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HDFC Bank Ltd stays supported

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Capital Market
Last Updated : Jan 05 2022 | 1:17 PM IST

HDFC Bank Ltd is quoting at Rs 1561.25, up 2.14% on the day as on 12:49 IST on the NSE. The stock is up 9.9% in last one year as compared to a 26.5% spurt in NIFTY and a 18.35% spurt in the Nifty Bank.

HDFC Bank Ltd gained for a fifth straight session today. The stock is quoting at Rs 1561.25, up 2.14% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.51% on the day, quoting at 17895.5. The Sensex is at 60168.2, up 0.52%. HDFC Bank Ltd has risen around 3.82% in last one month.

Meanwhile, Nifty Bank index of which HDFC Bank Ltd is a constituent, has risen around 5.31% in last one month and is currently quoting at 36840.15, up 2.15% on the day. The volume in the stock stood at 42.74 lakh shares today, compared to the daily average of 49 lakh shares in last one month.

The benchmark January futures contract for the stock is quoting at Rs 1565, up 2.21% on the day. HDFC Bank Ltd is up 9.9% in last one year as compared to a 26.5% spurt in NIFTY and a 18.35% spurt in the Nifty Bank index.

The PE of the stock is 25.28 based on TTM earnings ending September 21.

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First Published: Jan 05 2022 | 1:00 PM IST

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