale ahead of IPO: Report
1 week, 1 day ago

HDFC Bank restarts talks with Mitsubishi UFJ for HDB Financial stake sale ahead of IPO: Report

Live Mint  

HDFC Bank has resumed discussions with the Japanese financial giant Mitsubishi UFJ Financial Group for a sizeable stake sale in its subsidiary HDB Financial ahead of its initial public offering, Moneycontrol reported on Monday, December 16, citing people aware of the development. According to the sources cited by the news portal, Reserve Bank of India norms, introduced on October 4, …

HDFC Bank share price gains 10% in 3 weeks to hit 1-year high: Should you buy, sell or Hold the stock?
2 weeks, 5 days 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. …

Three reasons HDFC Bank may turn around sooner than you think
3 weeks ago

Three reasons HDFC Bank may turn around sooner than you think

Live Mint  

HDFC Bank shares hit an all-time high of ₹1,830 apiece on 28 November. Anticipated fund-flows While fund-flows are temporary and volatile, two major sources of fund flows may explain the recent buoyancy in the HDFC Bank stock. This influx is primarily due to HDFC Bank's increased weight in the MSCI Global Standard Index, which will enhance its attractiveness to passive …

Explained: Why HDFC Bank share price gained 2% today
3 weeks 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 Bank Hits Milestone With Market Cap Surpassing Rs 14 Trillion
3 weeks, 5 days 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
3 weeks, 5 days 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%
3 weeks, 6 days 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 Bank Share Price Today on 26-11-2024: Hdfc Bank share price are down by -0.59%, Nifty up by 0.04%
4 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 Bank Share Price Today on 25-11-2024: Hdfc Bank share price are up by 1.82%, Nifty up by 1.69%
Top News
4 weeks, 1 day 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
4 weeks, 1 day 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 …

RBI retains SBI, HDFC, ICICI as India’s too-big-to-fail banks
1 month, 1 week ago

RBI retains SBI, HDFC, ICICI as India’s too-big-to-fail banks

Live Mint  

India’s central bank, the Reserve Bank of India, announced on Wednesday that the State Bank of India, HDFC Bank, and ICICI Bank remain designated as domestic systemically important banks. According to the RBI, SBI and HDFC Bank will face heightened capital buffer requirements beginning April 1, 2025. PSBs vs Private banks Separately, a recent report by SBI highlighted robust financial …

Hdfc Bank Share Price Today on 11-11-2024: Hdfc Bank share price are up by 0.69%, Nifty down by -0.03%
1 month, 1 week 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%
1 month, 2 weeks 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. …

MSCI Index review on November 6: Voltas, BSE, Adani Energy, among six likely inclusions; HDFC Bank weight increase eyed
1 month, 2 weeks ago

MSCI Index review on November 6: Voltas, BSE, Adani Energy, among six likely inclusions; HDFC Bank weight increase eyed

Live Mint  

BSE, Adani Energy and Voltas are among six Indian stocks that are expected to be included in the MSCI Standard Index during its rebalancing scheduled on November 6. According to a report by IIFL, equity shares of BSE, Voltas, Adani Energy Solutions, Alkem Laboratories, Oberoi Realty and Kalyan Jewellers India are the top contenders for the inclusion in the MSCI …

Hdfc Bank Share Price Today: Up 0.12%, Nifty Down by -0.7%
Trending News
1 month, 3 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 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 …

Bank Nifty's Resurgence: A Beacon for Market Outperformance?
2 months ago

Bank Nifty's Resurgence: A Beacon for Market Outperformance?

Live Mint  

Bank Nifty shows signs of rebound, with major banks like HDFC and Axis Bank performing well. The index is expected to move within a range of 51,500 to 54,000 this month, supported by positive signals from open interest and put-call ratio. The Bank Nifty's resilience and the performance of ICICI Bank are also key factors driving the market's upward trend.

HDFC Bank Q2 Update: Gross advances rise 7% to ₹25.19 lakh crore, deposits jump 15% YoY
2 months, 2 weeks 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 …

HDFC bank sells $717 million of home loans to reduce credit book
2 months, 3 weeks ago

HDFC bank sells $717 million of home loans to reduce credit book

Hindustan Times  

Indian lender HDFC Bank Ltd. has sold a housing loan portfolio of about 60 billion rupees, seeking to further lighten its credit load amid regulatory pressures on the industry. The deals confirm India’s largest bank in market value is intensifying efforts to shrink its retail loan portfolio amid heightened regulatory pressure to improve the sector’s credit-deposit ratios {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} …

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

Bears flock to HDFC Bank counter as loan, deposit growth slows
5 months, 2 weeks ago

