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SBI reaches Rs 5 lakh crore market capitalisation

HDB Financial Services Ltd's total loan book was ₹ 60,008 crore as on September 30, 2021

HDB Financial Services Ltd's total loan book was ₹ 60,008 crore as on September 30, 2021
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HDFC Bank : Press Release to announce Financial Results for Quarter and Half Year ended September 30, 2021

The Board of Directors of HDFC Bank Limited approved the Bank s results for the quarter and half year ended September 30, 2021, at its meeting held in Mumbai on Saturday, October 16,. | October 16, 2021

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HDFC shares: Brokerages bullish on HDFC as quarterly profit beats estimates

HDFC reported a 2% fall in its quarterly profit at Rs 3,001 crore on lower dividend and investment incomes but the earnings still beat analysts estimates. Did you Know? Stock score of Housing Development Finance Corporation Ltd moved up by 1 in 3 months on a 10-point scale.View We retain our earnings estimates and expect HDFC to deliver 14-15% core PPOP (Pre-Provision Operating Profit) growth vs less than 10% core PPOP/share growth over FY15-20 as growth outlook for the core business remains strong. Valuations have corrected from 3 times one-year forward price-to-book to 2 times, said CLSA, retaining a target price of Rs 3,000. Kotak Institutional Equities said HDFC has reported a strong performance with a stable net interest margin and a marginal rise in stressed loans despite a challenging business environment.

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Shares tumble amid weak global signals

Shares tumble amid weak global signals
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