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HDFC Bank Ltd drops for fifth straight session

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Capital Market

The stock is quoting at Rs 2081.25, down 0.38% on the day as on 13:19 IST on the NSE. HDFC Bank Ltd jumped 18.78% in last one year as compared to a 16.58% rally in NIFTY and a 16.65% spurt in the Nifty Bank index.

HDFC Bank Ltd fell for a fifth straight session today. The stock is quoting at 2081.25, down 0.38% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.29% on the day, quoting at 11467.95. The Sensex is at 37954.16, up 0.27%.HDFC Bank Ltd has eased around 4.36% in last one month.Meanwhile, Nifty Bank index of which HDFC Bank Ltd is a constituent, has increased around 4.47% in last one month and is currently quoting at 28021.7, up 0.22% on the day. The volume in the stock stood at 11.44 lakh shares today, compared to the daily average of 23.86 lakh shares in last one month.

 

The benchmark August futures contract for the stock is quoting at Rs 2088.15, up 0.16% on the day. HDFC Bank Ltd jumped 18.78% in last one year as compared to a 16.58% rally in NIFTY and a 16.65% spurt in the Nifty Bank index.

The PE of the stock is 31.12 based on TTM earnings ending June 18.

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First Published: Aug 17 2018 | 1:35 PM IST

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