Bears flock to HDFC Bank counter as loan, deposit growth slows

Live Mint  

Mumbai: Bears have flocked to the derivatives counter of HDFC Bank after the lender reported slower loan growth and flat deposit growth in the June quarter last week. Joshi, ED, Khambatta Securities, said the pain of the merger of HDFC into the lender could last for a "few more years " but added he doesn't expect a "big correction" after …

Sensex crosses 80,000 in a first, Nifty hits record highs; HDFC Bank soars
5 months, 3 weeks ago

Sensex crosses 80,000 in a first, Nifty hits record highs; HDFC Bank soars

Hindustan Times  

Indian stock market hit record highs at the open today owing to HDFC Bank which surged on hopes of a likely increase in its weightage in a key global index. Stock market today: A bird flies past a screen displaying the Sensex results on the facade of the Bombay Stock Exchange building in Mumbai. This comes as foreign institutional investors' …

Nifty Bank surges over 3% to mark biggest weekly gain in 2024; Bandhan Bank climbs 8%, IDFC Bank up 7%
6 months ago

Nifty Bank surges over 3% to mark biggest weekly gain in 2024; Bandhan Bank climbs 8%, IDFC Bank up 7%

Live Mint  

The Indian market ended the shortened trading week with significant fluctuations as profit booking by investors caused major indices to close in negative territory. Global brokerage firm CLSA has shown a preference for private sector banks over their public sector counterparts, noting their currently reasonable valuations. Another global brokerage house, Macquarie, also advised investors to favor private sector banks while …

HDFC Bank stock grabs investor interest on likely MSCI flow
6 months ago

HDFC Bank stock grabs investor interest on likely MSCI flow

Live Mint  

Mumbai: HDFC Bank could test its record high over the next few weeks if the momentum on the counter sustains on anticipation that the stock could attract MSCI inflows of $3.5-4 billion if the weight of the stock doubles on the MSCI India Index at the upcoming quarterly review in August, analysts said. {{^adFree}} {{/adFree}} The stock’s life high stands …

HDB Financial Services: Japan-based MUFG to acquire 20% stake in HDFC Bank’s non-banking arm at close $10 bn valuation
8 months, 1 week 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 …

Why HDFC Bank shares are rising today after Q4 gross advances, deposits grow
8 months, 2 weeks 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%
8 months, 2 weeks 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 …

Top Stock Recommendations: Sagar Doshi of Nuvama recommends buying HDFC Bank, UPL, and Indian Oil Corporation today
8 months, 3 weeks ago

Top Stock Recommendations: Sagar Doshi of Nuvama recommends buying HDFC Bank, UPL, and Indian Oil Corporation today

Live Mint  

Stock Market News: Domestic equity benchmark indices, the Sensex and Nifty 50, began Wednesday's session lower, mirroring weak global cues and dragged by banking and information technology stocks following fresh data from the US that that sparked worries about the Federal Reserve postponing interest rate cuts. Nifty 50 Outlook by Sagar Doshi, Senior Vice President- Research, Nuvama Professional Clients Group …

HDFC Bank shares decline after CLSA downgrades stock to ‘outperform’, cuts target price
9 months, 1 week ago

HDFC Bank shares decline after CLSA downgrades stock to ‘outperform’, cuts target price

Hindustan Times  

HDFC Bank shares fell over one per cent in early trade today. HDFC Bank share price: The share price of HDFC Bank fell over one per cent. NIM recovery for HDFC Bank will be more ‘U-shaped’ than ‘V-shaped’, it said, adding, “The deposit-gathering requirement increases significantly, and coincidentally, in an environment where deposit growth is challenging for the banking sector. …

Despite a 17% fall in 2024 YTD, Morgan Stanley sees a 49% upside in HDFC Bank
10 months, 1 week ago

Despite a 17% fall in 2024 YTD, Morgan Stanley sees a 49% upside in HDFC Bank

Live Mint  

HDFC Bank share price has been on a downward trend, falling over 15 percent in the last 1 year and almost 17 percent in 2024 YTD. Read here: HDFC Bank announces healthy double-digit growth in home loan business; stock up 2% The lender noted that its fundamental strategy has been to improve the turnaround time of processing at the front …

HDFC Bank sees double-digit growth in home loan business post merger
10 months, 1 week ago

HDFC Bank sees double-digit growth in home loan business post merger

The Hindu  

HDFC Bank on Thursday said that its home loan business had witnessed healthy double digit growth post merger of HDFC Ltd with itself. “The home loan business experienced stable and healthy double-digit year-on-year growth for two quarters, ending December 31, 2023,” Arvind Kapil, Country Head- Mortgage Banking, Home Loan, LAP & HDFC Sales, HDFC Bank said at a briefing. “Further, …

HDFC Bank gets RBI nod to acquire up to 9.5% stake in ICICI Bank, 5 others
10 months, 2 weeks ago

