HDFC Bank shares dip, Q2 results due October 17
The stock opened at ₹713.70 and rose to an intraday high of ₹715.90, but continued to trade below its previous close of ₹719.05
On Tuesday, HDFC Bank's shares slipped nearly 2 percent to ₹706.25 on the NSE, trading at ₹713.50 by midday. The stock opened at ₹713.70 and peaked at ₹715.90 before falling below its previous close of ₹719.05. According to current trading data, 54.22 percent of shares were purchased, totaling 14,15,366, while 45.78 percent were sold, equating to 11,94,958 shares.
The traded volume amounted to 192.89 lakh shares, generating a traded value of ₹1,370.54 crore. HDFC Bank's total market capitalization is valued at ₹11 lakh crore, with an adjusted P/E ratio of 13.84. Over the past week, the stock's absolute returns declined by 3.45 percent. Over the month, the stock experienced a 1 percent decrease, and its year-to-date returns have dropped by 28.05 percent.
HDFC Bank is set to release its second-quarter results on October 17. Comments must be in English and written as full sentences. Comments must be respectful and refrain from being abusive or personal.
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