HDFC Bank lost 3.48% to Rs 655 at 14:08 IST on BSE after net profit rose 30.08% to Rs 1843.86 crore on 17.94% growth in total income to Rs 11588.56 crore in Q1 June 2013 over Q1 June 2012.
The Q1 result was announced during trading hours today, 17 July 2013.
Meanwhile, the S&P BSE Sensex was down 50.42 points or 0.25% at 19,800.81.
On BSE, 2.01 lakh shares were traded in the counter as against average daily volume of 1.55 lakh shares in the past one quarter.
The stock hit a high of Rs 683.80 and a low of Rs 647 so far during the day.
The growth in HDFC Bank's bottom line was in line in market expectations. The private sector maintained its run rate of about 30% growth in bottom line which it has consistently reported for many quarters now.
HDFC Bank is a leading private-sector bank in India.
Powered by Capital Market - Live News
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app