HDFC Bank rose 1.17% to Rs 724.95 at 14:38 IST on BSE after net profit rose 23.11% to Rs 2326.52 crore on 14.94% increase in total income to Rs 12789.98 crore in Q4 March 2014 over Q4 March 2013.
The company made the announcement during trading hours today, 22 April 2014.
Meanwhile, the BSE Sensex was up 22.81 points, or 0.10%, to 22,787.64.
On BSE, so far 3.17 lakh shares were traded in the counter, compared with an average volume of 2.04 lakh shares in the past one quarter.
The stock hit a high of Rs 728.30 and a low of Rs 718.50 so far during the day. The stock hit a record high of Rs 760.50 on 25 March 2014. The stock hit a 52-week low of Rs 528 on 28 August 2013.
The stock had underperformed the market over the past one month till 21 April 2014, falling 2.35% compared with the Sensex's 4.65% rise. The scrip had also underperformed the market in past one quarter, rising 5.89% as against Sensex's 7.12% rise.
The large-cap company has an equity capital of Rs 479.81 crore. Face value per share is Rs 2.
HDFC Bank's net profit rose 26.05% to Rs 8478.40 crore on 17.03% increase in total income to Rs 49055.18 crore in the year ended March 2014 over the year ended March 2013.
On a consolidated basis, HDFC Bank's net profit rose 27.28% to Rs 8743.49 crore on 18.28% increase in total income to Rs 50852.52 crore in the year ended March 2014 over the year ended March 2013.
HDFC Bank's ratio of net non-performing assets (NPA) to net advances stood at 0.3% as on 31 March 2014, compared with 0.3% as on 31 December 2013 and 0.2% as on 31 March 2013.
The bank's ratio of gross NPA to gross advances stood at 1% as on 31 March 2014, compared with 1% as on 31 December 2013 and 1% as on 31 March 2013.
Provisions and contingencies fell 4.79% to Rs 286.13 crore in Q4 March 2014 over Q4 March 2013.
The bank's Capital Adequacy Ratio (CAR) as per Basel III norms stood at 16.1% as on 31 March 2014, compared with 14.7% as on 31 December 2013.
HDFC Bank is a leading private sector bank in India.
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