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HDFC Bank extends gains post June quarter result; stk surges 9.5% in 4 days

The stock was up 5% to Rs 1,153 after the lender reported 20 per cent year on year growth in net profit at Rs 6,659 crore for April-June quarter (Q1FY21) supported by operational income

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HDFC Bank | Buzzing stocks | Markets

SI Reporter  |  Mumbai 



HDFC Bank
HDFC Bank has been able to deliver its usual earnings growth trajectory. However, the Covid-19 pandemic has induced volatility on certain operating parameters. | Photo: Shutterstock

Shares of soared 5 per cent to Rs 1,153 on the BSE on Monday after the lender reported 20 per cent year on year (YoY) growth in net profit at Rs 6,659 crore for the April-June quarter (Q1FY21), supported by operational income. The stock of the private sector bank has rallied 9.5 per cent in the past four trading days.

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First Published: Mon, July 20 2020. 09:54 IST

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