HDFC Bank was down 0.21% to Rs 1,229.50 at 12:15 IST on BSE, with the stock sliding amid intraday volatility after net profit rose 20.15% to Rs 3238.91 crore on 17.08% growth in total income to Rs 19322.63 crore in Q1 June 2016 over Q1 June 2015.
The result was announced during market hours today, 21 July 2016.Meanwhile, the S&P BSE Sensex was down 87.59 points or 0.31% at 27,828.30.
On BSE, so far 72,000 shares were traded in the counter as against average daily volume of 1.08 lakh shares in the past one quarter. The stock was volatile. The stock rose as much as 0.6% at the day's high of Rs 1,239.50 so far during the day, which is a record high for the counter. The stock lost as much as 0.72% at the day's low of Rs 1,223.15 so far during the day. The stock had hit a 52-week low of Rs 928.80 on 29 February 2016. The stock had outperformed the market over the past one month till 20 July 2016, advancing 5.09% compared with Sensex's 3.9% rise. The scrip had also outperformed the market in past one quarter, gaining 12.36% as against Sensex's 8.02% rise.
The large-cap bank has equity capital of Rs 507.01 crore. Face value per share is Rs 2.
HDFC Bank is one of the leading private sector banks in India.
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