HDFC Bank m-cap crosses Rs 8-trillion mark; stock zooms 30% in 3 months

In the past month, HDFC Bank has outperformed the market by gaining 17 per cent, against 10 per cent rise in the S&P BSE Sensex

HDFC Bank has joined the elite club of Rs 8-trillion market capitalization (market-cap) on the BSE, as its share price hit a new high of Rs 1,464 in Wednesday's early morning deals. HDFC Bank, which is at number three position in overall market-cap ranking of listed companies, has become the first lender to achieve the milestone.

Shares of HDFC Bank hit a fresh record high today after rising nearly 2 per cent on the BSE. At 09:17 am, HDFC Bank had a market capitalisation of Rs 8.02 trillion, the BSE data shows. In comparison, the S&P BSE Sensex was