Trending stocks: HDFC Bank shares fall over 2%

NEW DELHI: Shares of HDFC Bank Ltd. traded 2.53 per cent down in Tuesday's trade at 11:03AM (IST). Around 223888 shares changed hands on the counter. The stock opened at Rs 1064.0 and touched an intraday high and low of Rs 1069.95 and Rs 1050.65, 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 said it has launched a probe into its auto lending practices following allegations against the conduct of a long-time executive who retired on March 31 this year.


Financials
HDFC Bank Ltd., incorporated in the year 1994, is a banking company (having a market cap of Rs 581667.56 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 21.25 and price to book value of 1.86.