Business Standard

Monday, December 23, 2024 | 12:01 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

HDFC gains 10% in two days on improved asset quality in September quarter

The stock was trading at its highest level since March 13, 2020 on the BSE

hdfc
Premium

hdfc

SI Reporter Mumbai
Shares of Housing Development Finance Corporation (HDFC) rose nearly 4 per cent \at Rs 2,116 on the BSE on Tuesday, thus gaining 10 per cent in past two days after the company reported higher than estimated September quarter (Q2FY21) numbers, led by improvement in asset quality and steady assets under management (AUM) growth.

The stock of the housing finance company was trading at its highest level since March 13, 2020. In past one month, it outperformed the market by gaining 18 per cent, as compared to 3.7 per cent rise in the S&P BSE Sensex.

However, HDFC’s net

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in