HDFC bank Share Price | A pleasant surprise given by HDFC Bank.. 30% growth in profit..!
HDFC bank Share Price 30% growth in profit:
largest bank globally, today released its June quarter results HDFC Bank Share price, which is not only the largest bank in India but also the 4th
As soon as the eagerly anticipated findings of investors from all walks of life were revealed the effect of this could be seen in the investing market.
In comparison to previous year HDFC Bank’s earnings for the June quarter increased by 30% to Rs 11,952 crore.
HDFC bank Share Price To Rs 57,817 crore total revenue for the quarter climbed by 39%.
Bank have published excellent quarterly results as it is the first quarterly results published by HDFC Bank after the merger
and there was a lot of expectation among the investors in the Share Price
Total interest income for the June quarter at HDFC Bank increased 21% year over year to Rs 23,599 crore while operational profit increased 22% to Rs 18,772 crore
An indicator of the stability of HDFC Bank is its on-performing loan ratio, which is 1.17 percent
compared to 1.12% in the March quarter and 1.28 in the June quarter of the previous year
In the June quarter HDFC Bank’s total deposits increased 19% to Rs 19.13 lakh crore
Deposits in savings accounts rose by 11% to 42.5% in current accounts
The market capitalization of HDFC Bank increased today by 1.59 percent to Rs 1,671.35 and reached Rs 12.59 lakh crore