Trending stocks: HDFC Bank shares up nearly 1%

NEW DELHI: Shares of HDFC Bank Ltd. traded 0.89 per cent up in Monday's trade at 10:56AM (IST). Around 319683 shares changed hands on the counter. The stock opened at Rs 1051.0 and touched an intraday high and low of Rs 1066.8 and Rs 1040.3, 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.

Despite the lockdown, the largest private sector lender HDFC Bank has been able to add 2.5 lakh new customers in the last 40 days through an online facility which helps open savings accounts instantly, sources said


Financials
HDFC Bank Ltd., incorporated in the year 1994, is a banking company (having a market cap of Rs 566615.41 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 21.24 per cent stake in the company as of quarter ended 31st Mar 2020.

Valuation ratio
It quoted a price-to-earnings ratio of 21.06 and price to book value of 1.85.