Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. India
  4. NSE India Stock Exchange
  5. HDFC Bank Limited
  6. News
  7. Summary
    HDFCBANK   INE040A01034

HDFC BANK LIMITED

(HDFCBANK)
  Report
End-of-day quote. End-of-day quote NSE India Stock Exchange - 09/16
1559.95 INR   +0.85%
10:37aAsian ADRs Move Lower in Thursday Trading
MT
09:22aHDFC BANK : and Central Square foundation join hands to support Foundational Literacy and Numeracy programme
PU
09/15Asian ADRs Move Lower in Wednesday Trading
MT
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Indian shares post worst day in two months as HDFC Bank drags finance stocks

07/19/2021 | 06:55am EDT

BENGALURU, July 19 (Reuters) - Indian shares fell more than 1% on their worst day in over two months on Monday, dragged down by HDFC Bank-led banking stocks, while a surge in worldwide coronavirus cases hurt global stocks and further dented sentiment.

The blue-chip NSE Nifty 50 index closed down 1.07% at 15,752.4, while the benchmark S&P BSE Sensex ended 1.1% lower at 52,553.4 on Monday. Both the indexes had hit all-time highs in the previous session.

HDFC Bank was the top loser, ending down about 3.4% after it missed quarterly profit expectations on Saturday as bad loan provisions rose and asset quality deteriorated. The Nifty Bank index slipped 1.9%.

Shares of Adani Group companies fell between 1.1% and 4.8% on news India's securities regulator and customs authorities were investigating some group companies for non-compliance of rules.

Shares of HDFC Life were down 2.8% after the company reported a 33% fall in quarterly profit as claims soared due to the second COVID-19 wave.

Global stocks were facing their longest losing streak since the pandemic first hit global markets 18 months ago after a surge in worldwide coronavirus cases pushed down bond yields.

Global economic growth is also beginning to show signs of fatigue as many countries, particularly in Asia, struggle to curb the highly contagious Delta variant of the novel coronavirus and have been forced into some form of lockdown.

The Indian rupee dropped to its lowest level in three months on Monday, in line with other Asian currencies, as the rapid spread of the Delta variant of coronavirus threatened to derail economic recovery. (Reporting by Vishwadha Chander in Bengaluru; Editing by Shailesh Kuber and Maju Samuel)


© Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
BHARTI AIRTEL LIMITED -1.02% 718.15 End-of-day quote.41.01%
HDFC BANK LIMITED 0.85% 1559.95 End-of-day quote.8.61%
VODAFONE IDEA LIMITED 25.70% 11.25 Delayed Quote.-15.96%
All news about HDFC BANK LIMITED
10:37aAsian ADRs Move Lower in Thursday Trading
MT
09:22aHDFC BANK : and Central Square foundation join hands to support Foundational Lit..
PU
09/15Asian ADRs Move Lower in Wednesday Trading
MT
09/15HDFC BANK : GNIDA-UNDP sign pact to improve waste management in Greater Noida
PU
09/13India's August retail inflation eases to 5.30% y/y
RE
09/13Indian shares slip as losses in Reliance outweigh Coal India gains
RE
09/13Indian shares slip as losses in Reliance outweigh Coal India gains
RE
09/09Asian ADRs Move Lower in Thursday Trading
MT
09/07HDFC BANK : in Tie-up with National Small Industries to Extend Credit Support to..
MT
09/07Asian ADRs Move Higher in Tuesday Trading
MT
More news
Analyst Recommendations on HDFC BANK LIMITED
More recommendations
Financials
Sales 2022 1 022 B 13 888 M 13 888 M
Net income 2022 363 B 4 929 M 4 929 M
Net Debt 2022 - - -
P/E ratio 2022 23,7x
Yield 2022 0,75%
Capitalization 8 637 B 117 B 117 B
Capi. / Sales 2022 8,45x
Capi. / Sales 2023 7,25x
Nbr of Employees 123 473
Free-Float 78,4%
Chart HDFC BANK LIMITED
Duration : Period :
HDFC Bank Limited Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends HDFC BANK LIMITED
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Mean consensus -
Number of Analysts 0
Last Close Price 1 559,95 
Average target price
Spread / Average Target -
EPS Revisions
Managers and Directors
Sashidhar Jagdishan Chief Executive Officer, Director & MD
Srinivasan Vaidyanathan Chief Financial Officer
Atanu Amolendu Chakraborty Non-Executive Chairman
Parag Rao Head-Payments Business, Digital & IT
Ramesh Lakshminarayanan Chief Information Officer & Group Head-IT
Sector and Competitors