Business Standard

HDFC Bank nears all-time high ahead of Q4 results

HDFC Bank is trading higher by 1.8% at Rs 539

Read more on:    Nse | Q4 Results | Hdfc Bank | Net Interest Income
Related News

is trading higher by 1.8% at Rs 539.70, near its all-time high of Rs 539.90 ahead of the financial results for the fourth quarter ended March 2012, scheduled to be declared today.

India’s second largest private sector lender is likely to post a 28% year-on-year growth in net profit at Rs 1,427 crore for the fourth quarter of FY12, according to Kotak Securities. (NII) is seen at Rs 3,259 crore versus Rs 2,840 crore, up 15%, y-o-y.

A combined 1.92 million shares have already changed hands so far, against an average around 2.5 million shares that were traded daily in past two weeks on the and BSE.

Read more on:   
|
|
|

Read More

Credit ratings fell the most in three years: CRISIL

According to CRISIL, the Indian arm of Standard & Poor which rates over 9,000 issuers in India, credit ratings have fallen the most in three ...

Quick Links

 

Market News

Upbeat auto market spurs demand for imported natural rubber

Imports cheaper than local rubber, but tyre makers reluctant to reduce prices

Union Bank zooms on strong quarterly results

Union Bank of India surged 7% after the company posted 19% rise in the net profit at Rs 664 crore

Mahindra & Mahindra Financial gains post block deal

Stock is up 5% at Rs 246. The block deal is valued at Rs 44.16 crore

Cardamom down 0.6% on subdued demand

Spice for delivery in September traded lower by 0.25%

Mentha oil up 0.2% on pick-up in demand

Oil for delivery in September edged up by 0.17%

Back to Top