HDFC Bank rose 0.21% to Rs 1,866.65 at 15:11 IST on BSE after net profit rose 20.13% to Rs 4151.03 crore on 16.55% growth in total income to Rs 23276.18 crore in Q2 September 2017 over Q2 September 2016.
The result was announced during market hours today, 24 October 2017.Meanwhile, the S&P BSE Sensex was up 91.35 points or 0.28% at 32,598.07.
On the BSE, 1.18 lakh shares were traded on the counter so far as against the average daily volumes of 66,516 shares in the past one quarter. The stock was volatile. The stock had hit a high of Rs 1,876.95 and a low of Rs 1,852.90 so far. The stock had hit a record high of Rs 1,875.20 on 18 October 2017. The stock had hit a 52-week low of Rs 1,159.30 on 25 November 2016.
The stock had outperformed the market over the past one month till 23 October 2017, rising 2.09% compared with 1.83% rise in the Sensex. The scrip also outperformed the market in past one quarter, gaining 7.09% as against Sensex's 0.86% rise. The scrip also outperformed the market in past one year, surging 47.2% as against Sensex's 15.36% rise.
The large-cap bank has equity capital of Rs 516.80 crore. Face value per share is Rs 2.
HDFC Bank's gross non-performing assets (NPAs) stood at Rs 7702.84 crore as on 30 September 2017 as against Rs 7242.93 crore as on 30 June 2017 and Rs 5069.04 crore as on 30 September 2016.
The ratio of gross NPAs to gross advances stood at 1.26% as on 30 September 2017 as against 1.24% as on 30 June 2017 and 1.02% as on 30 September 2016.
The ratio of net NPAs to net advances stood at 0.43% as on 30 September 2017 as against 0.44% as on 30 June 2017 and 0.3% as on 30 September 2016.
HDFC Bank is one of the leading private sector banks in India. As on 30 September 2017, the bank had a network of 4,729 branches and 12,259 ATMs.
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