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MarketScreener Homepage  >  Equities  >  NSE India Stock Exchange  >  HDFC Bank Limited    HDFCBANK   INE040A01034

HDFC BANK LIMITED

(HDFCBANK)
  Report
End-of-day quote. End-of-day quote NSE India Stock Exchange - 11/26
1426.65 INR   +1.70%
11/26Indian shares jump as metals, financials gain
RE
11/23HDFC BANK : Disclosure under Reg. 30 of SEBI LODR
PU
11/16HDFC BANK : Schedule of analyst and investor meet
PU
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsAnalyst Recommendations

Sensex, Nifty end lower as investors book profits in bank, IT stocks

10/15/2020 | 06:34am EST
People walk past the Bombay Stock Exchange building in Mumbai

BENGALURU (Reuters) - Indian shares closed lower on Thursday, ending their longest gaining streak in nearly six years, as investors locked in profits in IT companies and bank stocks.

The NSE Nifty 50 index closed down 2.4% at 11,680.35, while the S&P BSE Sensex closed 2.6% lower at 39,728.41.

Gains in bank and IT stocks this month helped Indian equities rise for 10 straight sessions, as of Wednesday's close.

The Nifty Bank index, which has gained 7.6% so far this month, ended 3.4% lower on Thursday, with lenders HDFC Bank and Kotak Mahindra Bank closing 3.5% and 3.4% lower.

"The worry is that banks had run up too sharply in the past 15 days and we are seeing some amount of profit booking and correction because no one really knows what the actual impact on NPAs (non-performing assets) is from COVID-19," said Umesh Mehta, head of research at Samco Securities, Mumbai.

The declines at banks come a day after the Supreme Court set its hearing on waiving interest on loans under moratorium to Nov. 2, with banks hoping that the apex court will not offer any more reprieve to borrowers beyond the waiver on interest for loans up to 20 million rupees, which the government has agreed to pay.

IT firms were among the top drags on the blue-chip Nifty 50. The Nifty IT index ended 2.9% lower, with Mindtree Ltd slipping 8.2% ahead of its quarterly results.

Shares of Infosys Ltd ended 2.5% lower, a day after it beat quarterly profit estimates and raised revenue outlook on upbeat demand for its digital services.

(Reporting by Philip George in Bengaluru; Editing by Vinay Dwivedi)


© Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
HDFC BANK LIMITED 1.70% 1426.65 End-of-day quote.12.15%
INFOSYS LIMITED -1.19% 1100 Delayed Quote.50.45%
KOTAK MAHINDRA BANK LIMITED 1.47% 1889.8 End-of-day quote.12.19%
MINDTREE LIMITED 1.85% 1417.3 Delayed Quote.77.13%
NIFTY 50 -0.14% 12968.95 Delayed Quote.6.58%
NIFTY BANK 0.20% 29609.05 Delayed Quote.-7.94%
NIFTY IT -0.43% 21764.9 Delayed Quote.39.05%
SAMCO INC. 3.35% 3395 End-of-day quote.65.85%
SENSEX 30 -0.25% 44149.72 Real-time Quote.7.29%
All news about HDFC BANK LIMITED
11/26Indian shares jump as metals, financials gain
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11/23HDFC BANK : Disclosure under Reg. 30 of SEBI LODR
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11/16HDFC BANK : Schedule of analyst and investor meet
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11/05Indian banks see revival in loan growth but concerns linger
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11/03HDFC BANK : Notice of Postal Ballot
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11/01MOVES-Carlyle appoints top Indian banker Puri as senior adviser
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10/30HDB DEADLINE ALERT : Bronstein, Gewirtz & Grossman, LLC Reminds HDFC Bank Limite..
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10/28HDFC BANK : Intimation under Reg 30 of SEBI LODR - Appointment of Director
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10/28HDFC BANK : Intimation under Reg 30 of SEBI LODR - Change in directorate
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More news
Financials
Sales 2021 884 B 11 949 M 11 949 M
Net income 2021 286 B 3 865 M 3 865 M
Net Debt 2021 - - -
P/E ratio 2021 27,9x
Yield 2021 0,67%
Capitalization 7 934 B 107 B 107 B
Capi. / Sales 2021 8,98x
Capi. / Sales 2022 7,89x
Nbr of Employees 116 971
Free-Float 83,4%
Chart HDFC BANK LIMITED
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HDFC Bank Limited Technical Analysis Chart | MarketScreener
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Technical analysis trends HDFC BANK LIMITED
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
 
Mean consensus -
Number of Analysts
Average target price
Last Close Price 1 440,85 
Spread / Highest target -
Spread / Average Target -
Spread / Lowest Target -
EPS Revisions
Managers
NameTitle
Sashidhar Jagdishan Chief Executive Officer & Managing Director
Shyamala Gopinath Chairman
Srinivasan Vaidyanathan Chief Financial Officer
Ramesh Lakshminarayanan Chief Information Officer
Kaizad M. Bharucha Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
HDFC BANK LIMITED12.15%107 171
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BANCO SANTANDER, S.A.-31.04%51 068
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INTESA SANPAOLO S.P.A.-17.20%45 114
SUMITOMO MITSUI FINANCIAL GROUP, INC.-20.98%41 435