HDFC Bank on Saturday reported a Rs 17,257.87 crore net profit for January-March on a consolidated basis, over 2 per cent higher than that in the preceding quarter., Companies News - Times Now
LKP Securities, too, has a buy call on HDFC Bank. The brokerage expects a turnaround for the private lender with Return on Asset (RoA) likely to remain stable despite higher operating expenses
HDFC Bank Share Price grew sharply in Thursday's trading session to over 3 per cent after gross advances jump 55% YoY to Rs 25.08 lakh crore and deposits rising by 26%. HDFC Bank Share Price Target 2024, HDFC Bank Share Price News Today NSE BSE, HDFC Bank Share Price History - Check all details here. , Markets News - Times Now
Shares of country’s top two private sector lenders HDFC Bank Ltd and ICICI Bank Ltd are trading near their 52-week low and 52-week high, respectively. Shares of HDFC Bank, which is India’s largest lender in terms of market capitalisation and assets, are down 16% this year. The weakness in the Sensex heavyweight came even as the lender reported a 34 per cent rise in its standalone net profit to Rs 16,373 crore in Q3 against Rs 12,259 crore in the corresponding quarter of the previous fiscal year. The stock fell to a 52-week low of Rs 1363.45 on February 14, 2023. In the current session, the HDFC Bank stock was trading at Rs 1,422 mark against the previous close of Rs 1422.25 on BSE.