HDFC Bank gains after good Q3 numbers

HDFC Bank rose 1.10% to Rs 1,041.60 at 14:29 IST on BSE after net profit rose 20.12% to Rs 3356.84 crore on 22.45% increase in total income to Rs 18283.31 crore in Q3 December 2015 over Q3 December 2014.

The result was announced during trading hours today, 25 January 2016.

Meanwhile, the BSE Sensex was up 69.02 points, or 0.28%, to 24,504.68.

On BSE, so far 1.01 lakh shares were traded in the counter, compared with an average volume of 87,812 shares in the past one quarter. The stock hit a high of Rs 1,046.80 and a low of Rs 1,033.25 so far during the day. The stock hit a record high of Rs 1,127.90 on 21 July 2015. The stock hit a 52-week low of Rs 944.70 on 7 May 2015. The stock had outperformed the market over the past one month till 22 January 2016, falling 3.25% compared with 4.51% decline in the Sensex. The scrip had also outperformed the market in past one quarter, sliding 5.89% as against Sensex's 10.45% fall.

The large-cap private sector bank has an equity capital of Rs 505.02 crore. Face value per share is Rs 2.

HDFC Bank is one of the leading private sector banks in India.

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