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HDFC joins Rs 4 trillion market capitalisation league; stock hits new high

The stock of the mortgage lender touched a fresh record high of Rs 2,327 per share, up 2 per cent intra-day on the BSE, surpassing its previous high of Rs 2,301 touched on July 5.

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SI Reporter Mumbai
Housing Development Finance Corporation (HDFC) on Thursday crossed Rs 4 trillion market capitalisation (m-cap)-mark for the first time after its shares hit a new high in an otherwise subdued market.

The stock of the mortgage lender touched a fresh record high of Rs 2,327 per share, up 2 per cent intra-day on the BSE, surpassing its previous high of Rs 2,301 touched on July 5.

At 10:32 am, HDFC was trading 1.6 per cent higher at Rs 2,324 with a market cap of Rs 4.01 trillion, the BSE data show. In comparison, the Sensex was trading lower by 0.11 per