Extending fall for the second straight session today, mortgage lender HDFC's stock fell by nearly 3 per cent as the company's second quarter earnings failed to enthuse the investors.
The stock ended 2.87 per cent lower at Rs 1,275.15 on BSE. During the day, it lost 3.1 per cent to Rs 1,272.10.
On NSE, shares of the company came down by 2.86 per cent to close at Rs 1,275.10.
The stock had fallen 2 per cent in the previous session also. The company saw a dip of Rs 10,365.32 crore to Rs 2,01,177.68 crore in market valuation in two days.
HDFC yesterday reported a marginal rise in consolidated net profit at Rs 2,106.51 crore for the second quarter ended September 30.
The company's net profit was at Rs 2,064.36 crore during the July-September quarter of the previous fiscal, 2014-15.
The total income for the second quarter of the current financial year rose to Rs 12,520.83 crore from Rs 11,608.43 crore in the year ago period, HDFC had said in a BSE filing.
On standalone basis, the net profit of HDFC increased by 18.2 per cent to Rs 1,604.56 crore during the quarter under review, from Rs 1,357.56 crore in the year-ago period.
