HDFC Bank rose 1.04% to Rs 1,306.30 at 15:00 IST on BSE after the bank said that it has allotted long-term non-convertible bonds in the nature of debentures on a private placement basis.
The announcement was made during market hours today, 22 September 2016.Meanwhile, the S&P BSE Sensex was down 121.23 points or 0.43% at 27,794.66.
On BSE, so far 78,132 shares were traded in the counter as against average daily volume of 1.15 lakh shares in the past one quarter. The stock hit high of Rs 1,315.55 and low of Rs 1,300.30 so far during the day.
HDFC Bank said that it allotted 67,000 senior, unsecured, redeemable, long-term non-convertible bonds in the nature of debentures having face value of Rs 10 lakh each amounting to Rs 6700 crore on a private placement basis.
HDFC Bank's net profit rose 20.2% to Rs 3238.91 crore on 17.1% growth in total income to Rs 19322.63 crore in Q1 June 2016 over Q1 June 2015.
HDFC Bank is one of the leading private sector banks in India.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content