HDFC Bank gets RBI nod to acquire up to 9.5% stake in ICICI Bank, 5 others

The Hindu  

HDFC Bank on Tuesday said RBI has given approval to the group to acquire up to 9.5 per cent stake each in six lenders, including ICICI Bank and Axis Bank. "The approvals were granted pursuant to applications made by HDFC Bank to RBI on December 18, 2023," HDFC Bank said in a regulatory filing. The six lenders in which HDFC …

LIC gets RBI nod to acquire 9.99% stake in HDFC Bank
10 months, 4 weeks ago

LIC gets RBI nod to acquire 9.99% stake in HDFC Bank

Hindustan Times  

HDFC Bank announced on Thursday that the Reserve Bank of India has allowed the Life Insurance Corporation of India to acquire a 9.99 percent stake in the company. LIC got the approval to acquire 9.99 percent stake in HDFC Bank “LIC has been advised by RBI to acquire the aforesaid major shareholding in the Bank within a period of one …

India's HDFC Bank Sees Period of Consolidation as it Absorbs Mega Merger : Sources
10 months, 4 weeks ago

India's HDFC Bank Sees Period of Consolidation as it Absorbs Mega Merger : Sources

News 18  

HDFC Bank, India’s largest private sector lender, will take 4-5 years to fully digest its merger with its parent last July but expects to restore a key financial metric to pre-merger levels at the end of that period, two sources familiar with the bank’s thinking said. The lender’s quarterly earnings last week prompted a sharp 15% decline in the stock, …

HDFC Bank share prices fall 11% in two days after Q3 results; Nifty Bank under strain
11 months ago

HDFC Bank share prices fall 11% in two days after Q3 results; Nifty Bank under strain

Hindustan Times  

As the stock market continues to struggle after breaking its five-day rally, the share prices of HDFC Bank are still under distress, logging a decline for the second straight day. HDFC Bank shares decline for the second straight day on January 18 Opening at a slight decline from the previous close, HDFC share price fell by 3.55 percent on Thursday, …

HDFC Bank shares fall 7% day after Q3 results; steep decline in stock market
11 months, 1 week 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 …

RIL, HDFC Bank, Infosys, and 5 other large caps are 7-25% below all-time highs
1 year ago

RIL, HDFC Bank, Infosys, and 5 other large caps are 7-25% below all-time highs

Live Mint  

Indian markets witnessed another stellar rally in today's trading session, with key benchmark indices reaching record highs. The rally, which began during Monday's trading session in response to the ruling party, BJP, victory in three state elections, instilled significant optimism among investors. Shares of Reliance Industries, the country's largest firm in terms of market capitalization, are trading 14.67% below their …

HDFC, Federal Bank net profit beats market estimates, asset quality stable
1 year, 2 months ago

HDFC, Federal Bank net profit beats market estimates, asset quality stable

Deccan Chronicle  

Mumbai: The country’s largest private sector lender HDFC Bank on Monday reported Rs 15,976 crore in standalone net profit for second quarter ended September 2023 surpassing market expectations of Rs 14,000 crore. Another private lender Federal Bank posted its highest ever net profit at Rs 954 crore for Q2FY24, up 11.7 per cent QoQ and 35.5 per cent year on …

HDFC Bank Q2 Results: Net Profit Jumps 50% To Rs 15,976 Crore, Check Details
1 year, 2 months ago

HDFC Bank Q2 Results: Net Profit Jumps 50% To Rs 15,976 Crore, Check Details

News 18  

HDFC Bank, India’s largest private sector bank, on Monday reported a 50 per cent year-on-year jump in its net profit to Rs 15,976.11 crore for the July-September 2023 quarter. HDFC Bank’s net interest income — interest earned less interest expended — jumped 30.3 per cent to Rs 27,385 crore during the quarter ended September 30, 2023. HDFC Bank’s CASA deposits …

HDFC Bank's Home Loan Portfolio Rises To Rs 48,000 Crore In Q2 Post-Merger With HDFC
1 year, 2 months ago

HDFC Bank's Home Loan Portfolio Rises To Rs 48,000 Crore In Q2 Post-Merger With HDFC

ABP News  

HDFC Bank's approved home loans amounting to Rs 48,000 crore during the July-September quarter of the financial year 2023-24. In the second quarter, the bank's retail loan portfolio saw an 85 per cent surge compared to the previous quarter and a significant 111.5 per cent increase over the same period last year. This reflects a 4.9 per cent increase over …

Nifty indices rejig: HDFC Bank, Power Grid, PNB among stocks to see top inflows
1 year, 2 months ago

Nifty indices rejig: HDFC Bank, Power Grid, PNB among stocks to see top inflows

Live Mint  

The semi-annual rejig of Nifty indices will result in significant inflows in some stocks including HDFC Bank, Power Grid Corp of India, Shriram Finance and Trent while some others such as NTPC, Page Industries and HDFC Asset Management Company will be among those that will see an outflow of funds, said Abhilash Pagaria, the head of Nuvama Alternative & Quantitative …

