Shares of private sector lender HDFC Bank Ltd rose over 3% today after the bank announced its Q4 updates. HDFC Bank stock gained 3.19% intraday to Rs 1529.85 on BSE. Market cap of the bank stood at Rs 11.60 lakh crore. Later, the stock closed 3.06% higher at Rs 1527.90 on BSE. The stock was top gainer on Sensex and Nifty today.
HDFC Bank shares breached the 52-week low of Rs 1460.55 today reached on October 26, 2023. The stock fell 10% last week after the bank reported earnings for the quarter ended December 2023 on January 16.
HDFC Bank shares are yet to touch their 52-week low of Rs 1460.55 reached on October 26, 2023. The stock fell to an intraday low of Rs 1476.65 in Saturday’s trade, losing over 12% this week.