HDFC Bank Hits All-Time High in Stock Price, Registers Significant Growth

HDFC Bank‘s stock reached an all-time high today, closing at ₹1768.35, marking a notable 2.18% increase from the previous day’s closing price. The market capitalization for HDFC Bank currently stands at ₹1,316,623.6 crore.

Throughout the trading day, the stock saw a high of ₹1734.9 and a low of ₹1703, reflecting a strong performance. The stock opened at ₹1715, closing at ₹1704.75 on the last trading day. The 52-week high and low for HDFC Bank were ₹1757.8 and ₹1363.45 respectively.

HDFC Bank has witnessed positive trends in terms of investor holdings. As of the June quarter filings, the bank had an 8.21% Mutual Fund holding and a 47.15% Foreign Institutional Investor (FII) holding. These figures represent stability and confidence in HDFC Bank among institutional investors.

Looking at the bank’s financial performance, HDFC Bank’s return on equity (ROE) for the latest fiscal year was reported at 17.18%. The return on investment (ROI) value for the same period was -99999.99%. However, the bank’s consensus estimates for ROE in the current and upcoming fiscal years are positive, indicating a sound financial outlook.

Over the past three years, HDFC Bank has shown impressive growth metrics, with an EPS growth of 16.04% and a revenue growth of 30.19%. In the trailing twelve months, the bank’s revenue stood at ₹2836490.00 crore, signifying steady progress. Analysts anticipate further revenue and profit growth for the bank in the upcoming quarter.