HDFC Bank rose 0.75% to Rs 838.70 at 11:20 IST on BSE, with the stock trimming intraday gain in volatile trade after declaring Q1 June 2014 result during market hours today, 21 July 2014.
Meanwhile, the BSE Sensex was up 165.37 points, or 0.64%, to 25,806.93
On BSE, so far 2.14 lakh shares were traded in the counter, compared with an average volume of 1.96 lakh shares in the past one quarter.
The stock was volatile. The stock gained as much as 1.7% at the day's high of Rs 846.65 so far during the day. The stock rose as much as 0.24% at the day's low of Rs 834.50 so far during the day. The stock hit a record high of Rs 861 on 7 July 2014. The stock hit a 52-week low of Rs 528 on 28 August 2013.
The stock had underperformed the market over the past one month till 18 July 2014, falling 0.19% compared with Sensex's 1.57% rise. The scrip, however, outperformed the market in past one quarter, advancing 15.85% as against Sensex's 13.31% rise.
The large-cap company has an equity capital of Rs 481.78 crore. Face value per share is Rs 2.
HDFC Bank's net profit rose 21.1% to Rs 2233.04 crore on 12.78% increase in total income to Rs 13070.65 crore in Q1 June 2014 over Q1 June 2013.
HDFC Bank's net interest margin (NIM) stood at 4.4% in Q1 June 2014, same as in Q4 March 2014, but lower than 4.6% in Q1 June 2013.
HDFC Bank's ratio of net non-performing assets (NPA) to net advances stood at 0.3% as on 30 June 2014, remaining unchanged over 31 March 2014 and 30 June 2013.
The bank's ratio of gross NPA to gross advances stood at 1.1% as on 30 June 2014, compared with 1% as on 31 March 2014 and 1% as on 30 June 2013.
Provisions and contingencies fell 8.41% to Rs 482.78 crore in Q1 June 2014 over Q1 June 2013.
The bank's Capital Adequacy Ratio (CAR) as per Basel III guidelines stood at 15.1% as on 30 June 2014 compared with 15.5% as on 30 June 2013.
As at 30 June 2014, the bank's distribution network was 3,488 branches and 11,426 ATMs in 2,231 cities/ towns, an increase of 369 branches and 338 ATMs over 3,119 branches and 11,088 ATMs in 1,891 cities/ towns as of 30 June 2013.
HDFC Bank is a leading private sector bank in India.
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