Trending stocks: HDFC Bank shares climb nearly 4%

NEW DELHI: Shares of HDFC Bank Ltd. traded 3.95 per cent up in Monday's trade at 09:58AM (IST). Around 908236 shares changed hands on the counter. The stock opened at Rs 1142.0 and touched an intraday high and low of Rs 1152.65 and Rs 1124.65, respectively, in the session so far.

The stock quoted a 52-week high of Rs 1305.5 and a 52-week low of Rs 738.75.

The private lender's MD and CEO Aditya Puri has said that his preferred successor is an internal candidate who has spent 25 years at the lender. However, he did not name the candidate. The lender posted a nearly 20 per cent growth in standalone net profit at Rs 6,658.62 crore for the June quarter.

Financials

HDFC Bank Ltd., incorporated in the year 1994, is a banking company (having a market cap of Rs 603079.65 Crore).

HDFC Bank Ltd. key Products/Revenue Segments include Interest & Discount on Advances & Bills which contributed Rs 77544.19 Crore to Sales Value (78.34 % of Total Sales), Income From Investment which contributed Rs 19997.46 Crore to Sales Value (20.20 % of Total Sales) and Interest which contributed Rs 794.70 Crore to Sales Value (0.80 % of Total Sales)for the year ending 31-Mar-2019.


Promoter holding
Promoters held 21.21 per cent stake in the company as of quarter ended 31st Mar 2020.

Valuation ratio
It quoted a price-to-earnings ratio of 22.13 and price to book value of 3.52.