HDFC Bank Shares: At 11:06 am, the shares have been buying and selling decrease by 2.36 per cent on BSE
HDFC Bank shares have shaved off greater than 2 per cent in a weak market after the nation’s largest non-public lender reported internet revenue of Rs 8,186.51 crore within the March quarter, on Saturday, marking a rise of 18.2 per cent from Rs 6,927.69 crore throughout the identical interval final yr. At 11:06 am, the shares of HDFC Bank have been buying and selling at Rs 1,349.50, decrease by 2.36 per cent on the BSE.
The financial institution’s whole earnings elevated to Rs 38,017 crore on a standalone foundation, in comparison with Rs 35,917 crore within the year-ago interval. The financial institution earned a complete earnings of Rs 1,46,063.1 crore by the yr ended March 31, 2021.
On a sequential foundation, HDFC Bank’s standalone internet revenue declined 6.5 per cent within the quarter ended March 2021, in comparison with Rs 8,758 crore on the finish of the previous October-December quarter.
The financial institution’s internet curiosity earnings – the distinction between curiosity earned and curiosity expended – grew by 12.6 per cent to Rs 17,120 crore within the fourth quarter, in comparison with Rs 15,204 crore within the year-ago interval.
The BSE Sensex was at 47,776.06, weaker by 1052.55 factors or 2.16 per cent and the NSE Nifty was at 14,308.55, down 308.25 factors or 2.09 per cent.