HDFC Bank expects 17-18% credit growth this year
1 year, 5 months ago

HDFC Bank expects 17-18% credit growth this year

India TV News  

Country's biggest private sector lender HDFC Bank expects 17-18 per cent loan growth during the current financial year as there is enough credit demand. Effective July 1, the parent mortgage firm HDFC Ltd merged with its subsidiary HDFC Bank making it the second biggest lender after State Bank of India. It is for us to see which one we want …

Hdfc Bank share price Today Live Updates : Hdfc Bank closed today at ₹1675.7, down -0.76% from yesterday's ₹1688.5
1 year, 5 months ago

Hdfc Bank share price Today Live Updates : Hdfc Bank closed today at ₹1675.7, down -0.76% from yesterday's ₹1688.5

Live Mint  

On the last day, HDFC Bank opened at ₹1680 and closed at ₹1688.5. Hdfc Bank share price NSE Live :Hdfc Bank trading at ₹1684.5, down -0.24% from yesterday's ₹1688.5 The current data for HDFC Bank stock shows that the price is ₹1684.5. Hdfc Bank share price Today :Hdfc Bank trading at ₹1684.8, down -0.22% from yesterday's ₹1688.5 The current data …

HDFC Bank Q1 results key highlights: 6 things to know
1 year, 5 months ago

HDFC Bank Q1 results key highlights: 6 things to know

Live Mint  

HDFC Bank reported a healthy April-June quarter scorecard of the current financial year on Monday as barring a mild miss on the asset quality sequentially, the numbers were better than Street estimates. Analysts expected HDFC Bank to report a standalone net profit of ₹11,580 crore for the April-June period, showing an increase of 25.9 per cent compared to the same …

HDFC Bank enters $100 billion m-cap club, fails to pip TCS as number 2 stock
1 year, 5 months ago

HDFC Bank enters $100 billion m-cap club, fails to pip TCS as number 2 stock

Live Mint  

HDFC Bank, the largest private lender in the country, has achieved a new milestone of entering the $100 billion market-capitalisation club after its reverse merger with its parent HDFC Ltd. However, on the Indian bourses, HDFC Bank still lags behind oil-to-telecom conglomerate Reliance Industries and IT major Tata Consultancy Services, sitting on the third position with a market cap of …

LTIMindtree Replaces HDFC On NIFTY 50, Jumps Over 1.76 Per Cent
1 year, 5 months ago

LTIMindtree Replaces HDFC On NIFTY 50, Jumps Over 1.76 Per Cent

ABP News  

LTIMindtree shares rose over 1.75 per cent during intraday trade on Thursday after being included in the Nifty50 benchmark replacing HDFC. The decision to replace mortgage lender Housing Development Finance Corporation with LTIMindtree was announced on July 5. Among other indices, LIC Housing Finance would replace HDFC in Nifty Financial Services, Poonawalla Fincorp in Nifty Financial Services Ex-Bank, Phoenix Mills …

JPMorgan ’overweight’ on HDFC Bank after HDFC twins merger; here’s why
1 year, 5 months ago

JPMorgan ’overweight’ on HDFC Bank after HDFC twins merger; here’s why

Live Mint  

JPMorgan is positive about HDFC Bank stock after the merger of HDFC twins as the global financial firm recently assigned an 'overweight' rating on the stock, pegging the target price at ₹2,000, citing the merger of HDFC with HDFC Bank is positive from a medium-term perspective. Our target price implies 2.6 times FY25 PB/17 times FY25 PE for the parent …

HDFC Bank’s Q1 is healthy; merger synergies to ease margin pressure
1 year, 5 months ago

HDFC Bank’s Q1 is healthy; merger synergies to ease margin pressure

Live Mint  

HDFC Bank Ltd’s business update or the June quarter indicates a healthy year-on-year loan growth of 15.8% to ₹16.15 trillion, mostly driven by its retail loan book, which rose by 20% y-o-y. However, sequential growth was just 0.7%, suggesting that HDFC’s slower loan book growth during the quarter might be the cause. “The NIM is expected to be under pressure …

HDFC Merger: A Gamechanger For NBFCs And Borrowers? Here's All You Need To Know
1 year, 5 months ago

HDFC Merger: A Gamechanger For NBFCs And Borrowers? Here's All You Need To Know

ABP News  

By Ashish Kukreja India's biggest private lender, HDFC Bank, has merged with the largest mortgage lender, Housing Development Finance Corporation. At the end of the financial year 2022, HDFC Ltd had a loan book of Rs 5.68 lakh crore, while HDFC Bank had a loan book of Rs 13.69 lakh crore. During the Monetary Policy Committee meeting, RBI Governor Shaktikanta …

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