HDFC regains Rs 4 trillion m-cap; stock surges 6%, hits over 8-month high

At 01:01 pm, HDFC market capitalisation (market-cap) stood at Rs 4.11 trillion on the BSE.

Housing Development Finance Corporation (HDFC) regained the Rs 4 trillion-market capitalisation after the stock of the housing finance company rallied 6 per cent, hitting an over eight-month high of Rs 2,285 on the BSE on Tuesday. It was trading at its highest level since February 27, 2020. It had hit a 52-week high of Rs 2,500 on January 14, 2020.

At 01:01 pm, HDFC's market capitalisation (market-cap) stood at Rs 4.11 trillion on the BSE, exchange data shows. In comparison, the S&P BSE Sensex was up 1.5 per cent at 43,245 points.

Thus far in November, the stock of HDFC has advanced