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HDFC Bank Ltd rises for third consecutive session

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Capital Market

HDFC Bank Ltd is quoting at Rs 1402, up 2.25% on the day as on 12:54 IST on the NSE. The stock is down 9.66% in last one year as compared to a 10.59% spurt in NIFTY and a 1.81% spurt in the Nifty Bank index.

HDFC Bank Ltd gained for a third straight session today. The stock is quoting at Rs 1402, up 2.25% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 1.7% on the day, quoting at 16623.05. The Sensex is at 55724.49, up 1.97%. HDFC Bank Ltd has slipped around 7.69% in last one month.

 

Meanwhile, Nifty Bank index of which HDFC Bank Ltd is a constituent, has slipped around 9.51% in last one month and is currently quoting at 33815.45, up 3.07% on the day. The volume in the stock stood at 67.87 lakh shares today, compared to the daily average of 89.78 lakh shares in last one month.

The benchmark March futures contract for the stock is quoting at Rs 1397.75, up 2.31% on the day. HDFC Bank Ltd is down 9.66% in last one year as compared to a 10.59% spurt in NIFTY and a 1.81% spurt in the Nifty Bank index.

The PE of the stock is 21.65 based on TTM earnings ending December 21.

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First Published: Mar 10 2022 | 1:05 PM IST

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