Trending stocks: HDFC Bank shares down nearly 1%

NEW DELHI: Shares of HDFC Bank Ltd. traded -0.29 per cent down in Tuesday's trade at 10:51AM (IST). Around 166410 shares changed hands on the counter. The stock opened at Rs 1077.9 and touched an intraday high and low of Rs 1078.75 and Rs 1065.5, 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 bank plans to sell perpetual bonds worth up to Rs 50,000 crore, with India’s most valued lender seeking its board’s approval through an enabling resolution for the capital raising.


Financials
HDFC Bank Ltd., incorporated in the year 1994, is a banking company (having a market cap of Rs 589316.21 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 21.49 and price to book value of 1.89.